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Lafayette, OR Real Estate


According to census data in the year 2000 there were 884 housing units in Lafayette. This represents a 90.9% growth from 463 in 1990.

Of those housing units, 879 were located in either urbanized areas or urban clusters, and 5 were located in what is classified as a rural area.

Homeownership rate in Lafayette is about 77.8%. Lafayette's vacancy rate, including seasonal lodging, is about 5.3%. Average household size is 3.06 people.

The majority of houses, apartments or condos in Lafayette were built after 1985.

Statistics

Housing Size

Housing Units by Size
Studio Type3.30%
One Bedroom7.40%
Two Bedrooms26.70%
Three Bedrooms51.20%
Four Bedrooms10.30%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.94
Median year structure was built1988
Median Value of occupied units$125,400
Median Price asked for vacant units$128,100

Rented Homes, Apartments and Condos

Average Household Size3.48
Median year structure was built1978
Median Monthly Rent asked for vacant units$400

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage9.40%
Home Equity Loan10.20%
Simple Mortgage65.80%
Debt Free14%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs24.2%