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Rental Market Trends in La Fayette, NY

What is the average rent in La Fayette, NY?

$1,127/month

Average Rent

739 Sq Ft

Average Apartment Size

+14.1%

Increase in the Last Year

As of May 2025, the average rent in La Fayette, NY is $1,127 per month. This is 31% lower than the national average rent of $1,625/month, making renting in La Fayette more affordable than most cities in the US. When you rent an apartment in La Fayette, you can expect to pay about $899 per month for a studio, $1,127 for a one-bedroom apartment, and around $1,155 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,207 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$899/month
463 Sq Ft
One Bedroom
$1,127/month
739 Sq Ft
Two Bedroom
$1,155/month
910 Sq Ft
Three Bedroom
$1,207/month
1,105 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in La Fayette, NY?

In the past year, rent has increased by 14.1%, which averages out to $160 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in La Fayette, NY
Last Updated May 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in La Fayette, NY
Percentage*
Rent Range
0% Below $700/month
60% $700 - $1,000/month
40% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in La Fayette, NY?

Because the average rent in La Fayette is $1,127, you’ll want to make about $3,756 per month or $45,072 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

La Fayette, NY

9 Available Apartments for Rent

Search for Nearby Apartments

How does La Fayette, NY compare to other nearby cities and neighborhoods?

Use the tool below to compare La Fayette, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Syracuse Average Rent
  • De Witt Average Rent

Apartment communities in La Fayette we think you'll love

Willow Wood Apartment Homes

Willow Wood Apartment Homes

2984 N Route 11,
La Fayette, NY 13084

1 Bed | $1,607

Apple Ridge Apartment Homes

Apple Ridge Apartment Homes

2820 N US Rt 11,
La Fayette, NY 13084

Studio - 1 Bed | $1,128 - $1,332

6162 US-20

6162 US-20

6162 US-20,
LaFayette, NY 13084

1 Bed | $975

6162 US-20

6162 US-20

6162 US-20,
LaFayette, NY 13084

2 Beds | $1,195

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United States New York La Fayette Rental Trends

Methodology

† 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity