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Apartments For Rent in Lafayette, IN

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Apartments for Rent in Lafayette, IN

Lafayette, Indiana is a town with just over 71,000 residents. Young professionals should fit right in, as they make up an above-average percentage of the community. Overall, the city's residents, at an average age of just over 36, skew younger than most cities in Indiana. Residents are fairly evenly split between renting (52%) and owning (48%) their home. The average rent of $813 a month is roughly the same as the state average.

Averaging about 18 minutes, Lafayette's commute time outperforms the Indiana average of about 24 minutes. Many residents (45%) commute to work by car, while public transit is not used much. Few residents commute to work on foot.

If you're looking for a variety of career options, Lafayette has plenty. The five most common industries are manufacturing, healthcare, retail, education, and entertainment. Together, these industries make up 38% of the city's workforce. Meanwhile, in terms of job function, 8% of the city's population works in transportation, which ranks as the top field in the city. With an average annual income of just under $53,000, Lafayette workers take home less than the average Indiana resident. Lafayette's average income also falls below the national average ($73,345). Among Lafayette residents over the age of 25, 10% have a Bachelor's degree and 5% have earned a Master's degree or Doctorate.