HousingHandbookReference data

U.S. ZIP Code · LA70501

Lafayette Parish · Lafayette, LA

Typical home value

$110,750[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-7.0%
5-year / yr
-4.6%
10-year / yr
-3.0%

Relative price

vs U.S.
-61.0%
vs metro
-36.8%
vs state
-39.1%
ZIP 70501 location in LA
Location of ZIP 70501 in LA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 70501 is worth $110,750 — 36.8% below the Lafayette, LA median. Over the past year, values have fallen 7.0%. Homes here rent for a typical $970 a month — a 10.5% gross rental yield. The effective property tax rate is 0.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$970[2]
Gross yield
10.5%[2]
Cap rate
6.3%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.3%[3]
Typical annual tax
$381[3]

#Climate risk

FEMA National Risk Index ratings for Lafayette Parish. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively Moderate
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Very High
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
26,465[3]
Median household income
$33,365[3]

#Migration

Household moves in and out of Lafayette Parish over a year, from IRS tax-return data.

Net migration
+223[5]
Moved in
6,346
Moved out
6,123

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
9
Elementary
4
Middle
1
High
4
  • David Thibodaux STEM Magnet Academy

    High · Grades 6–12 · Lafayette Parish

    1,366 students

  • Northside High School

    High · Grades 9–12 · Lafayette Parish

    727 students

  • Paul Breaux Middle School

    Middle · Grades 5–8 · Lafayette Parish

    633 students

  • Willow Charter Academy

    Elementary · Grades K–8 · Willow Charter Academy

    613 students

  • J.W. Faulk Elementary School

    Elementary · Grades PK–5 · Lafayette Parish

    430 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield10.5%
Net yield (after ~40% expenses)6.3%
Annual rent$11,644

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$560
Loan principal$88,600
Down payment$22,150
Total interest paid$113,005

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.70
Monthly cost to own$684
Monthly rent$970

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
0th percentile[1]
Rental yield
100th percentile[2]
Property tax
32nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 70501?
The typical home in 70501 is worth $110,750, based on the Zillow Home Value Index.
Are home values rising in 70501?
Home values in 70501 are down 7.0% over the past year, and down 4.6% a year over five years.
What is the typical rent in 70501?
A typical home in 70501 rents for about $970 a month, a gross rental yield of 10.5%.
What is the property tax rate in 70501?
The effective property tax rate in 70501 is 0.3% — roughly $381 a year on a typical home.
Who lives in 70501?
ZIP code 70501 has a population of 26,465 and a median household income of $33,365.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Basile, LA

    Typical home
    $112,507
    Gross yield
  • Eunice, LA

    Typical home
    $115,201
    Gross yield
  • Gueydan, LA

    Typical home
    $118,579
    Gross yield
  • Crowley, LA

    Typical home
    $119,903
    Gross yield
  • Abbeville, LA

    Typical home
    $133,374
    Gross yield
  • Kaplan, LA

    Typical home
    $133,898
    Gross yield

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