Lafayette: Housing & Real Estate
The median Lafayette home is valued at $181,300, with median rent $1,064 (1.2× higher than Madison County median $899; 1.1× higher than Ohio median $943). Homeownership rate: 16.3%. That's 1.1× below the Madison County median ($201,200); about the same as the Ohio median ($190,721). A municipal building code is in effect.
- 5.0× annual income — home value vs. household income (vs Ohio 2.6×).
- 14.2 years to break even renting at the median (vs Ohio 17y).
Home Values & Rent
Median home value $181,300 — 1.0× the Ohio median ($190,720). Median rent $1,064/month. homeownership rate 16.3% — below the U.S. share of ~65%.
| Median Home Value | $181,300 (vs Ohio $190,721) |
|---|---|
| Median Rent | $1,064 (vs Ohio $943) |
Other
| Homeownership Rate | 16.3% |
|---|---|
| Median Year Built | 1964 |