
Cheap Homes for Rent in Downtown Lafayette Neighborhood of Lafayette, IN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lafayette area of Lafayette.


1611 Grove St

1005 Cincinnati St

1011 S 4th St

815 Union St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Downtown Lafayette, Lafayette, IN Local Guide

How much does it cost to rent a home in Downtown Lafayette?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Lafayette 2 Bedroom Homes for Rent | $1,012 | $925 | $1,100 |
Downtown Lafayette 3 Bedroom Homes for Rent | $1,465 | $995 | $1,800 |
Downtown Lafayette 4 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Lafayette Neighborhood of Lafayette, IN.
Explore 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 |
Best Value Apartments for Rent in Downtown Lafayette, IN
As of April 27, 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 2 Bed/2 Bath B Model at Sagamore Winds Apartments starting at $1,450 with a $1.38 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 |
Sagamore Winds Apartments | 2 Bed/2 Bath B | 2BR,2BA | $1.38 |
The Press | 1BR/1.0BA | 1BR,1BA | $1.26 |
Nova | 2BR/2.0BA | 2BR,2BA | $1.41 |
612 South St, Unit 1 | 612 South St | 2BR,1.5BA | $1.50 |
The Luna Flats | Luna - Individual Lease - 2bed | 2BR,2BA | $1.10 |
Georgetown South | 1 Bedroom | 1BR,1BA | $1.19 |
Victory on Salisbury | 3BR/1BA | 3BR,1BA | $1.49 |
CNC Leasing Group | 1BD 1BTH | 1BR,1BA | $0.99 |
Historic Downtown Apartments II | 2x1 | 2BR,1BA | $1.28 |
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.
Frequently Asked Questions about Downtown Lafayette
What type of rentals are currently available in Downtown Lafayette?
There are currently 198 Apartments for Rent in Downtown Lafayette, IN with pricing that ranges from $595 to $3,600. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lafayette ranging from $925 to $1,800.
What is the current price range for Rental Homes in Downtown Lafayette?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lafayette ranges from $925 to $1,800 with an average monthly rent of $1,359.
How much are larger Three and Four Bedroom Rentals in Downtown Lafayette?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lafayette range from $879 to $2,333, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,025.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.