Lafayette, LA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Lafayette short-term rental market based on reliable data.

Listings

485 / 1025

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$22,891

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$219,057

Median Home Sale Price

Top Earners

$42,149

Top-Earners Revenue

Lafayette

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lafayette.

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C

Challenging to Investors

Lafayette Regulations

STRs are effectively excluded from 75% of the city (RS zones), with viable locations limited to mixed‑use/commercial districts; the $100 license is inexpensive and processable, but strict occupancy rules (4 rooms max, entire‑structure rental), mandatory agent requirements, and active yet unclear enforcement create material compliance risk and constrain investor viability.

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About Lafayette

Lafayette, Louisiana, is a vibrant city known for its rich Cajun and Creole culture, situated in the heart of the state. As of the latest estimates, Lafayette has a population of approximately 126,000 residents. It sits about 135 miles west of New Orleans, the closest major city, making it accessible yet distinctively unique.

Lafayette's cultural appeal is significant, with numerous festivals, music, and gastronomy. The city is celebrated for its annual Festival International de Louisiane, which brings together music and arts from across the globe, accessible through Festival International de Louisiane.

One of Lafayette's major attractions is Vermilionville Historic Village, an expansive living history museum that offers a glimpse into the area's Acadian, Native American, and Creole heritage. More information can be found at Vermilionville.

Lafayette is also a hub for culinary enthusiasts, particularly those interested in authentic Cajun and Creole cuisine. The city offers a variety of renowned eateries, such as Prejean’s Restaurant, listed at Prejean's.

For nature lovers, the nearby Atchafalaya Basin, one of the largest wetlands in the United States, provides ample opportunities for outdoor activities such as fishing, boating, and bird watching. Additional details can be found at Atchafalaya Basin.

The appeal of Lafayette for short-term rentals is grounded in its rich cultural scene, gastronomic delights, historic attractions, and proximity to natural beauty, all of which offer unique and memorable experiences for visitors.

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