
Cheap Apartments for Rent in the Downtown Lafayette Neighborhood of Lafayette, IN from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lafayette area of Lafayette.


Stonecrest Apartments

1114-1116 N 9th St Rd

Historic Downtown Apartments II

918-918 Roberts St

Vantage Pointe Apartments

1931 Elmwood Ave

1014-1016 N 7th St
Downtown Lafayette, Lafayette, IN Local Guide

How much does it cost to rent an apartment in Downtown Lafayette?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Lafayette Studio Apartments | $1,510 | $595 | $1,675 |
Downtown Lafayette 1 Bedroom Apartments | $1,606 | $650 | $2,143 |
Downtown Lafayette 2 Bedroom Apartments | $1,752 | $800 | $2,659 |
Downtown Lafayette 3 Bedroom Apartments | $1,474 | $1,075 | $2,270 |
Downtown Lafayette 4 Bedroom Apartments | $1,240 | $1,025 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Downtown Lafayette Neighborhood of Lafayette, IN.
See all Apartments in LafayetteExplore Lafayette
Downtown Lafayette, Lafayette, IN Local Guide
- Nearby Lafayette neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
CNC Leasing Group Various Lafayette Locations | Studio | Studio,1BA | $595 |
Stonecrest Apartments | Studio | Studio,1BA | $625 |
CNC Leasing Group | 1BD 1BTH | 1BR,1BA | $650 |
CNC Leasing Group | 1BD 1BTH | 1BR,1BA | $695 |
Historic Downtown Apartments II | 2x1 | 2BR,1BA | $800 |
Pheasant Run | The Quail Run 1 BR 1 BA | 1BR,1BA | $864 |
Crestview Apartments | Crestview III | Studio,1BA | $870 |
The Luna Flats | Luna Flats - 2-bed/2-bath (2C) **limited time o... | 2BR,2BA | $899 |
Best Value Apartments for Rent in Downtown Lafayette, IN
As of March 14, 2025 the best value apartment in the Downtown Lafayette area is the $1.13 price per square foot 4x3 D Model at Hub on Campus West Lafayette in the in the Downtown Lafayette neighborhood starting from $1,395. The second greatest value Downtown Lafayette apartment is the 1BR/1.0BA Model at Nova starting at $1,750 with a $1.69 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Hub on Campus West Lafayette | 4x3 D | 4BR,3BA | $1.13 |
Nova | 1BR/1.0BA | 1BR,1BA | $1.69 |
The Luna Flats | Luna - Individual Lease - 2bed | 2BR,2BA | $1.10 |
Sagamore Winds Apartments | 1 Bed/1 Bath D | 1BR,1BA | $1.54 |
Georgetown South | 1 Bedroom | 1BR,1BA | $1.19 |
CNC Leasing Group | 1BD 1BTH | 1BR,1BA | $0.99 |
1204 North St, Unit 6 | 1204 North St | Studio ,1BA | $1.04 |
Historic Downtown Apartments II | 2x1 | 2BR,1BA | $1.28 |
Pheasant Run | The Quail Run 1 BR 1 BA | 1BR,1BA | $1.58 |
509 New York St, Unit 4 | 509 New York St | Studio ,1BA | $1.30 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Lafayette, Lafayette, IN
Ranked #1
Among neighborhoods in Lafayette, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Downtown Lafayette Neighborhood in Lafayette, IN
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
50 / 100
Good Transit
Many 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 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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
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.

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.

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.