Lafayette County, Wisconsin Housing Market Prices
Lafayette County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 38% below the Wisconsin median Cheaper than 80% of counties in Wisconsin$106,027
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Median rent 24% below the Wisconsin median$829
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lafayette County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $106,027 | $170,479 | $248,835 |
| Price Trend (Annual %) | -1.2% | 4.2% | 7.5% |
| Median Gross Rent | $829 | $1,087 | $1,407 |
| Rent Trend (Annual %) | 3.2% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lafayette County is about 38% lower than in Wisconsin. Rent is about 24% lower than the Wisconsin average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Lafayette County: home prices fell about 1.2% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
Median rent in Lafayette County rose about 30.8% between 2015 and 2024, from $634 to $829. Over the same span, rent in Wisconsin rose about 40.2%.
Affordability
On average, housing unit costs 1.4 yearly household incomes in Lafayette County.
Buying the median-priced home in Lafayette County costs roughly 10.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Lafayette County. The price-to-rent ratio in Wisconsin is about 13.1.
| Metric | Lafayette County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $106,027 | $170,479 | $248,835 |
| Median Household Income | $76,702 | $77,698 | $80,455 |
| Price-to-Income Ratio | 1.4 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lafayette County fell about 6.8%, while median household income rose about 49.0% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lafayette County | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 74.9% | 60.5% | 58.5% |
| Rental Rate | 18.6% | 28.7% | 31.2% |
| Vacancy Rate | 6.5% | 10.8% | 10.2% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Lafayette County has a homeownership rate of 74.9%, higher than the Wisconsin average of 60.5%. Its housing vacancy rate is 6.5%, compared with 10.8% in Wisconsin.
Housing Stock
| Metric | Lafayette County | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.49 people | 2.33 people | 2.53 people |
| Median Structure Built Year | 1966 | 1974 | 1978 |
| Median Number of Rooms | 6.3 | 5.6 | 5.5 |
The typical housing unit in Lafayette County was built around 1966. On average, 2.5 people live in a home with about 6.3 rooms, staying for about 18.0 years on average.
Lafayette County, WI Housing Compared With Nearby Counties
Lafayette County, WI is the smallest of the 5 counties compared here, 16,942 residents against a local median of 33,813. The measure that sets Lafayette County, WI apart most is median home price: $106,027, 21% below the local median of $133,674.
The counties themselves spread $207,115 on median home price, so Lafayette County, WI sits at one end of an already wide local range rather than apart from it. Lafayette County, WI has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lafayette County, WI | 16,942 | $106,027 #4/5 | $829 #2/5 | 80.2% #2/5 |
| Jo Daviess County, IL | 21,851 | $263,988 | $825 | 80.4% |
| Iowa County, WI | 23,867 | $156,793 | $954 | 77.4% |
| Stephenson County, IL | 43,760 | $56,873 | $797 | 70.9% |
| Grant County, WI | 51,770 | $110,555 | $813 | 69.8% |
Frequently Asked Questions
Common questions about the housing market in Lafayette County, Wisconsin.
What is the median home price in Lafayette County, Wisconsin?
The median home price in Lafayette County, Wisconsin is $106,027, lower than the Wisconsin average of $170,479.
What is the average home price in Lafayette County, Wisconsin?
The typical home price in Lafayette County, Wisconsin, reported as the median sale price, is $106,027. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Lafayette County, Wisconsin?
The median gross rent in Lafayette County, Wisconsin is $829 per month, lower than the Wisconsin average of $1,087.
What was the median gross rent in Lafayette County in 2020?
In 2020, the median gross rent in Lafayette County, Wisconsin was $722 per month.
What is the price-to-rent ratio in Lafayette County, Wisconsin?
The price-to-rent ratio in Lafayette County, Wisconsin is about 10.7, meaning it would take roughly 10.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Lafayette County.
Are home prices or rent rising faster in Lafayette County, Wisconsin?
Home prices and rent are moving in opposite directions in Lafayette County: home prices fell about 1.2% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Lafayette County, Wisconsin?
74.9% of households in Lafayette County, Wisconsin own their home, higher than the Wisconsin average of 60.5%.
What is the vacancy rate in Lafayette County, Wisconsin?
The housing vacancy rate in Lafayette County, Wisconsin is 6.5%, lower than the Wisconsin average of 10.8%.
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