Cheap Homes for Rent in Lafayette, LA from $700 (39 Rentals)

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property at 305 Ella St

305 Ella St

LafayetteLA70506
Showing Results 1-39, Page 1 of 1

Lafayette, LA Local Guide

Cheapest Neighborhoods for Apartments in Lafayette, LA

Pricing Updated: 04/15/2025

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
Central Lafayette Parish$3,300$700142
Downtown Lafayette$3,300$9506
North Lafayette Parish$3,300$700126

Cheapest Available Lafayette Apartments for Rent

 

The cheapest available apartment rental in Lafayette, LA is a 1 Bed unit found at Evangeline Elderly Apartments in the Central Lafayette Parish neighborhood priced from $550. 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
Evangeline Elderly ApartmentsOne Bedrooms1BR,1BA$550
The Meadows ApartmentsGardens 1 Bed 1 Bath1BR,1BA$650
Brookwood (Patriot Point of Lafayette)1 Bedroom1BR,1BA$682
Acadian Crossing/Utilities IncludedAcadian - StudioStudio,1BA$695
Chateau Lafayette Apartments2 Bed 2 Bath I2BR,2BA$700
Acadian Point ApartmentsA1 1 BEDROOM 1 BATH1BR,1BA$704
Garden Heights ApartmentsOne Bed One Bath1BR,1BA$750
City Heights Steeplechase C.H.A.M.1x11BR,1BA$765
Willow Gardens ApartmentsA11BR,1BA$775

Best Value Apartments for Rent in Lafayette, LA

As of April 16, 2025 the best value apartment in the Lafayette area is the $0.99 price per square foot 3 Bedroom Model at Brooke Pointe in the in the Central Lafayette Parish neighborhood starting from $1,250. The second greatest value Lafayette apartment is the Two Bedroom Model at Riverside At Oakbourne Townhomes starting at $1,245 with a $1.11 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$0.99
Riverside At Oakbourne TownhomesTwo Bedroom2BR,1.5BA$1.11
Whispering Oaks Apartments2x2 950sf upstairs2BR,2BA$0.94
Park Place Apartments2 Bedrooms/ 1.5 Bath2BR,1.5BA$0.96
Pinewoods ApartmentsTwo bed One Full & 1 Half bath2BR,1.5BA$1.00
City Heights Steeplechase C.H.A.M.1x11BR,1BA$1.02
Chateau Lafayette Apartments2 Bed 2 Bath I2BR,2BA$0.93
Maison Bocage Apartments1 Bed 1 Bath1BR,1BA$1.09
The Meadows ApartmentsButtercup 1 Bed 1 Bath1BR,1BA$0.99
Acadian Point ApartmentsA1 1 BEDROOM 1 BATH1BR,1BA$1.08

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Frequently Asked Questions about Lafayette

What type of rentals are currently available in Lafayette?

There are currently 172 Apartments for Rent in Lafayette, LA with pricing that ranges from $485 to $3,650. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette ranging from $700 to $4,000.

What is the current price range for Rental Homes in Lafayette?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lafayette ranges from $700 to $4,000 with an average monthly rent of $1,791.

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

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.

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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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

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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.