How much does it cost to rent in Lafayette, CO?

As of July 2026, the median monthly rent in Lafayette, CO is $2,250. This figure is based on aggregated data from public sources and community-submitted rents.

Is Lafayette cheaper than other Colorado cities?

Lafayette falls in the middle range for Colorado, ranking #26 out of 66 cities at $2,250/mo.

When was Lafayette rent data last updated?

Lafayette rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · CO

Lafayette

Name: Average Rent Prices in Lafayette, CO
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 30,602·26th most expensive in Colorado·Lafayette rents are up 11.8% over the past year

Median rent (all units)

$2,250/mo

Year-over-Year

+11.8%

Month-over-Month

-1.4%

vs US Median

+$285

Falling (Monthly)

Be the first to discuss Lafayette rents ↓

Most AffordableMost Expensive

Lafayette · $2,250

More expensive than 71% of US cities · National median $1,965/mo

Rent Reality Score

62/100

Good value

OverheatedFairGreat value

Rents are 6% below what Lafayette's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,250/mo

Expected by trend

$2,393/mo

The Rent Reality Score compares today's median rent to where Lafayette's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,520

1 BR

$1,770

2 BR

$2,140

3 BR

$2,810

4 BR+

$3,210

Research median

$2,140/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$27,000/yr

At $2,250/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 11.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+11.8% YoY, -1.4% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Lafayette, CO is majority owner-occupied, has a median income above the national average, 63.5% of residents hold a bachelor's degree or higher.

Population

30,602

Median income

$119,040

Median age

39.1

Renters

34.3%

Age distribution

21.7%

28.6%

16.1%

Under 1821.7%

18–3421.7%

35–5428.6%

55–6411.9%

65+16.1%

Gender

49.4%

50.6%

Male49.4%

Female50.6%

Race & ethnicity

74.1%

19.2%

White74.1%

Black0.8%

Hispanic19.2%

Asian3.9%

Other2%

Education (25+)

20.5%

63.5%

No HS diploma5%

HS diploma11%

Some college20.5%

Bachelor's+63.5%

Housing tenure

65.7%

34.3%

Owner65.7%

Renter34.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Lafayette, CO has changed in 5 years

Rent

$1,717 → $2,250

up 31.0%

Income

$95,033 → $119,040

up 25.3%

Population

30,307 → 30,602

up 1.0%

Renter share

30.3% → 34.3%

+4.0 pts

Bachelor's+

61.4% → 63.5%

+2.1 pts

Rent in Lafayette, CO has increased 31.0% since 2021, going from about $1,717 per month to roughly $2,250 today. Census figures show median household income at $119,040 today, compared with $95,033 five years earlier. Rent outpaced income growth by roughly 5.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 30,307 to 30,602 between 2021 and 2024, a 1.0% change. About 34.3% of households rent today, against 30.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 61.4% to 63.5%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Lafayette

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View Lafayette rent history (2015–2026) →

Salary vs rent

Can you afford rent in Lafayette on your salary?

At $2,250/mo, how Lafayette rent compares to typical pay (30% rule).

Registered Nurse

Avg $99,204/yr · Rent = 27.2% income

affordable

Elementary School Teacher

Avg $70,434/yr · Rent = 38.3% income

stretched

Police Officer

Avg $81,134/yr · Rent = 33.3% income

stretched

Software Developer

Avg $145,016/yr · Rent = 18.6% income

very comfortable

Lawyer

Avg $185,294/yr · Rent = 14.6% income

very comfortable

Firefighter

Avg $65,951/yr · Rent = 40.9% income

rent-burdened

Truck Driver

Avg $59,546/yr · Rent = 45.3% income

rent-burdened

Electrician

Avg $73,395/yr · Rent = 36.8% income

stretched

By apartment size

Lafayette rent by bedroom count

Median rent for each apartment size in Lafayette. Click any size for full breakdown.

Local insights

Tips for renters in Lafayette

About renting in Lafayette, CO

Last updated: July 20, 2026

The median rent in Lafayette is $2,250/mo as of July 2026. A studio apartment averages $1,520/mo while a 2-bedroom runs $2,140/mo. One-bedroom apartments average $1,770/mo and 3-bedroom units go for $2,810/mo.

At 23% of local median household income ($119,040/yr), Lafayette ranks as affordable compared to the national benchmark of 30%. Rents have increased 11.8% over the past year.

FAQ

Frequently asked questions

Is Lafayette an affordable city for renters?

Lafayette is considered very affordable for renters. At $2,250/mo, rent takes approximately 23% of the local median household income ($119,040/yr). The standard benchmark is 30%. Lafayette falls comfortably within that range.

How much income do you need to rent in Lafayette?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,250/mo in Lafayette. The local median household income is $119,040/yr, meaning the typical Lafayette household meets that threshold.

Is rent going up or down in Lafayette?

Rent in Lafayette has increased 11.8% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Lafayette rent compare to other cities in Colorado?

Lafayette is middle-of-the-pack for Colorado for rent, ranking #26 out of 66 tracked cities at $2,250/mo.

Which nearby cities are cheaper to rent in than Lafayette?

Several nearby cities have lower median rents than Lafayette ($2,250/mo): Northglenn ($1,533/mo), Broomfield ($2,035/mo).

What percentage of Lafayette residents rent vs. own?

According to Census data, approximately 34.3% of Lafayette households are renters, while 65.7% are owner-occupied. Lafayette leans toward homeownership, which can mean a smaller rental inventory.

How does Lafayette rent compare to the national average?

Lafayette's median rent of $2,250/mo is $285 (15%) above the US national median of $1,965/mo. Within Colorado, it ranks #26 out of 66 tracked cities.

Income Affordability

23%

VERY AFFORDABLE

At $2,250/mo, rent takes ~23% of Lafayette's median household income ($119,040/yr). The standard benchmark is 30%.

Lafayette 23%Benchmark 30%

State income tax4.4%

Run the Lafayette affordability calculator →

Nearby cities