
Cheap 2 Bedroom Apartments for Rent in Lafayette, IN from $675 (98 Rentals)


Historic Downtown Apartments II

The Luna Flats

1226 Greenbush St

811-813 Union St

911 N 9th St Rd, Unit #5

Total Monthly Price
729 S 30th St, Unit 1, Unit 1

Shenandoah Properties

Chauncey Village

Downtown Lafayette Living!
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.

Hawthorne Properties

The Ridge 2

2433 Oxford St

2017 Elmwood Ave

Vantage Pointe Apartments

Waterford Court

Georgetown South

1700-1702 N 12th St

Concord Crossing

Burberry Place Apartments
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.

1500-1506 Perdue Street, Unit 1504

612-614 N. 13th Street, Unit 614

2851-2853 Plaza Ln

1015 Courtland Ave

Ashley Oaks Apartments

Twyckenham Apartments

Murdock Gardens Apartments

1601 Grove St

The Ravine Apartment Homes

Windemere Apartments
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.

Crosspoint Apartments

Village Square Apartments

Winfield Farms - Garages Available

Deerfield Commons Apartments

Churchwoods Apartments

McCarty Place Apartments

Anvil 38 Apartments

Total Monthly Price
2115 Main St, Unit 2115, Unit 2115

Foxfire at Valley Lakes

Elston Point
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.

Cypress Square

The Reserve at Madison Flatts

Cross Winds Apartments

Southern Winds Apartments

2701-2703 Plaza Ln

Total Monthly Price
817 N 900 E, Unit 1, Unit 1

Southridge Commons

The Harbor at Southaven

Portledge Commons

CNC Leasing Group
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.
Lafayette, IN Local Guide

How much does it cost to rent an apartment in Lafayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lafayette Studio Apartments | $1,419 | $500 | $2,449 |
| Lafayette 1 Bedroom Apartments | $1,348 | $595 | $3,048 |
| Lafayette 2 Bedroom Apartments | $1,523 | $675 | $3,454 |
| Lafayette 3 Bedroom Apartments | $1,494 | $649 | $3,600 |
| Lafayette 4 Bedroom Apartments | $1,480 | $1,029 | $2,460 |
Explore Lafayette
Lafayette, IN Local Guide
- Lafayette Neighborhoods
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lafayette, IN Rentals by Map
See the most popular apartments and homes in Lafayette, IN
Frequently Asked Questions about Cheap Lafayette Apartments
What is a cheap apartment in Lafayette?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lafayette is under $775.
What is the price of a cheap apartment in Lafayette?
The cheapest apartment in Lafayette is Launch which is listed at $719, while the average apartment in Lafayette costs $1,989.
What types of apartments are the cheapest in Lafayette?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 62 regular apartments in Lafayette that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lafayette?
Cheap apartments in Lafayette have an average cost of $796 which is $1,193 cheaper than the average rent for all rentals in Lafayette.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.