Cheap Apartments for Rent in Lafayette, TN from $700 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lafayette.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Lafayette, TN Local Guide

Cheapest Available Lafayette Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lafayette, TN is a Studio unit found at Stratford Apartments in the Cambridge Farms neighborhood priced from $875. The Reserve at Lebanon in the Colonial Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,029. Here is today’s list of the most affordable Lafayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stratford ApartmentsCozy Studio ApartmentStudio,1BA$875
The Reserve at Lebanon1 Bed / 1 Bath Upgraded1BR,1BA$1,029
Greentree Pointe2 Bedroom Ranch2BR,2BA$1,090

Best Value Apartments for Rent in Lafayette, TN and Nearby

As of May 17, 2025 the best value apartment in the Lafayette area is the $1.05 price per square foot 3-bedroom Model at Flats at Melrose in the in the Colonial Village neighborhood starting from $1,895. The second greatest value Lafayette apartment is the The Preston Model at The Gardens at Preston Park starting at $2,167 with a $1.30 price per square foot in the Cambridge Farms 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.
Flats at Melrose3-bedroom3BR,2.5BA$1.05
The Gardens at Preston ParkThe Preston3BR,2.5BA$1.30
Cedar City TownhomesThe Emma3BR,2.5BA$1.13
South Maple Townhomes2 Bedrooms, 2.5 Bathrooms2BR,2.5BA$1.31
August OaksC1 Townhome3BR,2.5BA$1.27
Bluebird Townhomes2 Bedroom2BR,1.5BA$1.32
Brookhaven ApartmentsTwo Bedroom | One and a Half Bathroom2BR,1.5BA$1.41
Limestone Trail ApartmentsTwo Bed2BR,2BA$1.46
Spring Hill TownhomesTwo Bedroom Two Bathroom2BR,2BA$1.30
Greentree Pointe2 Bedroom Ranch2BR,2BA$1.27

Quick Rent Budget Calculator

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

Explore Lafayette, TN Rentals by Map

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See the most popular apartments and homes in Lafayette, TN

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Getting Around Lafayette, TN

Walk Score®

30 / 100

Car-Dependent

Most errands require a car

Bike Score®

31 / 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

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

The lowest price for a Cheap One Bedroom Lafayette Apartment is $1,029 at The Reserve at Lebanon.

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 $1,090 at Greentree Pointe.

What is the most affordable Lafayette Three Bedroom Apartment?

The best deal on a cheap Lafayette Three Bedroom Apartment rental is at August Oaks and starts from $1,524.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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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.