Example household · $83,730 · same pay · 1 adult

Lafayette

Housing in Lafayette, IN: Rent, Home Prices & Property Tax

$2,462 left/mo

$981/mo (1 bd) in Lafayette. Median home $204,300. Property tax 0.62%.

Rent (1-bedroom)
$981
/mo
Buy
$1,407
Mortgage, tax, insurance
Buying costs more
$426
/mo

To buy

  • 20% down payment$40,860
  • Mortgage at 7.24%$1,114
  • Property tax (0.62% of value)$106/mo · $1,267/yr
  • Insurance and upkeep$187
  • Monthly total$1,407

Months to 20% down

$2,462 left each month. About 17 months (1.4 years) to save $40,860.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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