ZIP 70503 · Lafayette, Louisiana

Population

28,643 people call ZIP 70503 home.

28,643

people.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Rent

Median rent is up 39% since the 2010–2014 survey, before inflation.

$1,150

a month. Louisiana's median is $1,064.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

Room to build

The median rent sits inside what local wages can carry.

$900–$1,350

is the monthly rent range local workforce wages support.

• $1,150 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 78% of all homes were built before 2000

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Units needed

Closing the gap would add 0.3–1.8% to the 13,222 homes here.

41–237

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 58% more than Louisiana's.

$341,300

median home value in ZIP 70503.

• $341,300 ZIP 70503
• $216,500 Louisiana
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year