Lafayette, IN Townhome for Sale

Lafayette's cultural scene centers around Purdue University, where the Elliott Hall of Music hosts performances in one of the world's largest proscenium theaters. Nature enthusiasts will find diverse outdoor activities at Columbian Park Zoo, Prophetstown State Park, and along the 13-mile Wabash Heritage Trail. The dining landscape features upscale options like 8Eleven Modern Bistro in the Union Club Hotel and Bistro 501 in the historic downtown, alongside casual favorites such as Nine Irish Brothers and Triple XXX Family Restaurant.

The Lafayette housing market presents varied options across distinct neighborhoods. The median price for single family homes ranges from $183,300 in Historic Jefferson to $394,000 in Highland Park. Townhomes have a median price of $232,000, while one bedroom condos start at a median of $167,500. Two bedroom condos command a median price of $225,000.

Lafayette maintains a cost of living 5.4% below the national average. A family with school-age children needs approximately $100,000 annually to live comfortably, while renters require about $52,000. Property taxes stand at 0.62%, lower than Indianapolis at 0.93%. The state income tax rate is 3.00%, with an additional local rate of 1.28%.

The education system includes West Lafayette Junior/Senior High School, rated A+ by Niche, and William Henry Harrison High School, rated A. Private options include St. James Lutheran Elementary School and Central Catholic Jr. Sr. High School, both A-rated institutions. CityBus provides public transportation throughout Lafayette and West Lafayette, connecting residents to major employers like Purdue University, Subaru of Indiana Automotive, and Caterpillar Inc.