North Main at Steel Ranch
1724 Steel St,
Louisville, CO 80027
1-3 Beds | $2,142 - $3,155
Rental Market Trends in Lafayette, CO
What is the average rent in Lafayette, CO?
$1,832/month
Average Rent
746 Sq Ft
Average Apartment Size
+5.7%
Increase in the Last Year
Lafayette, CO Rental Market Overview
The average rent in Lafayette, CO is $1,832 per month. For comparison, the national average rent price in the US is currently $1,662/month, which means Lafayette rent prices are 10% higher than the national average.
- Studio apartments in Lafayette average $1,617 per month.
- One-bedroom apartments in Lafayette average $1,832 per month.
- Two-bedroom apartments in Lafayette average $2,164 per month.
- Three-bedroom apartments in Lafayette average $2,566 or more per month.
Data Updated: July 1, 2026
Floor Plan Type
Average Rent
Average 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 Lafayette, CO?
In the past year, rent has increased by 5.7%, which averages out to $105 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 July 2026
Legend
2025
2026
Rent Ranges in Lafayette, CO
Last Updated July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
9%
Below $700/month
9%
$700 - $1,000/month
9%
$1,001 - $1,500/month
9%
$1,501 - $2,000/month
64%
Above $2,000/month
What salary do I need to live comfortably in Lafayette, CO?
Because the average rent in Lafayette is $1,832, you’ll want to make about $6,106 per month or $73,272 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.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Lafayette?
The average rent in Lafayette is $1,832 per month, which is 10.2% higher than the national average of $1,662.
What is the average rent for a house in Lafayette?
The average rent for a house in Lafayette, CO is $3,241 per month.
Are rents going up or down in Lafayette?
Rents in Lafayette, CO are increasing, with prices up 5.7% year-over-year and $105 more per month.
What rent range is most common in Lafayette?
In Lafayette, CO, 64% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 June 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.
* Percentages may not total 100 due to rounding.