States › Georgia › LaFayette

Is LaFayette, GA expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,02142% lower than U.S. average
💵 Families earn per year (2026)$49,630about $4,136/month · 43% lower than U.S. average
🔑 House price$144,80056% lower than U.S. average

Rent is lower than in 87% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $40,840 a year. That is $20 an hour at a full-time job.

Is rent cheaper than other Georgia cities?

Yes. Rent here is cheaper than in most of Georgia. It is number 26 of 168 cities from cheapest to most expensive.

LaFayette
$1,021
Gresham Park
$1,622
Whitemarsh Island
$2,241
Thomson
$1,667
Dahlonega
$1,773
Hapeville
$1,942
Stone Mountain
$1,856

How much do households earn in LaFayette?

Under $25k
24.1%
$25k–50k
29.9%
$50k–100k
32.2%
$100k–150k
4.7%
$150k+
1.5%

Share of households by yearly income. 6.3% of households earn $100,000 or more.

Rent by apartment size in LaFayette

SizeLaFayetteU.S. average
1 bedroom$602$1,324
2 bedrooms$856$1,509
3 bedrooms$973$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is LaFayette overall?

Everyday prices in Georgia overall are 4% below the U.S. average (index 96.3, U.S. = 100).

Housing
89
Goods (food, clothes…)
99
Utilities
93
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for LaFayette, so the Georgia figure is shown.

Taxes and bills in LaFayette

🏛️ Property tax$1,302a year · 0.90% of home value · U.S. $3,119
⚡ Electric bill$206a month (typical) · U.S. $156

Life in LaFayette

Commute to work26.9 minU.S.: 26.4 min
College degree12.1%U.S.: 35.7%
Own their home60.1%U.S.: 65.2%
Below poverty line14.3%U.S.: 12.5%
Unemployment0.6%U.S.: 5.2%

Is it cheaper to rent or buy in LaFayette?

About the same. Renting and owning cost within $16 of each other each month.

Renting
$1,021
Owning
$1,005

Owning assumes a typical $144,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,480 for the down payment.

Frequently asked questions

What is the average rent in LaFayette, GA?

Renting in LaFayette costs a median of about $1,021 a month in 2026, including utilities. The Georgia median is $1,667.

How much do I need to make to live in LaFayette?

To keep rent under 30% of income, you need about $40,840 a year, or $20 an hour at a full-time job.

Is LaFayette cheap or expensive?

LaFayette is rated OK: rent takes 24.7% of the typical household income of $49,630. It ranks 26th cheapest of 168 Georgia cities we track.

How much are property taxes in LaFayette?

The median homeowner in LaFayette pays $1,302 a year in property taxes, about 0.90% of the median home value.

Is LaFayette more expensive than the national average?

Overall prices in Georgia are 4% below 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 $144,800, about 2.9 times the typical yearly household income.

6,967 people live in LaFayette. Numbers are typical (middle) values.