HousingHandbookReference data

U.S. ZIP Code · LA70503

Lafayette Parish · Lafayette, LA

Typical home value

$282,823[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.5%
5-year / yr
+2.0%
10-year / yr
+1.2%

Relative price

vs U.S.
≈ U.S. median
vs metro
+61.4%
vs state
+55.6%
ZIP 70503 location in LA
Location of ZIP 70503 in LA

Price history

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

The typical home in 70503 is worth $282,823 — 61.4% above the Lafayette, LA median. Over the past year, values have risen 2.5%. Homes here rent for a typical $1,283 a month — a 5.4% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent
$1,283[2]
Gross yield
5.4%[2]
Cap rate
3.3%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$1,948[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
28,643[3]
Median household income
$94,688[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
4
Elementary
2
Middle
2
High
0
  • L.J. Alleman Middle School

    Middle · Grades 6–8 · Lafayette Parish

    903 students

  • Woodvale Elementary School

    Elementary · Grades PK–5 · Lafayette Parish

    845 students

  • Broadmoor Elementary School

    Elementary · Grades PK–5 · Lafayette Parish

    773 students

  • Edgar Martin Middle School

    Middle · Grades 6–8 · Lafayette Parish

    513 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 yield5.4%
Net yield (after ~40% expenses)3.3%
Annual rent$15,399

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$1,430
Loan principal$226,258
Down payment$56,565
Total interest paid$288,580

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 ratio1.42
Monthly cost to own$1,828
Monthly rent$1,283

Renting 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
77th percentile[1]
Rental yield
0th percentile[2]
Property tax
100th percentile[3]

Frequently asked

How much is a home worth in ZIP code 70503?
The typical home in 70503 is worth $282,823, based on the Zillow Home Value Index.
Are home values rising in 70503?
Home values in 70503 are up 2.5% over the past year, and up 2.0% a year over five years.
What is the typical rent in 70503?
A typical home in 70503 rents for about $1,283 a month, a gross rental yield of 5.4%.
What is the property tax rate in 70503?
The effective property tax rate in 70503 is 0.7% — roughly $1,948 a year on a typical home.
Who lives in 70503?
ZIP code 70503 has a population of 28,643 and a median household income of $94,688.

#Comparable ZIPs

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

  • Broussard, LA

    Typical home
    $284,001
    Gross yield
    6.6%
  • Youngsville, LA

    Typical home
    $280,246
    Gross yield
    8.1%
  • Lafayette, LA

    Typical home
    $292,543
    Gross yield
    5.6%
  • Maurice, LA

    Typical home
    $251,122
    Gross yield
  • Duson, LA

    Typical home
    $221,387
    Gross yield
  • Scott, LA

    Typical home
    $215,474
    Gross yield

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