salaryRent here is among the highest 10% in the country. Household incomes are higher than in 99% of U.S. cities. A typical house costs about 8.1 years of household income, so buying is hard for most locals. Most homes (77.1%) are owned, so rentals can be hard to find. It is a highly educated city: 79% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $123,880 a year. That is $60 an hour at a full-time job.
Is rent cheaper than other California cities?
No. Rent here is more expensive than in most of California. It is number 526 of 653 cities from cheapest to most expensive.
How much do households earn in Lafayette?
Share of households by yearly income. 72.1% of households earn $100,000 or more.
Rent by apartment size in Lafayette
| Size | Lafayette | U.S. average |
|---|---|---|
| Studio | $2,339 | $1,338 |
| 1 bedroom | $2,212 | $1,324 |
| 2 bedrooms | $3,341 | $1,509 |
| 3 bedrooms | $3,500+ | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lafayette overall?
Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lafayette, so the California figure is shown.
Taxes and bills in Lafayette
Life in Lafayette
Is it cheaper to rent or buy in Lafayette?
Renting is cheaper right now: about $10,780 a month less.
Owning assumes a typical $2,000,000+ home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $200,000 for the down payment.
Frequently asked questions
What is the average rent in Lafayette, CA?
Renting in Lafayette costs a median of about $3,097 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Lafayette?
To keep rent under 30% of income, you need about $123,880 a year, or $60 an hour at a full-time job.
Is Lafayette cheap or expensive?
Lafayette is rated Cheap: rent takes 15.1% of the typical household income of $246,168. It ranks 526th cheapest of 653 California cities we track.
How much are property taxes in Lafayette?
The median homeowner in Lafayette pays $10,000+ a year in property taxes, about 0.50% of the median home value.
Is Lafayette more expensive than the national average?
Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Lafayette?
The median home value in Lafayette is $2,000,000+, about 8.1 times the typical yearly household income.
25,285 people live in Lafayette. Numbers are typical (middle) values.