Cheap Apartments for Rent in Iota, LA from $500 (24 Rentals)

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Summer Place Apartments
1 to 2 Bedroom Apartments

Summer Place Apartments

1901 Eraste Landry RdLafayette, LA 70506
Corporate Housing
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Iota, LA Local Guide

Cheapest Available Iota Apartments for Rent and Nearby

 

The cheapest available apartment rental in Iota, LA is a 1 Bed unit found at Patriot Point of Lafayette (FKA Brookwood) in the Central Lafayette Parish neighborhood priced from $695. Stonegate Apartments in the Central Lafayette Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here is today’s list of the most affordable Iota apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Patriot Point of Lafayette (FKA Brookwood)1 Bedroom1BR,1BA$695
Stonegate Apartments1x11BR,1BA$760
Diamond Lakes Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$767
Prosper NorthgateNG 2x12BR,1BA$775
Gallery Apartments1 Bedroom / 1 Bath - Plan E1BR,1BA$775

Best Value Apartments for Rent in Iota, LA and Nearby

As of December 10, 2025 the best value apartment in the Iota area is the $1.13 price per square foot Three Bedroom 2 Bath Model at Chateau Des Lions Apartment Homes in the in the Central Lafayette Parish neighborhood starting from $1,570. The second greatest value Iota apartment is the UNFURNISHED 2BR/2BA Model at Guidry Row Apartment Homes starting at $1,200 with a $1.13 price per square foot in the Central Lafayette Parish neighborhood. Here is today’s list of the best values for Iota apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chateau Des Lions Apartment HomesThree Bedroom 2 Bath3BR,2BA$1.13
Guidry Row Apartment HomesUNFURNISHED 2BR/2BA2BR,2BA$1.13
City Heights Steeplechase C.H.A.M.2x22BR,2BA$0.94
Canterbury Square2 Bedroom2BR,2BA$1.00
Cyrus Homes= Income Restricted2 Bed 2 Bath2BR,2BA$0.96
Whispering Oaks Apartments2x2 950sf upstairs2BR,2BA$1.03
Greystone ApartmentsCambria2BR,1BA$1.13
Cheyenne HeightsTwo Bed2BR,1BA$1.06
Lux of Lafayette2x12BR,1BA$1.07
Prosper NorthgateNG 2x12BR,1BA$1.07

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Iota, LA

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Getting Around Iota, LA

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 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 Iota Apartments

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

The lowest price for a Cheap One Bedroom Iota Apartment is $695 at Patriot Point of Lafayette (FKA Brookwood).

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

Today's best deal for a Cheap Two Bedroom Apartment in Iota is starting from $775 at Prosper Northgate.

What is the most affordable Iota Three Bedroom Apartment?

The best deal on a cheap Iota Three Bedroom Apartment rental is at Cyrus Homes= Income Restricted and starts from $900.

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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.