Cheap Apartments for Rent near Lafayette, AL from $615 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
Auburn Flats
$1,129 - $1,524
Total Monthly Price

Total Monthly Price

Base Rent
$1,129 - $1,524
Total Monthly Price
$1,129 - $1,524
1 to 3 Bedroom Apartments Available Now

Auburn Flats

2260 E University DrAuburn, AL 36830
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Domain On Donahue
$1,200 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,500
Total Monthly Price
$1,200 - $1,500
2 Bedroom Apartments Available Soon

The Domain On Donahue

1001 N Donahue DrAuburn, AL 36832
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
Woodland Hills
1 to 2 Bedroom Apartments

Woodland Hills

830 N Donahue DrAuburn, AL 36832
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
Showing Results 1-24, Page 1 of 1

Lafayette, AL Local Guide

Cheapest Available Lafayette Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lafayette, AL is a 2 Beds unit found at Timber Trail in the North Auburn neighborhood priced from $240. West Point Village in the Troup County 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 Lafayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Timber Trail2BRMR2BR,1BA$240
West Point Village1 Bed 1 Bath1BR,1BA$650
Yugo Auburn North4 Bed, 4.5 Bath Renovated4BR,4BA$699
Ten Oaks ManorTwo Bedrooms2BR,1BA$725
Woodbend Apartments1 Bed 1 Bath1BR,1BA$815

Best Value Apartments for Rent in Lafayette, AL and Nearby

As of August 23, 2026 the best value apartment in the Lafayette area is the $0.51 price per square foot 4 Bedroom Townhome Model at Creekside of Auburn in the in the Downtown Auburn neighborhood starting from $899. The second greatest value Lafayette apartment is the ClasTwo Bedroom Two and 1/2 Bath Premium Model at The Domain On Donahue starting at $1,200 with a $0.83 price per square foot in the North Auburn neighborhood. Here is today’s list of the best values for Lafayette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Creekside of Auburn4 Bedroom Townhome4BR,4BA$0.51
The Domain On DonahueClasTwo Bedroom Two and 1/2 Bath Premium2BR,2.5BA$0.83
Yugo Auburn North2 Bed, 2.5 Bath Classic2BR,2.5BA$0.64
The Reserve at Opelika3 Bed 2 Bath3BR,2BA$0.94
Colonial Arms Apartments2 bed 2 bath2BR,2BA$1.00
Pinehurst Villas Apartments2BR/2BA2BR,2BA$1.04
The River ApartmentsRapids2BR,2BA$1.14
Timber Trail2BR2BR,1BA$0.84
Ten Oaks ManorTwo Bedrooms2BR,1BA$1.02
West Point Village1 Bed 1 Bath1BR,1BA$0.92

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 Article
Decorative image

Real 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 Article
Decorative image

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

Best Local Schools in
Lafayette, AL

School data provided by Great Schools

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

Explore Lafayette, AL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lafayette, AL

View Map
Lafayette, AL Apartments Map
View Map
Lafayette, AL Rental Homes Map

Frequently Asked Questions about Cheap Lafayette Apartments

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

The lowest price for a Cheap One Bedroom Lafayette Apartment is $650 at West Point Village.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lafayette is starting from $240 at Timber Trail.

What is the most affordable Lafayette Three Bedroom Apartment?

The best deal on a cheap Lafayette Three Bedroom Apartment rental is at West Point Village and starts from $850.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.