Real Estate Investing in Lafayette Parish, Louisiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

10 ZIP codes • Population: 246,604

Should you buy in Lafayette Parish County, LA? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (54/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

πŸ“ˆ For Investors
MIXED
2.7 / 5 (48/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 10.1% vacancy may signal weakening demand.
  • Flat appreciation: Values have barely moved over 5 years (1.1% CAGR).

What’s happening in Lafayette Parish County, LA?

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2.7/ 5

Investability

County-wide average

1.0/ 5

Appreciation

1.1% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $233,076
Avg Monthly Rent $1,280
ZIP Codes 10

Investing in Lafayette Parish County Real Estate

Across Lafayette Parish County's 10 ZIPs, the picture is thin β€” soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

A 2.7 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Lafayette Parish County sits firmly in that category.

A 246,604 population and $N/AK household income profile is what makes Lafayette Parish a challenging rental region β€” the base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Lafayette Parish County, LA. Anonymous, moderated, never written by AI.

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Avg Home Value
$233,076
Avg Monthly Rent
$1,280
1% Rule
βœ— Below
Landlord Friendly (LA)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Lafayette, LA metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
53%
Days Pending
2/2
77 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Lafayette Parish County

10 Colleges 22,590 Students 2,810 Off-Campus Renters
C+
University of Louisiana at Lafayette
4-Year Public Β· 15,345 students
πŸ“ ~214 students rent off-campus
C
Aveda Arts & Sciences Institute-Lafayette
Vocational For-Profit Β· 134 students
C
Academy of Interactive Entertainment
2-Year Private Β· 113 students
C
Infinity College
2-Year For-Profit Β· 104 students
C
Cosmetology Training Center
Vocational For-Profit Β· 101 students
C
South Louisiana Community College
2-Year Public Β· 5,887 students
πŸ“ ~2,596 students rent off-campus
C
Delta College of Arts & Technology-Lafayette Campus
Vocational For-Profit Β· 183 students
C
Unitech Training Academy-Lafayette
Vocational For-Profit Β· 259 students
D
Blue Cliff College-Lafayette
2-Year For-Profit Β· 217 students
F
Remington College-Lafayette Campus
2-Year Private Β· 247 students

Investor Insight: With 2,810 students living off-campus, Lafayette Parish County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Lafayette Parish County

ZIP Codes in Lafayette Parish County, LA

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Frequently Asked Questions About Lafayette Parish County

Are landlord laws favorable in, LA?

, LA falls under LA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.

How deep is the rental pool in, LA?

Working renters make up the core of the, LA tenant base. The pool is reasonable for investors targeting long-term holds.

Is vacancy a concern in, LA?

, LA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

How do experienced investors play, LA?

For, LA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Community Ratings

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