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ZIP Code · LA

ZIP 70520

Part of Carencro, LA
Pop. 20,390·Lafayette Parish·73rd most expensive ZIP in Louisiana
Median rent (all units)
$1,245/mo
Year-over-Year
Stable
Month-over-Month
+31.1%
vs US Median
-$720
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 70520 · $1,245
More affordable than 89% 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: May 18, 2026

Annual cost
$14,940/yr
At $1,245/mo median
Location
StateLA
CountyLafayette Parish
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +31.1% MoM), not inventory.
Demographics

Who lives here

ZIP 70520 (Carencro, LA) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 21% of residents hold a bachelor's degree or higher.

Population
20,390
Median income
$62,575
Median age
38.9
Renters
20.5%
Age distribution
27.7%
18.6%
24.9%
13.2%
15.6%
Under 1827.7%
18–3418.6%
35–5424.9%
55–6413.2%
65+15.6%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
56%
32.7%
White56%
Black32.7%
Hispanic3.3%
Asian2.6%
Other5.5%
Education (25+)
13.6%
40.7%
24.8%
21%
No HS diploma13.6%
HS diploma40.7%
Some college24.8%
Bachelor's+21%
Housing tenure
79.5%
20.5%
Owner79.5%
Renter20.5%

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

2021 vs 2026

How ZIP 70520 in Carencro, LA has changed in 5 years

Income
$57,024 → $62,575
up 9.7%
Population
20,352 → 20,390
up 0.2%
Renter share
18% → 20.5%
+2.5 pts
Bachelor's+
23.2% → 21%
-2.2 pts
Median age
36.2 → 38.9
+2.7 yrs

Household income in the area moved from $57,024 to $62,575 across the same window, up 9.7% versus 2021. Renters now make up 20.5% of households, compared with 18% five years ago. College-educated residents now make up 21% of adults here, versus 23.2% in 2021.

Community

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Local insights

Tips for renters in ZIP 70520

About renting in ZIP 70520

Last updated: May 18, 2026

ZIP code 70520 covers Carencro, LA. The median rent here is $1,245/mo as of May 2026. A 1-bedroom rents for a median of $840/mo. A 2-bedroom rents for a median of $950/mo.

At 24% of local median household income ($62,575/yr), ZIP 70520 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 70520?

As of May 18, 2026, the median monthly rent in ZIP 70520 (Carencro, LA) is $1,245. This is based on aggregated data from public sources and community submissions.

How does ZIP 70520 rent compare to the US average?

ZIP 70520's median rent of $1,245/mo is $720 (37%) below the US national median of $1,965/mo.

How does ZIP 70520 compare to other ZIPs in Louisiana?

ZIP 70520 is among the more affordable ZIP codes in Louisiana, ranking #73 out of 90 ZIPs at $1,245/mo.

How much income do you need to rent in ZIP 70520?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (~$24/hour full-time) to afford the median rent of $1,245/mo in ZIP 70520. The local median household income is $62,575/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 70520?

Rent in ZIP 70520 has been relatively stable over the past year, with a 0.0% change year over year as of May 18, 2026.

Is ZIP 70520 an affordable place to rent?

ZIP 70520 is considered very affordable for renters. At $1,245/mo, rent takes approximately 24% of the local median household income ($62,575/yr). The standard benchmark is 30%. ZIP 70520 falls comfortably within that range.

What percentage of ZIP 70520 residents rent vs. own?

According to Census data, approximately 20.5% of ZIP 70520 households are renters, while 79.5% are owner-occupied. ZIP 70520 leans toward homeownership, which can mean a smaller rental inventory.

When was rent data for ZIP 70520 last updated?

Rent data for ZIP 70520 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,245/mo, rent takes ~24% of ZIP 70520's median household income ($62,575/yr). The standard benchmark is 30%.

ZIP 70520 24%Benchmark 30%
State income tax1.85–4.25%
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Schools nearby

Public schools near ZIP 70520 (Carencro, LA)

Recent submissions

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