ZIP 70503
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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
December. Asking rents in ZIP 70503 usually run 1.5% below trend in December and 1.3% above it in August, about $37 a month apart at today's median. Based on 6 years of data.
Rent in ZIP 70503 is 1.4% below its high of $1,332 in July 2025, at $1,314 as of September 2026.
Rent in ZIP 70503 changed -0.8% over the year to September 2026. Across the 75 Louisiana ZIP codes Zillow tracks, the typical change was +3.0%.
Rent in ZIP 70503 is 28.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 5 of the last 12 months.
30% of the median household income ($94,688) is $2,367 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,800).
3rd cheapest of 5 ZIP codes in Lafayette.
ZIP 70501, 6 miles away, rents for 18% less ($1,078/mo), about $2,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 70503. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 70503 in Lafayette, LA has changed in 5 years
Across the past five years, the going rent in ZIP 70503 in Lafayette, LA has shifted from $1,095 to $1,314, up 20.0% 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.
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Tips for renters in ZIP 70503
Last updated: October 17, 2026
ZIP code 70503 covers Lafayette, LA. The median rent here is $1,314/mo as of October 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 decreased 0.8% over the past year.
Frequently asked questions
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How does ZIP 70503 compare to other ZIPs in Louisiana?
How does ZIP 70503 compare to the rest of Lafayette?
At $1,314/mo, rent takes ~17% of ZIP 70503's median household income ($94,688/yr). The standard benchmark is 30%.
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