Cheap Apartments for Rent in Lafayette, LA from $500(83 Rentals)

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Lafayette, LA Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lafayette, LA

Pricing Updated: 12/22/2024

Current apartment rentals in the Lafayette, LA 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$1,205$514120
North Lafayette Parish$1,250$500564
Central Lafayette Parish$1,310$500570

Cheapest Available Lafayette Apartments for Rent

 

The cheapest available apartment rental in Lafayette, LA is a 1 Bed unit found at Basswood in the Central Lafayette Parish neighborhood priced from $637. The Meadows Apartments in the Central Lafayette Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Lafayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Basswood1x1 Upper Level Classic1BR,1BA$637
The Meadows ApartmentsGardens 1 Bed 1 Bath1BR,1BA$650
Whispering Oaks Apartments1x1 500sf1BR,1BA$675
Lila PlaceA11BR,1BA$675
Santa RosaSRSUPRStudio,1BA$685
Acadian Crossing/Utilities IncludedAcadian - StudioStudio,1BA$695
Garden Heights ApartmentsOne Bed One Bath1BR,1BA$715
Diamond Lakes Apartment Homes1 Bedroom1BR,1BA$734
The Arts Apartments At Broussard CrossingA11BR,1BA$760
Willow Gardens ApartmentsA11BR,1BA$765

Best Value Apartments for Rent in Lafayette, LA

As of December 22, 2024 the best value apartment in the Lafayette area is the $0.87 price per square foot 3 Bedroom Model at Brooke Pointe in the in the Central Lafayette Parish neighborhood starting from $1,092. The second greatest value Lafayette apartment is the 2x2B Model at River Oaks Apartments starting at $1,035 with a $0.96 price per square foot in the Central Lafayette Parish 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.
Brooke Pointe3 Bedroom3BR,2BA$0.87
River Oaks Apartments2x2B2BR,2BA$0.96
City Heights Steeplechase (C.H.A.M.)2x22BR,2BA$0.93
Edge at Lafayette Student ApartmentsTwo Bedroom2BR,2BA$0.78
Brookwood (Patriot Point of Lafayette)3 Bed 1 Bath3BR,1BA$1.04
Riverside At Oakbourne TownhomesOne Bedroom1BR,1BA$1.11
Pinewoods ApartmentsTwo bed One Full & 1 Half bath2BR,1.5BA$1.00
Chateau Lafayette Apartments2 Bed 2 Bath I2BR,2BA$1.03
BasswoodLarge 1x1 Main Level Reno1BR,1BA$1.11
The Meadows ApartmentsButtercup 1 Bed 1 Bath1BR,1BA$0.99

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Lafayette Overview

Whether your interest lies in music, sports, art, or culture, Lafayette, Louisiana has something for you. Located in the southern part of the state, Lafayette is known for its diverse festivals, music, food, and cultural activities. Enjoy all the city has to offer in your very own Lafayette apartment.

Why live in Lafayette, LA?

What makes Lafayette so special is the diverse culture of the town. With a variety of cultures that provide the ethnic makeup of the town, you are able to find a range of music, food, and events to fill your days. The town hosts a variety of events throughout the year, such as Cajun Fairs, Creole Festivals, and Art walks. The area is also home to museums, clubs, and music venues that can fit anyone’s taste. Due to the variety of cuisine Lafayette has now been listed as one of the top foodie destinations.

Lafayette, LA
Population: 126,143

Ranked #219

in US Census Population by City

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Pet Friendly Lifestyle
Lafayette, LA

Ranked #11

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Lafayette, LA

School data provided by Great Schools

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

Explore Lafayette, LA Rentals by Map

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See the most popular apartments and homes in Lafayette, LA

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Getting Around Lafayette, LA

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Santa Rosa listed at $685.

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

The lowest price for a Cheap One Bedroom Lafayette Apartment is $637 at Basswood.

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 $700 at The Meadows Apartments.

What is the most affordable Lafayette Three Bedroom Apartment?

The best deal on a cheap Lafayette Three Bedroom Apartment rental is at Brookwood (Patriot Point of Lafayette) and starts from $950.

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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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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Navigating the World of Low-Income Housing: A Comprehensive Guide

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Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

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.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.