ZIP Code 70507 — Lafayette, LA Home Prices (2026)

The typical home in ZIP 70507 (Lafayette, Louisiana) is worth about $215,000 at roughly $143 per square foot — about the same as the Lafayette median and 27% more affordable than the typical U.S. home.

$215,000

Typical home value

$143

Price per sq ft

#3 of 5

Lafayette ZIPs by value

+0%

vs Lafayette median

How 70507 compares

ZIP 70507 is a mid-priced ZIP code for Lafayette: its typical home value of $215,000 ranks #3 of the 5 Lafayette ZIP codes we track (the citywide range runs from $106,000 in 70501 to $296,000 in 70508). Per square foot it costs about $143, against $143 for Lafayette as a whole, $136 for Louisiana, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 70507	$215,000	$143
Lafayette, LA	$215,000	$143
Louisiana	$194,000	$136
United States	$294,000	$195

Home value by size in 70507

Using this ZIP’s rate of about $143 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$143,000
1,500 sq ft	$214,500
2,000 sq ft	$286,000
2,500 sq ft	$357,500
3,000 sq ft	$429,000

Salary needed to buy a home in ZIP 70507

To buy the typical $215,000 home in ZIP 70507 with 20% down, you need a household income of roughly $58,000 a year (about $1,360 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $70,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$10,800	$1,700/mo	$73,000/yr
10% (+PMI)	$21,500	$1,620/mo	$70,000/yr
20%	$43,000	$1,360/mo	$58,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 70507

At about $143 per square foot, here is roughly how much home different budgets get you in ZIP 70507:

Budget	Approx. size	What that looks like locally
$150k	1050 sq ft	below the local median — condos, smaller or older homes
$200k	1400 sq ft	around the typical home here
$250k	1750 sq ft	around the typical home here
$300k	2100 sq ft	above the median — larger homes or the pricier ZIPs
$400k	2800 sq ft	above the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 70507 home.

Estimate a specific home in 70507

The estimator below is pre-set to ZIP 70507 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Lafayette ZIP codes by home value

Where 70507 sits among Lafayette’s 5 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	70508	$296,000	$190
2	70503	$286,000	$153
3	70507 (this page)	$215,000	$143
4	70506	$211,000	$136
5	70501	$106,000	$103

ZIP 70507 home prices: frequently asked

What is the average home price in ZIP code 70507? +

The typical home in ZIP 70507 (Lafayette, LA) is worth about $215,000 as of 2026. That is about the same as the Lafayette median of $215,000 and 27% more affordable than the U.S. median of $294,000.

What is the price per square foot in 70507? +

About $143 per square foot in 70507, versus $143 across Lafayette and $136 across Louisiana. At that rate a 1,500 sq ft home runs roughly $214,500 and a 2,500 sq ft home about $357,500.

What salary do you need to buy a house in ZIP 70507? +

For the typical $215,000 home in ZIP 70507, a household income of about $58,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $70,000; with 5% down about $73,000.

Is 70507 an expensive ZIP code? +

Within Lafayette, 70507 ranks #3 of 5 ZIP codes by typical home value, which makes it a mid-priced ZIP code for Lafayette. Nationally it is relatively affordable.

See the full Lafayette home values page, all Louisiana cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.