
Cheap Homes for Rent in La Fayette, NY from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in La Fayette.


905 Ackerman Ave

201 N Hughes Pl

916 Ackerman Ave
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.

700 Jamesville Ave

241 Lorraine Ave

111 Herkimer St

614 Jamesville Ave
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.

105 Merz Ave
La Fayette, NY Local Guide

How much does it cost to rent a home in La Fayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| La Fayette 2 Bedroom Homes for Rent | $1,973 | $1,200 | $3,000 |
| La Fayette 3 Bedroom Homes for Rent | $1,814 | $600 | $2,800 |
| La Fayette 4 Bedroom Homes for Rent | $3,000 | $1,700 | $4,500 |
| La Fayette 5 Bedroom Homes for Rent | $2,778 | $500 | $3,350 |
| La Fayette 7 Bedroom Homes for Rent | $4,025 | $4,025 | $4,025 |
Browse Top Homes for Rent in La Fayette
Explore La Fayette
La Fayette, NY Local Guide
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Cheapest Available La Fayette Apartments for Rent and Nearby
 The cheapest available apartment rental in La Fayette, NY is a Studio unit found at Hidden Valley Apartments in the Elmwood neighborhood priced from $895. Thurber Apartments in the Elmwood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $920. Here is today’s list of the most affordable La Fayette apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hidden Valley Apartments | HIDDEN VALLEY *Large Studio* Taking Applicatio... | Studio,1BA | $895 |
| Thurber Apartments | Studio | Studio,1BA | $920 |
| Nob Hill Apartments | A1 | 1BR,1BA | $1,015 |
Best Value Apartments for Rent in La Fayette, NY and Nearby
As of July 01, 2026 the best value apartment in the La Fayette area is the $1.44 price per square foot 2BR/2.0BA Model at Symphony Place in the in the Elmwood neighborhood starting from $2,055. The second greatest value La Fayette apartment is the Rockaway Model at Classic American starting at $1,100 with a $0.92 price per square foot in the Elmwood 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. |
|---|---|---|---|
| Symphony Place | 2BR/2.0BA | 2BR,2BA | $1.44 |
| Classic American | Rockaway | 2BR,1BA | $0.92 |
| Pleasant Hill Crossings | 2 Bedroom 1.5 Bathroom Partial Remodel | 2BR,1.5BA | $1.64 |
| 1741 W Onondaga St | 2BR/1BA F36 | 2BR,1BA | $1.32 |
| Newbury Apartment Homes | 2 Bd Luxury | 2BR,1BA | $1.40 |
| Belmont Ridge Apartment Homes | 2 Bed/1 Bath Elite | 2BR,1BA | $1.63 |
| Nob Hill Apartments | B1 | 2BR,1.5BA | $1.60 |
| The Meadows Apartment Homes | One Bedroom- 785 sqft | 1BR,1BA | $1.68 |
| Thurber Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.69 |
| 748 S Beech St | 1 | 1BR,1BA | $1.45 |
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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about La Fayette
What type of rentals are currently available in La Fayette?
There are currently 58 Apartments for Rent in La Fayette, NY with pricing that ranges from $750 to $8,295. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in La Fayette ranging from $500 to $4,500.
What is the current price range for Rental Homes in La Fayette?
Today's rental pricing for Homes for Rent, Condos and Townhomes in La Fayette ranges from $500 to $4,500 with an average monthly rent of $2,393.
How much are larger Three and Four Bedroom Rentals in La Fayette?
For those who are looking for larger living arrangements, Three Bedroom Apartments in La Fayette range from $1,395 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $999.
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

Your Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Syracuse, NY
Written by: Jessica Mousseau
Hey! Jessica here, your ApartmentHomeLiving.com Local Expert for Syracuse, New York.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.