Housing & Real Estate — Lafayette, Minnesota

Overview

Total Housing Units211
Occupied172
Vacant39
Owner-Occupied157
Renter-Occupied15
Median Home Value (Census)$155,800
Estimated 2026~$191,000
Median Rent$725/mo
Median Property Tax$1,840/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income9.8%
Severely Rent-Burdened13.6%

Housing Age

Built 2010 or later4
Built 2000-200913
Built 1990-19995
Built before 1960127
Median Year Built1957
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.