10 Best Places to Celebrate Mardi Gras in the U.S.
If you love Mardi Gras, live somewhere that shares your passion! Explore other cities that host the biggest celebrations in the U.S.
Avg Rent
$987
Population
122,572
Renter Mix
47% Rent
Lafayette sits at the heart of Acadiana, the broad cultural corridor stretching between Houston and New Orleans, and it carries that position with real confidence. Originally established as Vermilionville in the 1820s, the city has grown into Louisiana's fourth most populous, anchored by the University of Louisiana at Lafayette, a major healthcare presence at Ochsner Lafayette General Medical Center, and a long-established energy sector. That mix of education, medicine, and industry gives the local economy a layered stability that draws renters from across the region.
Neighborhood variety is one of Lafayette's quiet strengths. Downtown Lafayette offers walkable streets close to live music and galleries, while River Ranch brings a town-square feel with boutiques along Camellia Boulevard. The Saint Streets area features tree-lined blocks near Girard Park, and the Oil Center district sits close to medical offices and performing arts venues. Each pocket has its own rhythm, but all share easy access to the broader city.
The rental market reflects that range, with apartment communities, garden-style complexes, and historic cottages available across price points. Festival International de Louisiane, one of the largest free outdoor music festivals in North America, roots the city's identity in its French Creole heritage every spring.
Downtown Lafayette is a vibrant community with culture and arts, dining, and nightlife.
Boats anchored at the shore await their turn for an adventurous swamp tour in Lafayette.
Many residents of Lafayette ride bicycles around the downtown area.
Median Household Income
$52,465
Average: $77,866
Education
38,984
Residents Have a Degree
Job Market
59,116
Workers Employed
Median Age
39 Years
Largest Age Group
25-34 Years
Approximately 15% of Residents
Under 20
23%
Over 65
19%
Housing Distribution
Lafayette has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Lafayette, LA is $733 for a studio, $991 for one bedroom, $1,197 for two bedrooms, and $1,640 for three bedrooms. Apartment rent in Lafayette has decreased by -1.9% in the past year.
The cost of living in Lafayette, LA is 13.0% lower than the national average. Generally, housing in Lafayette is 36.7% less expensive than the national average, with rent falling between $733 - $1,640. You can expect to pay 2.4% less for groceries, 10.0% less for utilities, and 0.1% less for transportation.
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10 Best Places to Celebrate Mardi Gras in the U.S.
If you love Mardi Gras, live somewhere that shares your passion! Explore other cities that host the biggest celebrations in the U.S.
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Explore how walkable, bikeable, drivable, and transit-friendly Lafayette, LA is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Moderately Bikeable
Bikeability
Public
Grades PK-8
1,332 Students
Public
Grades PK-5
801 Students
Public
Grades K-8
654 Students
Public
Grades PK-5
519 Students
Myrtle Place Elementary School
Public
Grades PK-5
372 Students
David Thibodaux STEM Magnet Academy
Public
Grades 6-12
1,388 Students
Public
Grades PK-8
1,332 Students
Public
Grades 6-8
490 Students
Public
Grades 6-8
952 Students
Public
Grades K-8
654 Students
Public
Grades 9-12
245 Students
Public
Grades 9-12
1,852 Students
David Thibodaux STEM Magnet Academy
Public
Grades 6-12
1,388 Students
Public
Grades 9-12
1,813 Students
Public
Grades 9-12
1,098 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.