ZIP 47909
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in ZIP 47909 is 0% below its high of $1,509 in August 2026, at $1,509 as of September 2026.
Rent in ZIP 47909 changed +2.9% over the year to September 2026. Across the 114 Indiana ZIP codes Zillow tracks, the typical change was +3.9%.
30% of the median household income ($68,035) is $1,701 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,520); a 4-bedroom is $2,040.
4th cheapest of 4 ZIP codes in Lafayette.
ZIP 47901, 6 miles away, rents for 13% less ($1,317/mo), about $2,300 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 47909. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 47909 (Lafayette, IN) is majority owner-occupied, has a large share of families with children, 31.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 47909 in Lafayette, IN has changed in 5 years
Across the past five years, the going rent in ZIP 47909 in Lafayette, IN has shifted from $1,214 to $1,509, up 24.3% since 2022. Household income in the area moved from $62,661 to $68,035 across the same window, up 8.6% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 47909 in Lafayette, IN adding about 1,013 residents over the five-year window, up 2.4% on net. Reading these numbers side by side helps frame whether current listings in ZIP 47909 in Lafayette, IN look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 47909
Last updated: October 17, 2026
ZIP code 47909 covers Lafayette, IN. The median rent here is $1,509/mo as of October 2026. A 1-bedroom rents for a median of $1,060/mo. A 2-bedroom rents for a median of $1,270/mo.
At 27% of local median household income ($68,035/yr), ZIP 47909 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.
Frequently asked questions
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How does ZIP 47909 compare to other ZIPs in Indiana?
How does ZIP 47909 compare to the rest of Lafayette?
At $1,509/mo, rent takes ~27% of ZIP 47909's median household income ($68,035/yr). The standard benchmark is 30%.
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