High rents in Lafayette? It was the only Louisiana metro to see year-over-year decline

The median monthly rent for an apartment in the Lafayette area dropped nearly a half percentage point this month compared to a year ago. The Lafayette area’s median rent of $982 dropped 0.4% from a year ago and was the only state metro reporting a drop out of six surveyed in Apartment List’s Rent Reports, which monitors rental pricing data in major cities and the suburbs…

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