
Cheap Homes for Rent in Lafayette, MN from $600 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Lafayette.


122 Lynn Ln

121 Laurinda Ln

123 Lynn Ln

122 Terri Ln

114 Terri Ln

112 Terri Ln

102 Terri Ln

144 Lynn Ln

960 N 3rd St

136 Lynn Ln

121 Jaybee Ln

53651 188th St

55 Wood Dr

403 Elm Dr

204 Karu Dr

206 Janjo Dr

210 Karu Dr

810-824 Ronell St
Lafayette, MN Local Guide

How much does it cost to rent a home in Lafayette?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lafayette 2 Bedroom Homes for Rent | $1,281 | $680 | $1,750 |
Lafayette 3 Bedroom Homes for Rent | $1,677 | $1,250 | $2,700 |
Lafayette 4 Bedroom Homes for Rent | $1,889 | $1,545 | $2,396 |
Lafayette 5 Bedroom Homes for Rent | $2,463 | $1,945 | $2,950 |
Browse Top Homes for Rent in Lafayette
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Lafayette, MN Local Guide
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Cheapest Available Lafayette Apartments for Rent and Nearby
 The cheapest available apartment rental in Lafayette, MN is a 1 Bed unit found at Highland Hills Apartments in the University neighborhood priced from $775. Le Sueur Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Lafayette apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Highland Hills Apartments | Elm Tree Court | 1BR,1BA | $775 |
Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $899 |
Skyway Property Holdings, LLC - (Studio 5) | 0BR/1.0BA | Studio,1BA | $1,050 |
Augusta Park Estates | Studio Apartment B (C) | Studio,1BA | $1,050 |
Best Value Apartments for Rent in Lafayette, MN and Nearby
As of April 16, 2025 the best value apartment in the Lafayette area is the $1.11 price per square foot 1x1 Model at 2209 White Oak Dr in the starting from $1,875. The second greatest value Lafayette apartment is the Waiting List 3BR Model at Greenfield Estates I & II starting at $1,450 with a $1.20 price per square foot . Here is today’s list of the best values for Lafayette apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2209 White Oak Dr | 1x1 | 3BR,2.5BA | $1.11 |
Greenfield Estates I & II | Waiting List 3BR | 3BR,1BA | $1.20 |
Sleepy Eye Apartments Homes | 3 Bedroom 2 Bath | 3BR,2BA | $1.35 |
Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.26 |
Traverse Green Apartments | 2x2 | 2BR,2BA | $1.38 |
Southwood Flats | 2 Bed, 1 Bath (remodeled) | 2BR,1BA | $1.31 |
The Edge Apartments | Two Bedroom | 2BR,1BA | $1.30 |
Dublin Heights | Two Bedroom | 2BR,1BA | $1.22 |
Cedar Meadow Apartments | 3BR | 3BR,1BA | $1.30 |
Village Court Apartments | 2 Bed, 1 Bath (renovated) | 2BR,1BA | $1.30 |
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Frequently Asked Questions about Lafayette
What type of rentals are currently available in Lafayette?
There are currently 59 Apartments for Rent in Lafayette, MN with pricing that ranges from $700 to $3,725. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette ranging from $680 to $2,950.
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 $680 to $2,950 with an average monthly rent of $1,704.
How much are larger Three and Four Bedroom Rentals in Lafayette?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lafayette range from $1,199 to $2,260, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,545 and Four Bedroom Apartments start at $1,600.
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.

Know Your Rights - How Discrimination Laws Impact Landlords & 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.

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.