ZIP 70506

Lafayette, LA

Data based on listings and public records observed by Rufus. May not represent the entire market.

ZIP 70506 covers 17 tracked apartment buildings totaling 3,780 units in Lafayette, LA, with an average asking rent of $1,166 — well below the national median for this ZIP code. Asking rents span $509 to $1,995 across the available inventory. Occupancy of 94.9% is in line with a healthy stabilized market.

The for-sale market in this ZIP code shows a median asking price of $242,990 ($142 per square foot). For-sale listings sit on the market for an average of 212 days. As of the most recent snapshot Rufus is tracking 233 active listings. HMDA mortgage data for the county covering Lafayette shows an average loan amount of $268,838 at an average interest rate of 6.59%. 6,154 loans were originated in the most recent reporting year, an elevated denial rate that is worth benchmarking before underwriting new deals.

Rufus refreshes this ZIP code snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.

Last updated 2026-07-28 · Tracked since 2025-09-06
Avg Rent
$1,166
$509 – $1,995
Buildings
17
Total Units
3,780
Est. Occupancy
94.9%
194 vacant (observed)

Building Vintage

Pre-1980
9
1980-1999
4
2000-2014
3
2015+
2

Largest Buildings

Last updated: 2026-07-17
Median Asking Price
$242,990
Median Size
1,642 sqft
Price per Sqft
$142
Avg Days on Market
212 days
Active Listings
233

Home Type Breakdown

Single Family99.6%(232)
Condo0.4%(1)
Source: HMDA / CFPB

Mortgage data is reported at the county level and may cover a broader area than the ZIP, city, or metro shown.

Avg Loan Amount
$268,838
Avg Property Value
$316,068
Avg Applicant Income
$128,662
Denial Rate
21.5%
Avg Interest Rate
6.59%
Originations
6,154

Loan Type Breakdown

Conventional60.5%
FHA25.3%
VA8.8%
USDA5.4%