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ZIP Code · LA

ZIP 70501

Pop. 26,465·Lafayette Parish·85th most expensive ZIP in Louisiana
Median rent (all units)
$1,020/mo
Year-over-Year
+5.5%
Month-over-Month
+2.4%
vs US Median
-$945
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 70501 · $1,020
More affordable than 97% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$730
1 BR
$840
2 BR
$950
3 BR
$1,210
4 BR+
$1,570
Research median
$950/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$12,240/yr
At $1,020/mo median
Location
StateLA
CountyLafayette Parish
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.5% YoY, +2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 70501 (Lafayette, LA) is majority renter-occupied, has a median income below the national average, 16.9% of residents hold a bachelor's degree or higher.

Population
26,465
Median income
$33,365
Median age
36.9
Renters
58.8%
Age distribution
21%
24.4%
24.2%
13.8%
16.6%
Under 1821%
18–3424.4%
35–5424.2%
55–6413.8%
65+16.6%
Gender
46.8%
53.2%
Male46.8%
Female53.2%
Race & ethnicity
18.5%
72.9%
White18.5%
Black72.9%
Hispanic3.8%
Other4.5%
Education (25+)
21.7%
39.6%
21.8%
16.9%
No HS diploma21.7%
HS diploma39.6%
Some college21.8%
Bachelor's+16.9%
Housing tenure
41.2%
58.8%
Owner41.2%
Renter58.8%

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

2021 vs 2026

How ZIP 70501 in Lafayette, LA has changed in 5 years

Income
$28,067 → $33,365
up 18.9%
Population
27,944 → 26,465
down 5.3%
Renter share
55.5% → 58.8%
+3.3 pts
Bachelor's+
16.1% → 16.9%
+0.8 pts
Median age
37.5 → 36.9
-0.6 yrs

Median household income climbed from $28,067 to $33,365 between 2021 and 2024, a 18.9% shift. Census counts show ZIP 70501 in Lafayette, LA losing about 1,479 residents over the five-year window, down 5.3% on net. The renter share has risen from 55.5% to 58.8%, with owner-occupied housing accounting for the remainder.

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Local insights

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About renting in ZIP 70501

Last updated: July 20, 2026

ZIP code 70501 covers Lafayette, LA. The median rent here is $1,020/mo as of July 2026. A 1-bedroom rents for a median of $840/mo. A 2-bedroom rents for a median of $950/mo.

At 37% of local median household income ($33,365/yr), ZIP 70501 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 70501?

As of July 20, 2026, the median monthly rent in ZIP 70501 (Lafayette, LA) is $1,020. This is based on aggregated data from public sources and community submissions.

How does ZIP 70501 rent compare to the US average?

ZIP 70501's median rent of $1,020/mo is $945 (48%) below the US national median of $1,965/mo.

How does ZIP 70501 compare to other ZIPs in Louisiana?

ZIP 70501 is among the more affordable ZIP codes in Louisiana, ranking #85 out of 91 ZIPs at $1,020/mo.

How much income do you need to rent in ZIP 70501?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (~$20/hour full-time) to afford the median rent of $1,020/mo in ZIP 70501. The local median household income is $33,365/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 70501?

Rent in ZIP 70501 has increased 5.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 70501 an affordable place to rent?

ZIP 70501 is considered moderate for renters. At $1,020/mo, rent takes approximately 37% of the local median household income ($33,365/yr). The standard benchmark is 30%. ZIP 70501 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 70501 residents rent vs. own?

According to Census data, approximately 58.8% of ZIP 70501 households are renters, while 41.2% are owner-occupied. With a majority renter population, ZIP 70501 has a strong rental market.

How does ZIP 70501 compare to the rest of Lafayette?

ZIP 70501 is more affordable than Lafayette overall. At $1,020/mo, it's $304 below the Lafayette citywide median of $1,324/mo.

When was rent data for ZIP 70501 last updated?

Rent data for ZIP 70501 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
37%
MODERATE

At $1,020/mo, rent takes ~37% of ZIP 70501's median household income ($33,365/yr). The standard benchmark is 30%.

ZIP 70501 37%Benchmark 30%
State income tax1.85–4.25%
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Public schools near ZIP 70501 (Lafayette, LA)

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