Cheap Apartments for Rent in Lafayette, IN from $400 (91 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lafayette.

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1626 Main St
1 Bedroom Apartments

1626 Main St

1626 Main StLafayette, IN 47904
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Monon Place
Studio Apartments

Monon Place

510 Salem StLafayette, IN 47904
Student Housing
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Southpoint
1 to 2 Bedroom Apartments

Southpoint

2450 S Earl AveLafayette, IN 47905
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CNC Leasing Group
2 Bedroom Apartments

CNC Leasing Group

1500-1506 Perdue StLafayette, IN 47905
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The Bluffs
Studio to 1 Bedroom Apartments

The Bluffs

305 MontefioreLafayette, IN 47905
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Uptown West
Studio to 2 Bedroom Apartments

Uptown West

705-707 N 5th StLafayette, IN 47901
Student Housing
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Armory Loft
Studio Apartments

Armory Loft

802 N 9th StLafayette, IN 47904
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1218 Columbia St
1 to 2 Bedroom Apartments

1218 Columbia St

1218 Columbia StLafayette, IN 47901
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Northfield Commons
1 to 2 Bedroom Apartments

Northfield Commons

2100-2220 Banstead CtLafayette, IN 47904
Showing Results 1-50, Page 1 of 2

Lafayette, IN Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lafayette, IN

Pricing Updated: 02/18/2025

Current apartment rentals in the Lafayette, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lafayette Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Lafayette$1,781$5956365

Cheapest Available Lafayette Apartments for Rent

 

The cheapest available apartment rental in Lafayette, IN is a Studio unit found at CNC Leasing Group Various Lafayette Locations in the Downtown Lafayette neighborhood priced from $595. Stonecrest Apartments in the Downtown Lafayette neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Lafayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CNC Leasing Group Various Lafayette LocationsStudioStudio,1BA$595
Stonecrest ApartmentsStudioStudio,1BA$625
CNC Leasing Group1BD 1BTH1BR,1BA$650
CNC Leasing Group1BD 1BTH1BR,1BA$695
Historic Downtown Apartments II2x12BR,1BA$800
Pheasant RunThe Pheasant 1 BR 1 BA1BR,1BA$838
Bay Pointe ApartmentsThe Cape 1 BR 1 BA1BR,1BA$854

Best Value Apartments for Rent in Lafayette, IN

As of February 18, 2025 the best value apartment in the Lafayette area is the $0.85 price per square foot 2 Bedroom Townhouse Model at Winfield Farms - Garages Available in the starting from $1,400. The second greatest value Lafayette apartment is the 4x3 D Model at Hub on Campus West Lafayette starting at $1,395 with a $1.13 price per square foot in the Downtown Lafayette neighborhood. Here is today’s list of the best values for Lafayette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Winfield Farms - Garages Available2 Bedroom Townhouse2BR,2.5BA$0.85
Hub on Campus West Lafayette4x3 D4BR,3BA$1.13
The Ravine Apartment Homes2 BR UPGRA2BR,1.5BA$1.23
Crosswalk Commons4 Bedroom 2 Bath4BR,2BA$0.69
Copper Gate ApartmentsTwo Bedroom - B2BR,1BA$1.04
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1.18
Georgetown South1 Bedroom1BR,1BA$1.19
729 S 30th St, Unit 1729 S 30th St2BR,1BA$1.28
CNC Leasing Group1BD 1BTH1BR,1BA$0.99
Historic Downtown Apartments II2x12BR,1BA$1.28

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Lafayette Overview

One of the top towns for individuals and families alike is Lafayette, IN. This is a town that is known for its pleasant weather, welcoming feel, and delicious food. Those who are looking for Lafayette apartments should know that affordable housing is available in this welcoming city. Anyone who is looking for apartments in Lafayette, IN must know where to live. This city sits in between Indianapolis and Chicago, providing easy access to both. The town of Lafayette, IN is also home to a strong educational system that attracts people from all over the country.

Why live in Lafayette, IN?

There are a few major reasons why people choose to live in Lafayette, IN. First, the weather is relatively stable throughout the year, never getting too hot or too cold. Second, this is an area of the country that is growing quickly, providing strong employment opportunities. Finally, the people in this town are friendly and welcoming to everyone who wants to call Lafayette, IN home.

Best Local Schools in
Lafayette, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lafayette, IN Rentals by Map

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See the most popular apartments and homes in Lafayette, IN

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Getting Around Lafayette, IN

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lafayette Apartments

What is the Cheapest Studio apartment in Lafayette?

Currently the most affordable Cheap Studio Apartment in Lafayette is at CNC Leasing Group Various Lafayette Locations listed at $595.

How much is rent for a Cheap One Bedroom Lafayette Apartment?

The lowest price for a Cheap One Bedroom Lafayette Apartment is $650 at CNC Leasing Group.

What is the lowest price for a Cheap Two Bedroom Lafayette Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lafayette is starting from $800 at Historic Downtown Apartments II.

What is the most affordable Lafayette Three Bedroom Apartment?

The best deal on a cheap Lafayette Three Bedroom Apartment rental is at Victory on Salisbury and starts from $1,075.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

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When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

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If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

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When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.