
Cheap Apartments for Rent in Lafayette, AL from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Lafayette.


West Point Village

Woodbend Apartments

The Reserve at Opelika
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.

Courtyard Apartments

The Verandas Apartments

Pinehurst Villas Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Abbey Glen Apartment Homes

Colonial Arms Apartments

The River Apartments

Tree Tops Apartments

600 8th St

2202 40th St

525 Francis St

70 W Smith Rd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1095 Foster Cir
Lafayette, AL Local Guide

How much does it cost to rent an apartment in Lafayette?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lafayette 1 Bedroom Apartments | $1,162 | $520 | $3,213 |
Lafayette 2 Bedroom Apartments | $1,410 | $545 | $5,730 |
Lafayette 3 Bedroom Apartments | $2,017 | $659 | $3,200 |
Lafayette 4 Bedroom Apartments | $671 | $619 | $769 |
Browse Top Apartments in Lafayette
See all Apartments in LafayetteExplore Lafayette
Lafayette, AL Local Guide
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Cheapest Available Lafayette Apartments for Rent and Nearby
 The cheapest available apartment rental in Lafayette, AL is a 2 Beds unit found at Ten Oaks Manor priced from $675. Timber Trail in the North Auburn neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here is today’s list of the most affordable Lafayette apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ten Oaks Manor | Two Bedrooms | 2BR,1BA | $675 |
Timber Trail | Two Bedrooms | 2BR,1BA | $745 |
Woodbend Apartments | 1 Bed 1 Bath | 1BR,1BA | $815 |
The Reserve at Opelika | 1 Bed 1 Bath Large | 1BR,1BA | $850 |
Courtyard Apartments | 1 Bed 1 Bath | 1BR,1BA | $880 |
Best Value Apartments for Rent in Lafayette, AL and Nearby
As of July 26, 2025 the best value apartment in the Lafayette area is the $0.70 price per square foot 3 Bedroom Flat Model at Creekside of Auburn in the in the Downtown Auburn neighborhood starting from $825. The second greatest value Lafayette apartment is the Two Bedrooms Model at Timber Trail starting at $745 with a $0.65 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Creekside of Auburn | 3 Bedroom Flat | 3BR,3BA | $0.70 |
Timber Trail | Two Bedrooms | 2BR,1BA | $0.65 |
The Vistas Apartments | Plaza | 2BR,2BA | $1.05 |
Colonial Arms Apartments | 2 bed 2 bath | 2BR,2BA | $0.91 |
Abbey Glen Apartment Homes | Standard 2:2 | 2BR,2BA | $1.24 |
The River Apartments | Channel | 1BR,1BA | $1.16 |
The Verandas Apartments | Piazza | 1BR,1BA | $1.22 |
Ten Oaks Manor | Two Bedrooms | 2BR,1BA | $0.95 |
The Reserve at Opelika | 1 Bed 1 Bath | 1BR,1BA | $1.20 |
Woodbend Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
Quick Rent Budget Calculator
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Best Local Schools in Lafayette, AL
Lafayette Eastside Elementary School
John P Powell Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lafayette, AL Rentals by Map
See the most popular apartments and homes in Lafayette, AL
Getting Around Lafayette, AL
Walk Score®
18 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 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 Lafayette Apartments
How much is rent for a Cheap One Bedroom Lafayette Apartment?
The lowest price for a Cheap One Bedroom Lafayette Apartment is $815 at Woodbend Apartments.
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 $675 at Ten Oaks Manor.
What is the most affordable Lafayette Three Bedroom Apartment?
The best deal on a cheap Lafayette Three Bedroom Apartment rental is at Timber Trail and starts from $790.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.