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Lafitte

Learn about the people, housing, costs and businesses in Lafitte, Louisiana

Median Home$205,300
Median Rent$1,281/month
Population862
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality3% education
Home Value Growth⬆⬆⬆+36.3% over 2 years
Young Adults33% of residentswell above average
Homeowners87% of occupied units
Lafitte
LA

Frequently Asked Questions

What are today's mortgage rates in Lafitte?

As of today, the 30-year fixed mortgage rate for Lafitte is approximately 6.821% (6.854% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lafitte?

The median home value in Lafitte is $205k. The median monthly rent is $1,281. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lafitte?

Home values in Lafitte have increased 36.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lafitte?

Based on a typical all-in ownership cost of $911/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lafitte is $64k/year.

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What industries drive the economy in Lafitte?

The largest employment sectors in Lafitte are public administration (23%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.