Cost of Living in Lafayette, Colorado (2025 Real Estate Market Overview)

by Eric Farran

Lafayette, Colorado, nestled in Boulder County, continues to attract attention in 2025 for its blend of small-town charm and proximity to urban amenities. Recognized as one of the most livable cities in Colorado, Lafayette offers a compelling mix of affordability, community, and quality of life.

Housing Market Snapshot (2025)

The real estate landscape in Lafayette has seen notable shifts:

Median Home Value: Approximately $705,405, reflecting a slight decrease of 0.1% over the past year
Median Listing Price: Around $640,000, with a median price per square foot of $356
Median Sold Price: Approximately $703,133, marking a 2.3% decline from the previous year
Market Dynamics: Homes are selling for about 2% below list price, with an average of 38 days on the market

These figures indicate a balanced market, offering opportunities for both buyers and sellers.

Rental Market Trends

For those considering renting in Lafayette:

Average Rent: Approximately $2,156, slightly above the national average
Rental Distribution: Over 52% of rentals are priced above $2,000, with two-bedroom units comprising the largest share at 41%
Renter Demographics: Renters account for about 32% of Lafayette's housing market, with a median household income of $72,130

Cost of Living Overview

Lafayette's cost of living reflects its desirability and family-friendly lifestyle:

Median Household Income: $105,819
Average Monthly Expenditures: $1,946, with an average mortgage cost of $4,434
Total Monthly Living Cost: Approximately $6,380

These figures underscore Lafayette's status as a city that balances affordability with a high quality of life.

Neighborhood Highlights

Lafayette boasts diverse neighborhoods catering to a variety of homebuyer preferences:

Old Town: Known for its historic charm and walkable streets, with median listing prices around $689,500
Indian Peaks: Offers a mix of housing options and proximity to parks, trails, and golf

Final Thoughts

In 2025, Lafayette, Colorado stands out as a community offering a balanced real estate market, a vibrant rental scene, and a cost of living that aligns with its quality of life. Whether you're looking to buy a home, rent, or invest in real estate, Lafayette presents opportunities worth exploring.

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