CostBy County

Cost of Living in Lafayette County, Wisconsin

$830/mo
Median Monthly Rent
$194,500
Median Home Value

At a Glance

Median Monthly Rent
$830/mo
9% below state average
Median Home Value
$194,500
42% below national
Census GRAPI
25.0%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Lafayette County Compares

Median monthly rent comparison

Lafayette County$830/mo
Wisconsin Average$916/mo
National Median$1,413/mo

Detailed Housing Stats

$830/mo
Median Gross Rent
$194,500
Median Home Value
$1,101/mo
Monthly Owner Cost
25.0%
Census GRAPI

National Ranking

Affordability Rank

Lafayette County ranks #1,870 of 3,142 counties for affordability (bottom 40%)

Most AffordableLeast Affordable

Sourced county brief

Lafayette County Median Gross Rent Percentage Reaches 25.0 Percent

In Lafayette County, the official Gross Rent as a Percentage of Household Income (GRAPI) is 25.0%. This figure is 0.3 percentage points below the Wisconsin unweighted county mean official GRAPI of 25.3%. The median gross rent in the county was estimated at $830 per month, which is lower than the state unweighted county mean of $916. For homeowners, the median selected monthly owner cost for all owner-occupied units is $1,101, which is $29 above the state unweighted county mean of $1,072. The median home value is $194,500, while the state unweighted county mean is $234,086. Renter households in the county have a median income of $45,833. All rental affordability figures presented here are based on official ACS B25071 data rather than derived estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Lafayette County

Affordability Verdict

ACS B25071 estimates median gross rent at 25.0% of renter household income in Lafayette County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $830 per month; median selected monthly owner costs are $1,101. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $33,200 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Wisconsin unweighted mean of county median rents is $916 per month. Lafayette County's $830 median is 9.3% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Lafayette County

$

Rent Burden

13.0%

of gross income

Max Housing (28% Rule)

$1,784

per month

Owner Cost Burden

17.3%

of gross income

You can likely afford the median home in Lafayette County

Median home value is $194,500. Estimated monthly cost: $1,553 vs. your max of $1,784.

Rent Affordability Guide

Your entered rent as a share of entered income13.0%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,462Needed: $33,200
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,462Needed: $47,186
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,462Needed: $45,265

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Lafayette County, Wisconsin?
Lafayette County, Wisconsin has a median monthly rent of $830/mo and a median home value of $194,500. The affordability rating is Affordable, with median gross rent equal to approximately 25.0% of renter household income.
What is the median rent in Lafayette County?
The median gross rent in Lafayette County is $830/mo. This is 9% below state average for Wisconsin.
Is Lafayette County affordable?
Lafayette County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 25.0%. Median gross rent is under 30% of renter household income.
How does Lafayette County's rent compare to the state average?
Lafayette County's median rent of $830/mo is 9% below state average of $916/mo for Wisconsin.
What is the median home value in Lafayette County?
The median home value in Lafayette County, Wisconsin is $194,500. This is 42% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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