Lafayette, TN Real Estate

According to census data in the year 2000 there were 1,749 housing units in Lafayette. This represents a 3.2% growth from 1,695 in 1990.

Of those housing units, 1,606 were located in either urbanized areas or urban clusters, and 143 were located in what is classified as a rural area.

Homeownership rate in Lafayette is about 68.6%. Lafayette's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Lafayette were built after 1972.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom11%
Two Bedrooms31.20%
Three Bedrooms46.40%
Four Bedrooms8.10%
Five Bedrooms or more2%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1970
Median Value of occupied units$69,400
Median Price asked for vacant units$56,300

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1978
Median Monthly Rent asked for vacant units$296

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.50%
Home Equity Loan2.30%
Simple Mortgage33.90%
Debt Free59.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%