Why Live in Downtown Lafayette
Downtown Lafayette exudes Creole and Cajun warmth, with lively streets and a colorful community. This historic city center features bars, restaurants, theaters, and art galleries, celebrating the joie de vivre spirit. The area retains its historic character with landmarks like the Cathedral of St. John the Evangelist and the Lafayette Science Museum. Revitalization efforts have introduced new apartments, condos, and offices while preserving architectural heritage. Parc Sans Souci and Parc Putnam host the weekly Downtown Alive! concert series, and the annual Festival International de Louisiane brings global music, food, and art to the area. City Park, about 1.5 miles northeast, offers extensive recreational facilities, including sports courts, playgrounds, and an 18-hole golf course. Dining options are abundant, with local favorites like Johnson’s Boucaniere and Pop’s Poboys, as well as international cuisine. The Lafayette Science Museum and the Children’s Museum of Acadiana provide educational attractions, while the Acadiana Center for the Arts offers visual and performing arts. Myrtle Place Elementary School and Lafayette High School are highly rated, providing quality education for residents. Public transit options include the Lafayette Transit System, Amtrak, and Greyhound, with the Lafayette Regional Airport offering flights to major cities. The neighborhood is a practical choice for potential home buyers, with a mix of historic and modern housing options.
Frequently Asked Questions
Is Downtown Lafayette a good place to live?
Downtown Lafayette is a good place to live. Downtown Lafayette is considered fairly walkable and bikeable. Downtown Lafayette is a suburban neighborhood. Downtown Lafayette has 6 parks for recreational activities. It is sparse in population with 2.7 people per acre and a median age of 39. The average household income is $40,504 which is below the national average. College graduates make up 26.4% of residents. A majority of residents in Downtown Lafayette are renters, with 71.3% of residents renting and 28.7% of residents owning their home. A
local real estate agent serving Downtown Lafayette can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Lafayette neighborhood guide.
Is Downtown Lafayette, LA a safe neighborhood?
Downtown Lafayette, LA is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Downtown Lafayette?
The median home price in Downtown Lafayette is $215,500. If you put a 20% down payment of $43,100 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,110 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $48K a year to afford the median home price in Downtown Lafayette. The average household income in Downtown Lafayette is $41K.
What are the best public schools in Downtown Lafayette?
The best public schools that serve Downtown Lafayette are:
What are the best private schools in Downtown Lafayette?
The best private schools that serve Downtown Lafayette are:
What are the most popular zip codes in Downtown Lafayette, Lafayette, LA?
What are the most popular neighborhoods near Downtown Lafayette, Lafayette, LA?
Are home prices dropping in Downtown Lafayette?
Yes, home prices in Downtown Lafayette are down 29% in the last 12 months.
Home Trends in Downtown Lafayette, LA
On average, homes in Downtown Lafayette, Lafayette sell after 63 days on the market compared to the national average of 50 days. The median sale price for homes in Downtown Lafayette, Lafayette over the last 12 months is $170,000, down 26% from the median home sale price over the previous 12 months.
Median Sale Price
$170,000
Median Single Family Sale Price
$520,000
Median 2 Bedroom Sale Price
$210,000
Average Price Per Sq Ft
$242
Number of Homes for Sale
6
Last 12 months Home Sales
1
Median List Price
$215,500
Median Change From 1st List Price
-3%
Median Home Sale Price YoY Change
-26%