
Cheap Apartments for Rent near Lafayette, AL from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Lafayette.


Timber Trail

Hillcrest Apartments

West Point Village

Ten Oaks Manor

Woodbend Apartments

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The Reserve at Opelika

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Courtyard Apartments
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.

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Pinehurst Villas Apartments

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Abbey Glen Apartment Homes

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The Verandas Apartments

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The River Apartments

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Colonial Arms Apartments

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Auburn Flats

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Club 34

The Woodlands
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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The Domain On Donahue

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Crossings of Opelika

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Village at Lakeside

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The Vistas Apartments

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Shelton Mill Townhomes

Paces at the Estates Apartments

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The Avery at Auburn

The Residences at Arbor Lake
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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1322 North Apartments

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Parc at Opelika

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Century Park

Woodland Hills

1013 N 1st St

1088 Co Rd 219

305 16th St

505 E 5th St
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.

1055 Co Rd 454

1521 Fitzpatrick Ave

1201 N 8th Ave

909 E 8th St

206 Webb Rd

449 N Donahue Dr

808 S 10th St

3307 Oakdale Dr
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.
Lafayette, AL Local Guide

How much does it cost to rent an apartment in Lafayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lafayette Studio Apartments | $1,300 | $1,300 | $1,300 |
| Lafayette 1 Bedroom Apartments | $1,244 | $615 | $2,512 |
| Lafayette 2 Bedroom Apartments | $1,488 | $145 | $2,276 |
| Lafayette 3 Bedroom Apartments | $2,012 | $850 | $2,556 |
| Lafayette 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Browse Top Apartments in Lafayette
See all Apartments in LafayetteExplore Lafayette
Lafayette, AL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Yugo Auburn North in the North Auburn neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $619. Here is today’s list of the most affordable Lafayette apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Timber Trail | 2BRMR | 2BR,1BA | $240 |
| Yugo Auburn North | 4 Bed, 3.5 Bath | 4BR,3BA | $619 |
| West Point Village | 1 Bed 1 Bath | 1BR,1BA | $650 |
| Ten Oaks Manor | Two Bedrooms | 2BR,1BA | $725 |
| Woodbend Apartments | 1 Bed 1 Bath | 1BR,1BA | $815 |
| The Reserve at Opelika | 1 Bed 1 Bath | 1BR,1BA | $865 |
| Courtyard Apartments | 1 Bed 1 Bath | 1BR,1BA | $920 |
| The Verandas Apartments | Piazza | 1BR,1BA | $961 |
| Abbey Glen Apartment Homes | Elite 1:1 | 1BR,1BA | $975 |
| The River Apartments | Channel | 1BR,1BA | $1,093 |
Best Value Apartments for Rent in Lafayette, AL and Nearby
As of July 08, 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 2 Bed, 2.5 Bath Classic Model at Yugo Auburn North starting at $829 with a $0.64 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 | 4 Bedroom Townhome | 4BR,4BA | $0.51 |
| Yugo Auburn North | 2 Bed, 2.5 Bath Classic | 2BR,2.5BA | $0.64 |
| Pinehurst Villas Apartments | 3BR/2BA | 3BR,2BA | $1.21 |
| The Vistas Apartments | Plaza | 2BR,2BA | $1.12 |
| Colonial Arms Apartments | 2 bed 2 bath | 2BR,2BA | $1.00 |
| Timber Trail | 2BR | 2BR,1BA | $0.84 |
| Abbey Glen Apartment Homes | Standard 2:2 | 2BR,2BA | $1.24 |
| Ten Oaks Manor | Two Bedrooms | 2BR,1BA | $1.02 |
| West Point Village | 1 Bed 1 Bath | 1BR,1BA | $0.92 |
| Woodbend Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
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.
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
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.