Cheap Apartments for Rent in Lafayette, LA from $400 (71 Rentals)

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Cheap Apartments in Lafayette.

property at 702 Bonin Rd

702 Bonin Rd

LafayetteLA70508

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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Fairway Apartments
1 Bedroom Apartments

Fairway Apartments

156 Verona DrLafayette, LA 70507
  • Utilities Included
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Villa's at Angel Point
Studio to 2 Bedroom Apartments

Villa's at Angel Point

323 Patterson StLafayette, LA 70501
Senior Living
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Village Dulac Apartments
Studio to 2 Bedroom Apartments

Village Dulac Apartments

1404 Carmel DrLafayette, LA 70501
Senior Living
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Lafayette, LA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Lafayette, LA

Pricing Updated: 05/07/2025

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$1,190$48563
North Lafayette Parish$1,816$485397
Central Lafayette Parish$2,100$485416

Cheapest Available Lafayette Apartments for Rent

 

The cheapest available apartment rental in Lafayette, LA is a 1 Bed unit found at The Meadows Apartments in the Central Lafayette Parish neighborhood priced from $650. Whispering Oaks Apartments in the Central Lafayette Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Lafayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Meadows ApartmentsGardens 1 Bed 1 Bath1BR,1BA$650
Whispering Oaks Apartments1x1 500sf upstairs1BR,1BA$695
Acadian Crossing/Utilities IncludedAcadian - StudioStudio,1BA$695
Bayou Shadows Apartment HomesEfficiency w/Patio 527Sq.Ft.1BR,1BA$700
Acadian Point ApartmentsA1 1 BEDROOM 1 BATH1BR,1BA$704
Garden Heights ApartmentsOne Bed One Bath1BR,1BA$750
Stonegate Apartments1x11BR,1BA$760
City Heights Steeplechase C.H.A.M.1x11BR,1BA$765
Diamond Lakes Apartment Homes1 Bedroom1BR,1BA$777
Bridgeway Apartments II1 Bed 1 Bath1BR,1BA$800

Best Value Apartments for Rent in Lafayette, LA

As of May 07, 2025 the best value apartment in the Lafayette area is the $1.04 price per square foot B4 Model at The Highlands Lafayette in the in the Central Lafayette Parish neighborhood starting from $1,586. The second greatest value Lafayette apartment is the 3 Bedroom Model at Brooke Pointe starting at $1,250 with a $0.99 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.
The Highlands LafayetteB42BR,2BA$1.04
Brooke Pointe3 Bedroom3BR,2BA$0.99
Maison Bocage Apartments2 Bed 2 Bath2BR,2BA$1.04
Park Place Apartments2 Bedrooms/ 1.5 Bath2BR,1.5BA$0.96
Brookwood (Patriot Point of Lafayette)3 Bed 1 Bath3BR,1BA$1.04
Gallery Apartments2 Bedroom / 2 Bath - Plan C2BR,2BA$1.04
Mimosa Place Apartments2 bedroom2BR,1BA$1.07
City Heights Steeplechase C.H.A.M.1x11BR,1BA$1.02
The Meadows ApartmentsButtercup 1 Bed 1 Bath1BR,1BA$0.99
Acadian Point ApartmentsA1 1 BEDROOM 1 BATH1BR,1BA$1.08

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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.

Best Local Schools in
Lafayette, LA

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Remember the 3 Rules of Real Estate:
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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 price of a cheap apartment in Lafayette?

The cheapest apartment in Lafayette is The Meadows Apartments which is listed at $650, while the average apartment in Lafayette costs $1,702.

What types of apartments are the cheapest in Lafayette?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 73 regular apartments in Lafayette that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lafayette?

Cheap apartments in Lafayette have an average cost of $195 which is $1,507 cheaper than the average rent for all rentals in Lafayette.

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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.

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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.