Land and home values in Lafayette Parish, Louisiana
Lafayette Parish (metro core, Lafayette, LA) covers 269 square miles and 58 census tracts. Residential land is about $4.54 per sq ft at the county median, from $1.77 in its most rural tracts to $9.25 in its most valuable. The typical home is worth about $247,000 and a 2-bedroom rents for about $1,060 a month, as of October 12, 2026.
Open on the satellite mapAll of LouisianaCounty values
| Land: residential | $4.54 | per sq ft |
| Land: residential | $197,893 | per acre |
| Land: quarter-acre lot | $49,473 | 10,890 sq ft |
| Land: farmland | $9,380 | per acre |
| Home: typical (median) | $247,000 | value |
| Home: entry-level | $182,000 | lower quartile |
| Home: upper-end | $341,000 | upper quartile |
| Build new | $157 | per sq ft, no land |
| Rent: 1-bedroom | $940 | per month |
| Rent: 2-bedroom | $1,060 | per month |
| Rent: 3-bedroom | $1,360 | per month |
| Rent: 4-bedroom | $1,680 | per month |
| Gross yield, 2-bed | 5.1% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Top tier | 8 | $7.81 | $391,000 | $1,240 |
| Upper | 19 | $5.43 | $279,000 | $1,140 |
| Mid | 17 | $3.74 | $221,000 | $1,060 |
| Entry | 14 | $2.48 | $94,000 | $995 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Cities and towns
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Rivergate | Neighborhood | $13.90 | $624,000 |
| Beaulieu Place | Neighborhood | $11.90 | $541,000 |
| City Heights At The Ranch | Subdivision | $10.20 | $462,000 |
| College Road Subdivison | Subdivision | $9.81 | $447,000 |
| Avalon | Subdivision | $9.76 | $443,000 |
| Bendel Gardens | Subdivision | $9.53 | $429,000 |
| Greenbriar Estates | Subdivision | $9.50 | $434,000 |
| Harolyn Park Townhomes | Subdivision | $9.31 | $424,000 |
Questions people ask
How much is land worth in Lafayette Parish, LA?
Residential land in Lafayette Parish, LA is about $4.54 per square foot, or $197,893 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $49,473. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Lafayette Parish, LA?
The typical (median) home in Lafayette Parish, LA is worth about $247,000, with entry-level homes around $182,000 and upper-end homes around $341,000, as of October 2026.
How much is rent in Lafayette Parish, LA?
A 2-bedroom rents for about $1,060 a month in Lafayette Parish, LA, a 1-bedroom about $940 and a 3-bedroom about $1,360 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Lafayette Parish, LA?
Farmland averages about $9,380 an acre in Lafayette Parish, LA (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.