6340 Commons Dr
IndianapolisIN46254
Cheap Homes for Rent in Lafayette Square Neighborhood of Indianapolis, IN from $1,400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Lafayette Square area of Indianapolis.
5439 Cotton Bay Dr W
IndianapolisIN46254
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
5908 Dunseth Ct
IndianapolisIN46254
5041 Lewiston Dr
IndianapolisIN46254
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Lafayette Square, Indianapolis, IN Local Guide
How much does it cost to rent a home in Lafayette Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lafayette Square 2 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
| Lafayette Square 3 Bedroom Homes for Rent | $1,751 | $1,400 | $1,920 |
| Lafayette Square 4 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Lafayette Square Neighborhood of Indianapolis, IN.
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Lafayette Square, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Best Value Apartments for Rent in Lafayette Square, IN
As of June 18, 2026 the best value apartment in the Lafayette Square area is the $0.98 price per square foot 2 Bedroom 1 Bathroom Model at Mariners Village Apartments in the in the Timberview neighborhood starting from $1,164. The second greatest value Lafayette Square apartment is the 2 Bedroom 2 Bathroom Model at Wildwood Village Apartments starting at $1,135 with a $1.07 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Lafayette Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mariners Village Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.98 |
| Wildwood Village Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.07 |
| The Life at Creekside Reserve | JUNIPER | 2BR,1.5BA | $1.23 |
| The Abby | The Berkshire | 2BR,2BA | $1.18 |
| The Maywood at Speedway | The Concord | 2BR,1BA | $1.17 |
| 5841 W 25th St, Unit 1 or 4 | 5841 W 25th St | 2BR,1BA | $1.22 |
| The Life at Northwest Gardens | 2 BED 1 BATH | 2BR,1BA | $1.22 |
| Woods at Oak Crossing | One Bedroom One Bath | 1BR,1BA | $1.14 |
| The Life at White Pines | PINE | 1BR,1BA | $1.22 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.30 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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If you’re an expert on all things Lafayette Square, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleLafayette Square, Indianapolis, IN
Ranked #37
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Lafayette Square
What type of rentals are currently available in Lafayette Square?
There are currently 52 Apartments for Rent in Lafayette Square, IN with pricing that ranges from $709 to $2,516. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette Square ranging from $1,400 to $1,920.
What is the current price range for Rental Homes in Lafayette Square?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lafayette Square ranges from $1,400 to $1,920 with an average monthly rent of $1,733.
Expert Rental Resources
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.
Helpful Local Expert Guides
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.
Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.