![Bridgeway Apartments II](https://images1.apartmenthomeliving.com/i2/_sGX-bXgCYY4IAVnzrqssHi3GgcEeUj85W51t1___gA/117/image.jpg?p=1)
Cheap Apartments for Rent in the Downtown Lafayette Neighborhood of Lafayette, LA from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lafayette area of Lafayette.
![Bridgeway Apartments II](https://images1.apartmenthomeliving.com/i2/_sGX-bXgCYY4IAVnzrqssHi3GgcEeUj85W51t1___gA/117/image.jpg?p=1)
![Bayou Shadows Apartment Homes](https://images1.apartmenthomeliving.com/i2/mFrsc7cYc7sWq34gqv712Djgdhf7m1N8WfEN-78R38s/117/image.jpg?p=1)
Bayou Shadows Apartment Homes
![The Lofts at the Municipal](https://images1.apartmenthomeliving.com/i2/3KjodcgiqVvP_nXKsIozX4Vu0RXQFMhSQKRzJX9TNBo/117/image.jpg?p=1)
The Lofts at the Municipal
![River Oaks Apartments](https://images1.apartmenthomeliving.com/i2/xuRi0l4MAg-mSwJjI7MWJhhg1Dczjhp004DPtiAULt8/117/image.jpg?p=1)
River Oaks Apartments
![Vermilion Lofts](https://images1.apartmenthomeliving.com/i2/GifqDtUqgOIzYLVixTM2GcuOuVN3tdxeemVTvFymm1U/117/image.jpg?p=1)
Vermilion Lofts
Downtown Lafayette, Lafayette, LA Local Guide
![Apartments for rent in Downtown Lafayette, LA](https://images1.apartmenthomeliving.com/i2/E9IOtA5Gcp2eQO1UgrqvdlXhG6n9h6qmP4ivlavcpqE/117/image.jpg)
How much does it cost to rent an apartment in Downtown Lafayette?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Lafayette Studio Apartments | $900 | $880 | $960 |
Downtown Lafayette 1 Bedroom Apartments | $1,148 | $700 | $1,785 |
Downtown Lafayette 2 Bedroom Apartments | $1,041 | $540 | $1,748 |
Downtown Lafayette 3 Bedroom Apartments | $935 | $525 | $1,810 |
Downtown Lafayette 4 Bedroom Apartments | $595 | $595 | $595 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Lafayette Neighborhood of Lafayette, LA.
See all Apartments in LafayetteExplore Lafayette
Downtown Lafayette, Lafayette, LA Local Guide
- Nearby Lafayette neighborhoods
- Nearby Cities
- ZIP codes
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Cheapest Available Downtown Lafayette Apartments for Rent
 The cheapest available apartment rental in the Downtown Lafayette area of Lafayette, LA is a 1 Bed unit found at Stonegate Apartments priced from $760. River Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Downtown Lafayette apartments for rent in Lafayette, LA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stonegate Apartments | 1x1 | 1BR,1BA | $760 |
River Oaks Apartments | 1x1 | 1BR,1BA | $850 |
Bayou Shadows Apartment Homes | Efficiency 510Sq.Ft | 1BR,1BA | $874 |
Vermilion Lofts | Studio B | Studio,1BA | $880 |
The Lofts at the Municipal | L-A4 | 1BR,1BA | $925 |
Best Value Apartments for Rent in Downtown Lafayette, LA
As of February 15, 2025 the best value apartment in the Downtown Lafayette area is the $0.78 price per square foot Two Bedroom Model at Edge at Lafayette Student Apartments in the in the Central Lafayette Parish neighborhood starting from $715. The second greatest value Downtown Lafayette apartment is the 615 Madison St Model at 615 Madison St, Unit 615 Madison Street #3 starting at $1,000 with a $1.11 price per square foot in the Central Lafayette Parish 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. |
---|---|---|---|
Edge at Lafayette Student Apartments | Two Bedroom | 2BR,2BA | $0.78 |
615 Madison St, Unit 615 Madison Street #3 | 615 Madison St | 1BR,1BA | $1.11 |
River Oaks Apartments | 1x1 | 1BR,1BA | $1.18 |
The Genesis Lafayette | NOVA | 1BR,1BA | $1.38 |
Bridgeway Apartments II | 1 Bed 1 Bath | 1BR,1BA | $1.44 |
The Lofts at the Municipal | A6 | 1BR,1BA | $1.89 |
Stonegate Apartments | 1x1 | 1BR,1BA | $1.15 |
Lux of Lafayette | 1x1 | 1BR,1BA | $1.40 |
Bayou Shadows Apartment Homes | Efficiency 510Sq.Ft | 1BR,1BA | $1.71 |
Vermilion Lofts | Studio B | Studio ,1BA | $1.98 |
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 Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Getting Around the Downtown Lafayette Neighborhood in Lafayette, LA
Walk Score®
88 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
70 / 100
Very Bikeable
Biking is convenient for most trips
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 Vermilion Lofts listed at $880.
How much is rent for a Cheap One Bedroom Downtown Lafayette Apartment?
The lowest price for a Cheap One Bedroom Downtown Lafayette Apartment is $760 at Stonegate Apartments.
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 $925 at Stonegate Apartments.
What is the most affordable Downtown Lafayette Three Bedroom Apartment?
The best deal on a cheap Downtown Lafayette Three Bedroom Apartment rental is at Bridgeway Apartments II and starts from $1,076.
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.
![decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article](https://assets.apartmenthomeliving.com/content/posts/19321224-understanding_amenity_fees_know_where_you_might_be_able_to_save_money.jpg)
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.
![decorative image for What to Know About Fees and Fines When Renting article](https://assets.apartmenthomeliving.com/content/posts/18447499-what_to_know_about_fees_and_fines_when_renting.jpg)
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.
![decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article](https://assets.apartmenthomeliving.com/content/posts/19302864-how_your_move_in_inspection_can_protect_your_security_deposit.jpg)
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.
![decorative image for Signing Your Apartment Lease: The Basics article](https://assets.apartmenthomeliving.com/content/posts/18447535-signing_your_apartment_lease_the_basics.jpg)
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.