
Cheap Apartments for Rent in Lafayette, AL from $600 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Lafayette.


Hillcrest Apartments

West Point Village

Ten Oaks Manor

Timber Trail

Woodbend Apartments

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The Reserve at Opelika

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Arbor Place

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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.

Pinehurst Villas Apartments

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Abbey Glen Apartment Homes

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The Verandas Apartments

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Colonial Arms Apartments

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The River Apartments

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Auburn Flats

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Club 34

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The Domain On Donahue

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 Vistas Apartments

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Shelton Mill Townhomes

Century Park

Paces at the Estates Apartments

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The Avery at Auburn

The Residences at Arbor Lake, a 55+ Community

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1322 North Apartments

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Parc at Opelika

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Village at Lakeside
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.

Woodland Hills

201 Jennings St

1905 28th St

1521 Fitzpatrick Ave

505 E 5th St

Condos at Mill Crk

3307 Oakdale Dr

116 Chester Ave

5515 Co Rd 158
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.

305 16th St
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 | $1,192 | $615 | $2,116 |
| Lafayette 2 Bedroom Apartments | $1,502 | $145 | $2,578 |
| Lafayette 3 Bedroom Apartments | $2,024 | $790 | $3,283 |
| 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
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- School Districts
Cheapest Available Lafayette Apartments for Rent and Nearby
 The cheapest available apartment rental in Lafayette, AL is a 4 Beds unit found at Yugo Auburn North in the North Auburn neighborhood priced from $619. West Point Village 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 | $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 | 1BR,1BA | $865 |
| Arbor Place | Two Bedroom One Bathroom | 2BR,1BA | $902 |
| Courtyard Apartments | 1 Bed 1 Bath | 1BR,1BA | $920 |
| Pinehurst Villas Apartments | 1BR/1BA | 1BR,1BA | $940 |
| The Verandas Apartments | Piazza | 1BR,1BA | $961 |
Best Value Apartments for Rent in Lafayette, AL and Nearby
As of May 24, 2026 the best value apartment in the Lafayette area is the $0.66 price per square foot 3 Bedroom Duplex Model at Creekside of Auburn in the in the Downtown Auburn neighborhood starting from $945. 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 | 3 Bedroom Duplex | 3BR,3BA | $0.66 |
| Yugo Auburn North | 2 Bed, 2.5 Bath Classic | 2BR,2.5BA | $0.64 |
| Timber Trail | Two Bedrooms | 2BR,1BA | $0.65 |
| The Vistas Apartments | Plaza | 2BR,2BA | $1.12 |
| Colonial Arms Apartments | 2 bed 2 bath | 2BR,2BA | $0.91 |
| Century Park | Decade | 2BR,2BA | $1.23 |
| Arbor Place | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
| Pinehurst Villas Apartments | 1BR/1BA | 1BR,1BA | $1.18 |
| Ten Oaks Manor | Two Bedrooms | 2BR,1BA | $0.95 |
| West Point Village | 1 Bed 1 Bath | 1BR,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 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 $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
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.