Apartments & Homes for Rent in Lafayette, CO

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What to Know About

Life in Lafayette & Beyond

Lafayette shares many of the great qualities that make Colorado a desirable place to live.

Colorado boasts towering mountain peaks, expansive mesas, and tranquil hot springs making Colorado a beautiful backdrop for any visitor. Immerse yourself in the state's rich history and culture by visiting iconic landmarks like the Colorado History Museum and the Red Rocks Amphitheater. And for those seeking academic excellence, you have some of the most respected universities in the country, such as the University of Colorado Boulder, Colorado State University, and the University of Denver, making it an excellent place for education and research.

Sports fans rejoice as Colorado is home to professional teams, the Denver Broncos (NFL), the Colorado Avalanche (NHL), to Colorado Rockies (MLB), and Denver Nuggets (NBA). There is a team for everyone. For outdoor enthusiasts, the state offers a range of experiences, from world-class skiing and snowboarding to adrenaline-pumping mountain biking to peaceful fishing in high-altitude lakes. In addition, discover popular attractions like the Royal Gorge Bridge and Park, the Garden of the Gods, and the historic town of Telluride.

Embrace the Rocky Mountain State and discover why Colorado's breathtaking natural beauty, bustling cities, and endless excitement possibilities make it the perfect place to call home.

Rental Market Trends

Lafayette, CO

As of April 2025, Lafayette's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lafayette's average rent is 7.2% ($140) higher than the Colorado average of $1,938 and 15.5% ($279) higher than the U.S. average of $1,799.

Average Rent
$2,078
Monthly ChangeMonth Over Month Change
Decreased2% ($42)
Yearly ChangeYear Over Year Change
Decreased10.4% ($241)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,742 Decreased1.3% ($23) Decreased0.6% ($11)
2 Beds $2,088 Decreased0.5% ($11) Decreased1.5% ($31)
3 Beds $2,993 Decreased1% ($31) Increased7.2% ($202)
Nearby Cities Average Rent Avg. Rent vs. LafayetteAverage Rent vs. Lafayette Avg. Days on MarketAverage Days on Market
Erie $2,925 Increased40.8% ($847) 36 days
Louisville $1,899 Decreased8.6% ($179) 34 days
Broomfield $2,166 Increased4.2% ($88) 36 days
Boulder $2,091 Increased0.6% ($13) 38 days
Longmont $1,715 Decreased17.5% ($363) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lafayette Rental Market FAQs

Explore rental prices, market trends, and availability in Lafayette, CO.

The average rent in Lafayette, CO is $2,078 per month.
Homes in Lafayette typically rent for between $1,219 and $3,891 per month, with an average of $2,078 per month.
In Lafayette, the average rent for a 1-bedroom home is $1,742 per month, for a 2-bedroom home, $2,088 per month, and a 3-bedroom home is $2,993 per month.
The average rent in Lafayette is 15.5% ($279) higher than the national average of $1,799 per month.
The average rent in Lafayette has decreased by 2.0% ($42) in the last month and decreased by 10.4% ($241) over the past year.
The rental market in Lafayette, CO, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lafayette, CO, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 21 rental properties available in Lafayette, CO.
Based on the current averages, a household would need an annual income of $83,520 to comfortably afford a 2-bedroom home in Lafayette.
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