Cheap Apartments for Rent in Palmetto, LA from $500 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Summer Place Apartments
1 to 2 Bedroom Apartments

Summer Place Apartments

1901 Eraste Landry RdLafayette, LA 70506
  • Utilities Inc.

Palmetto, LA Local Guide

Cheapest Available Palmetto Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palmetto, LA is a 2 Beds unit found at Heatherwood Apartments - Luxury Senior Living priced from $556. 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 Palmetto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heatherwood Apartments - Luxury Senior LivingTwo Bedroom Two Bath2BR,2BA$556
The Meadows ApartmentsGardens 1 Bed 1 Bath1BR,1BA$650
Acadian Crossing/Utilities IncludedAcadian - StudioStudio,1BA$695
City Heights Steeplechase (C.H.A.M.)1x11BR,1BA$765
Chateau Lafayette Apartments2 Bed 2 Bath I2BR,2BA$775
Basswood1x1 Main Level Classic1BR,1BA$810
French Colony1 Bedroom 1 Bathroom1BR,1BA$830
Lila PlaceA21BR,1BA$835
Eagle Run2BR/1.5BA Floor Plan2BR,1BA$848
River Oaks Apartments1x1TH1BR,1BA$850

Best Value Apartments for Rent in Palmetto, LA and Nearby

As of March 01, 2025 the best value apartment in the Palmetto area is the $0.80 price per square foot 2 Bedroom 3 Bath Model at Bridgeway Apartments II in the in the Central Lafayette Parish neighborhood starting from $1,201. The second greatest value Palmetto 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 Palmetto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bridgeway Apartments II2 Bedroom 3 Bath2BR,3BA$0.80
Brooke Pointe3 Bedroom3BR,2BA$0.99
Maison Bocage Apartments2 Bed 2 Bath2BR,2BA$0.98
Heatherwood Apartments - Luxury Senior LivingTwo Bedroom Two Bath2BR,2BA$0.56
Whispering Oaks Apartments2x2 950sf upstairs2BR,2BA$0.94
Edge at Lafayette Student ApartmentsTwo Bedroom2BR,2BA$0.78
Pinewoods ApartmentsTwo bed One Full & 1 Half bath2BR,1.5BA$1.00
Chateau Lafayette Apartments2 Bed 2 Bath I2BR,2BA$1.03
City Heights Steeplechase (C.H.A.M.)1x11BR,1BA$1.02
The Meadows ApartmentsButtercup 1 Bed 1 Bath1BR,1BA$0.99

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.

decorative image of people with a giant lease agreement

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

Explore Palmetto, LA Rentals by Map

View MapPalmetto, LA Apartments MapView MapPalmetto, LA Rental Homes Map

Getting Around Palmetto, LA

Walk Score®

1 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Palmetto Apartments

What is the Cheapest Studio apartment in Palmetto?

Currently the most affordable Cheap Studio Apartment in Palmetto is at Acadian Crossing/Utilities Included listed at $695.

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

The lowest price for a Cheap One Bedroom Palmetto Apartment is $650 at The Meadows Apartments.

What is the lowest price for a Cheap Two Bedroom Palmetto Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Palmetto is starting from $556 at Heatherwood Apartments - Luxury Senior Living.

What is the most affordable Palmetto Three Bedroom Apartment?

The best deal on a cheap Palmetto Three Bedroom Apartment rental is at The Meadows Apartments and starts from $1,000.

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.

decorative image for What to Know About Fees and Fines When Renting article

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 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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.