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Cheap Apartments for Rent in La Fayette, IL from $300 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in La Fayette.
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$690 - $9501 to 3 Bedroom Apartments Available Now
PARKWAY ESTATES
1711 W Carl Sandburg DrGalesburg, IL 61401
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$700 - $1,000Studio to 2 Bedroom Apartments Available Now
Willow Knolls Apartments
2221-2227 Willow Knolls Dr WPeoria, IL 61614
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$700 - $1,400Studio to 3 Bedroom Apartments Available Now
Hollow Hills
4019 W Hollow Creek DrPeoria, IL 61615
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$725 - $825Studio to 1 Bedroom Apartments Available Now
Woods + Meadow Apartments
2215 W Willow Knolls DrPeoria, IL 61614
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Rent Specials
$800 - $1,0251 to 2 Bedroom Apartments Available Now
Willow Way
2630 W Willowlake DrPeoria, IL 61614
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43 W North St
GalesburgIL61401
109 E Jackson St
AbingdonIL61410
1003 6th St
OrionIL61273
265 Duffield Ave
GalesburgIL61401
1001 6th St
OrionIL61273
305 N Pleasant View St
ElmwoodIL61529
Showing Results 1-15, Page 1 of 1
La Fayette, IL Local Guide
Corn at the farmers market by Gemma Billings is licensed under CC BY 2.0
How much does it cost to rent an apartment in La Fayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| La Fayette Studio Apartments | $785 | $700 | $1,102 |
| La Fayette 1 Bedroom Apartments | $1,082 | $690 | $1,622 |
| La Fayette 2 Bedroom Apartments | $1,313 | $525 | $1,756 |
| La Fayette 3 Bedroom Apartments | $1,343 | $915 | $1,872 |
Browse Top Apartments in La Fayette
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La Fayette, IL Local Guide
- Nearby Cities
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Cheapest Available La Fayette Apartments for Rent and Nearby
The cheapest available apartment rental in La Fayette, IL is a 2 Beds unit found at Mayfair Manor priced from $525. PARKWAY ESTATES has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable La Fayette apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mayfair Manor | 2x1 | 2BR,1BA | $525 |
| PARKWAY ESTATES | 1 Bedroom 1 Bath | 1BR,1BA | $690 |
| Willow Knolls Apartments | Studio | Studio,1BA | $700 |
| Hollow Hills | Studio | Studio,1BA | $700 |
| Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio,1BA | $725 |
Best Value Apartments for Rent in La Fayette, IL and Nearby
As of November 11, 2025 the best value apartment in the La Fayette area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value La Fayette apartment is the 2Bed2Bath Model at Brighton Woods starting at $1,050 with a $0.95 price per square foot in the Oakbrook neighborhood. Here is today’s list of the best values for La Fayette apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Point Apartments | 3 Bedroom 2 Bath | 2BR,2BA | $1.18 |
| Brighton Woods | 2Bed2Bath | 2BR,2BA | $0.95 |
| Haymeadow Apartments | Country Seat | 2BR,2BA | $1.19 |
| 504 S Sweetbriar Dr | Model | 2BR,1BA | $1.11 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.12 |
| Forest Hill Apartments | 1x1 | 1BR,1BA | $1.12 |
| PARKWAY ESTATES | 1 Bedroom 1 Bath | 1BR,1BA | $0.95 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $1.18 |
| Hollow Hills | Studio | Studio ,1BA | $1.08 |
| Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio ,1BA | $1.12 |
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Frequently Asked Questions about Cheap La Fayette Apartments
What is the Cheapest Studio apartment in La Fayette?
Currently the most affordable Cheap Studio Apartment in La Fayette is at Willow Knolls Apartments listed at $700.
How much is rent for a Cheap One Bedroom La Fayette Apartment?
The lowest price for a Cheap One Bedroom La Fayette Apartment is $690 at PARKWAY ESTATES.
What is the lowest price for a Cheap Two Bedroom La Fayette Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in La Fayette is starting from $525 at Mayfair Manor.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.