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La Fayette, GA Real Estate


According to census data in the year 2000 there were 2,971 housing units in La Fayette. This represents a 13.1% growth from 2,627 in 1990.

Of those housing units, 2,786 were located in either urbanized areas or urban clusters, and 185 were located in what is classified as a rural area.

Homeownership rate in La Fayette is about 59.5%. La Fayette's vacancy rate, including seasonal lodging, is about 8%. Average household size is 2.3 people.

The majority of houses, apartments or condos in La Fayette were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom13%
Two Bedrooms37.70%
Three Bedrooms38.50%
Four Bedrooms8.20%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1962
Median Value of occupied units$58,500
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1967
Median Monthly Rent asked for vacant units$168

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.30%
Home Equity Loan3.50%
Simple Mortgage42.60%
Debt Free46.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18%