RentDataNowRentDataNow
ZIP Code · LA

ZIP 70503

Pop. 28,643·Lafayette Parish·67th most expensive ZIP in Louisiana
Median rent (all units)
$1,310/mo
Year-over-Year
+2.0%
Month-over-Month
+2.6%
vs US Median
-$655
Rising (Monthly)
Be the first to discuss 70503 rents ↓
Most AffordableMost Expensive
ZIP 70503 · $1,310
More affordable than 86% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$870
1 BR
$1,000
2 BR
$1,140
3 BR
$1,460
4 BR+
$1,800
Research median
$1,140/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
$15,720/yr
At $1,310/mo median
Location
StateLA
CountyLafayette Parish
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 2.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+2.0% YoY, +2.6% MoM), not inventory.
Demographics

Who lives here

ZIP 70503 (Lafayette, LA) is majority owner-occupied, has a median income above the national average, 56.5% of residents hold a bachelor's degree or higher.

Population
28,643
Median income
$94,688
Median age
38.4
Renters
34.3%
Age distribution
22.2%
22.9%
25.6%
12.3%
17.1%
Under 1822.2%
18–3422.9%
35–5425.6%
55–6412.3%
65+17.1%
Gender
53.2%
46.8%
Male53.2%
Female46.8%
Race & ethnicity
76.3%
White76.3%
Black9.8%
Hispanic8.7%
Asian3.6%
Other1.6%
Education (25+)
14.3%
25%
56.5%
No HS diploma4.2%
HS diploma14.3%
Some college25%
Bachelor's+56.5%
Housing tenure
65.7%
34.3%
Owner65.7%
Renter34.3%

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

2021 vs 2026

How ZIP 70503 in Lafayette, LA has changed in 5 years

Rent
$1,052 → $1,310
up 24.5%
Income
$83,063 → $94,688
up 14.0%
Population
29,710 → 28,643
down 3.6%
Renter share
31% → 34.3%
+3.3 pts
Bachelor's+
53.2% → 56.5%
+3.3 pts
Median age
35.9 → 38.4
+2.5 yrs

Across the past five years, the going rent in ZIP 70503 in Lafayette, LA has shifted from $1,052 to $1,310, up 24.5% since 2021. Household income in the area moved from $83,063 to $94,688 across the same window, up 14.0% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 70503 in Lafayette, LA losing about 1,067 residents over the five-year window, down 3.6% on net. The renter share has risen from 31% to 34.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 53.2% to 56.5% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 70503 in Lafayette, LA look reasonable against where the market sat half a decade ago.

Community

Discussions about ZIP 70503

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 70503

About renting in ZIP 70503

Last updated: July 20, 2026

ZIP code 70503 covers Lafayette, LA. The median rent here is $1,310/mo as of July 2026. A 1-bedroom rents for a median of $1,000/mo. A 2-bedroom rents for a median of $1,140/mo.

At 17% of local median household income ($94,688/yr), ZIP 70503 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 70503?

As of July 20, 2026, the median monthly rent in ZIP 70503 (Lafayette, LA) is $1,310. This is based on aggregated data from public sources and community submissions.

How does ZIP 70503 rent compare to the US average?

ZIP 70503's median rent of $1,310/mo is $655 (33%) below the US national median of $1,965/mo.

How does ZIP 70503 compare to other ZIPs in Louisiana?

ZIP 70503 is among the more affordable ZIP codes in Louisiana, ranking #67 out of 91 ZIPs at $1,310/mo.

How much income do you need to rent in ZIP 70503?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (~$25/hour full-time) to afford the median rent of $1,310/mo in ZIP 70503. The local median household income is $94,688/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 70503?

Rent in ZIP 70503 has increased 2.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 70503 an affordable place to rent?

ZIP 70503 is considered very affordable for renters. At $1,310/mo, rent takes approximately 17% of the local median household income ($94,688/yr). The standard benchmark is 30%. ZIP 70503 falls comfortably within that range.

What percentage of ZIP 70503 residents rent vs. own?

According to Census data, approximately 34.3% of ZIP 70503 households are renters, while 65.7% are owner-occupied. ZIP 70503 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 70503 compare to the rest of Lafayette?

ZIP 70503 is more affordable than Lafayette overall. At $1,310/mo, it's $14 below the Lafayette citywide median of $1,324/mo.

When was rent data for ZIP 70503 last updated?

Rent data for ZIP 70503 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
17%
VERY AFFORDABLE

At $1,310/mo, rent takes ~17% of ZIP 70503's median household income ($94,688/yr). The standard benchmark is 30%.

ZIP 70503 17%Benchmark 30%
State income tax1.85–4.25%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 70503 (Lafayette, LA)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.