Cheap Apartments for Rent in the Downtown Lafayette Neighborhood of Lafayette, IN from $400 (34 Rentals)

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

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1626 Main St
1 Bedroom Apartments

1626 Main St

1626 Main StLafayette, IN 47904
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CNC Leasing Group
1 Bedroom Apartments

CNC Leasing Group

1031 N 6th StLafayette, IN 47904
  • Utilities Included
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Monon Place
Studio Apartments

Monon Place

510 Salem StLafayette, IN 47904
Student Housing
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CNC Leasing Group
2 Bedroom Apartments

CNC Leasing Group

1500-1506 Perdue StLafayette, IN 47905
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1416 Main Street
Studio to 1 Bedroom Apartments

1416 Main Street

1416 Main StLafayette, IN 47901
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1218 Columbia St
1 to 2 Bedroom Apartments

1218 Columbia St

1218 Columbia StLafayette, IN 47901
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Schultz Lofts
Studio to 2 Bedroom Apartments

Schultz Lofts

216 N 4th StLafayette, IN 47901
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Armory Loft
1 to 2 Bedroom Apartments

Armory Loft

802 N 9th StLafayette, IN 47904
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214 Perrin Ave
Studio to 1 Bedroom Apartments

214 Perrin Ave

214 Perrin AveLafayette, IN 47901
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The Crossing
1 Bedroom Apartments

The Crossing

1616 Center StLafayette, IN 47905
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Wall Street
1 Bedroom Apartments

Wall Street

704 N 6th StLafayette, IN 47901
Student Housing
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514-516 S 15th St
1 Bedroom Apartments

514-516 S 15th St

514-516 S 15th StLafayette, IN 47905
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Uptown West
2 Bedroom Apartments

Uptown West

705-707 N 5th StLafayette, IN 47901
Student Housing
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Waterfront Apartments
1 to 4 Bedroom Apartments

Waterfront Apartments

320 Brown StWest Lafayette, IN 47906
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Zia's Place
1 Bedroom Apartments

Zia's Place

108 N Salisbury StWest Lafayette, IN 47906
Student Housing
  • Utilities Included

Downtown Lafayette, Lafayette, IN Local Guide

Cheapest Available Downtown Lafayette Apartments for Rent

 

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

Apartment ListingModel NameBed/BathPriced From
CNC Leasing Group Various Lafayette LocationsStudioStudio,1BA$595
Stonecrest ApartmentsStudioStudio,1BA$625
CNC Leasing Group1BD 1BTH1BR,1BA$650
1416 Main Street0BR/1.0BAStudio,1BA$695
CNC Leasing Group1BD 1BTH1BR,1BA$695
Historic Downtown Apartments II2x12BR,1BA$800
The Luna FlatsLuna Flats - 2-bed/2-bath (2C) **limited time o...2BR,2BA$899
Georgetown South1 Bedroom1BR,1BA$950
Pheasant RunThe Dove 2 BR 1 BA2BR,1BA$968
Crestview ApartmentsCrestview II -1bd1BR,1BA$1,010

Best Value Apartments for Rent in Downtown Lafayette, IN

As of April 13, 2025 the best value apartment in the Downtown Lafayette area is the $1.23 price per square foot 2.1 F Model at Lahr Apartments in the in the Downtown Lafayette neighborhood starting from $1,547. The second greatest value Downtown 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 Downtown Lafayette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lahr Apartments2.1 F2BR,1BA$1.23
Hub on Campus West Lafayette4x3 D4BR,3BA$1.13
Sagamore Winds Apartments2 Bed/2 Bath B2BR,2BA$1.38
The Press1BR/1.0BA1BR,1BA$1.26
The Luna FlatsLuna - Individual Lease - 2bed2BR,2BA$1.10
Georgetown South1 Bedroom1BR,1BA$1.19
1203 Weaver St, Unit A1203 Weaver St1BR,1BA$1.50
Victory on Salisbury3BR/1BA3BR,1BA$1.49
CNC Leasing Group1BD 1BTH1BR,1BA$0.99
Historic Downtown Apartments II2x12BR,1BA$1.28

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Pet Friendly Lifestyle
Downtown Lafayette, Lafayette, IN

Ranked #1

Among neighborhoods in Lafayette, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Downtown Lafayette Neighborhood in Lafayette, IN

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Downtown Lafayette Apartments

What is the Cheapest Studio apartment in Downtown Lafayette?

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

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

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

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

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

What is the most affordable Downtown Lafayette Three Bedroom Apartment?

The best deal on a cheap Downtown 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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

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.