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Downtown Lafayette Homes for Sale

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  • /25

    $214,900

    • 3 Beds
    • 1 Bath
    • 2,122 Sq Ft

    108 W 7th St, Lafayette, LA 70501

    Discover a home in an exceptional location, just steps away from downtown Lafayette. Enjoy convenient access to local festivals, restaurants, and community events. This property is zoned for short-term rental use, offering potential as an approved Airbnb. The home features energy-efficient solar panels that are fully paid for, along with the roof was treated with Roof Max in 2024, extending its

    Drake Abshire Epique Realty

    108 W 7th St, Lafayette, LA 70501
  • /34

    $825,000

    • 5 Beds
    • 3 Baths
    • 3,189 Sq Ft

    1011 Lee Ave, Lafayette, LA 70501

    **Opportunity Zone & New Roof!** Originally built in 1880, this iconic property offers tremendous opportunity as a true commercial and/or residential live work experience. All structures are very well maintained and updated with character and ambiance that only a historical site canoffer. Ideal for Spa and wellness center, medical, Office, bed & breakfast, personal residence, bistro, downtown

    Setareh Mirian Compass

    1011 Lee Ave, Lafayette, LA 70501
  • /50

    $1,150,000

    • 3 Beds
    • 2 Baths
    • 3,189 Sq Ft

    1011,1015 Lee Ave Unit A,B,C, Lafayette, LA 70501

    **RARE PROPERTY! Opportunity Zone & New Roof!** 3 homes on 1 property! Originally built in 1880, this iconic property offers tremendous opportunity as a true commercial and/or residential live work experience. All 3 structures are very well maintained and updated separate structures with character and ambiance that only a historical site can offer. Ideal for Spa and wellness center, medical,

    Setareh Mirian Compass

    1011,1015 Lee Ave Unit A,B,C, Lafayette, LA 70501
  • /20

    $375,000

    • 2 Beds
    • 1 Bath
    • 1,455 Sq Ft

    1015 Lee Ave, Lafayette, LA 70501

    This is what everyone has been searching for, a gorgeous 2b/1b detached home full of upgrades and loaded with character within the Downtown Central Business District & Opportunity Zone. This property is in pristine condition and can remain a private residence or converted into a business. There's limited inventory of properties available for purchase Downtown and this one is a gem!

    Setareh Mirian Compass

    1015 Lee Ave, Lafayette, LA 70501

Why Live in Downtown Lafayette

Downtown Lafayette exudes Creole and Cajun warmth, with lively streets and a colorful community. This historic city center features bars, restaurants, theaters, and art galleries, celebrating the joie de vivre spirit. The area retains its historic character with landmarks like the Cathedral of St. John the Evangelist and the Lafayette Science Museum. Revitalization efforts have introduced new apartments, condos, and offices while preserving architectural heritage. Parc Sans Souci and Parc Putnam host the weekly Downtown Alive! concert series, and the annual Festival International de Louisiane brings global music, food, and art to the area. City Park, about 1.5 miles northeast, offers extensive recreational facilities, including sports courts, playgrounds, and an 18-hole golf course. Dining options are abundant, with local favorites like Johnson’s Boucaniere and Pop’s Poboys, as well as international cuisine. The Lafayette Science Museum and the Children’s Museum of Acadiana provide educational attractions, while the Acadiana Center for the Arts offers visual and performing arts. Myrtle Place Elementary School and Lafayette High School are highly rated, providing quality education for residents. Public transit options include the Lafayette Transit System, Amtrak, and Greyhound, with the Lafayette Regional Airport offering flights to major cities. The neighborhood is a practical choice for potential home buyers, with a mix of historic and modern housing options.

Frequently Asked Questions

Is Downtown Lafayette a good place to live?
Downtown Lafayette is a good place to live. Downtown Lafayette is considered very walkable and bikeable. Downtown Lafayette is a suburban neighborhood. Downtown Lafayette has 6 parks for recreational activities. It is sparse in population with 2.7 people per acre and a median age of 39. The average household income is $40,504 which is below the national average. College graduates make up 26.4% of residents. A majority of residents in Downtown Lafayette are renters, with 71.3% of residents renting and 28.7% of residents owning their home. A local real estate agent serving Downtown Lafayette can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Lafayette neighborhood guide.
Is Downtown Lafayette, LA a safe neighborhood?
Downtown Lafayette, LA is less safe than the average neighborhood in the United States. It received a crime score of 9 out of 10.
How much do you need to make to afford a house in Downtown Lafayette?
The median home price in Downtown Lafayette is $300,000. If you put a 20% down payment of $60,000 and had a 30-year fixed mortgage with an interest rate of 6.24%, your estimated principal and interest payment would be $1,480 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $63K a year to afford the median home price in Downtown Lafayette. The average household income in Downtown Lafayette is $41K.
What are the best public schools in Downtown Lafayette?
The best public schools that serve Downtown Lafayette are:
What are the best private schools in Downtown Lafayette?
The best private schools that serve Downtown Lafayette are:
What are the most popular zip codes in Downtown Lafayette, Lafayette, LA?
The most popular zip codes in Downtown Lafayette, Lafayette, LA include 70501, 70506, 70507, 70503 and 70508.
What are the most popular neighborhoods near Downtown Lafayette, Lafayette, LA?
The most popular neighborhoods near Downtown Lafayette, Lafayette, LA are Freetown-Port Rico, West End, Heymann Park, Mills and Saints Streets.
Are home prices dropping in Downtown Lafayette?
Yes, home prices in Downtown Lafayette are down 26% in the last 12 months.

Home Trends in Downtown Lafayette, LA

Housing Trends

Median Sale Price
$183,500
Median Single Family Sale Price
$519,950
Median 1 Bedroom Sale Price
$170,000
Average Price Per Sq Ft
$244
Number of Homes for Sale
4
Last 12 months Home Sales
2
Months of Supply
24.00
Median List Price
$300,000
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
-26%
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