Cheap Apartments for Rent in Lafayette, IN from $400 with Washer/Dryer (64 Rentals)

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

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Monon Place
$760 - $1,175
Total Monthly Price

Total Monthly Price

Base Rent
$760 - $1,175
Total Monthly Price
$760 - $1,175
2 Bedroom Apartments Available Jun 26

Monon Place

510 Salem StLafayette, IN 47904
Student Housing
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  • Utilities Included
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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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property at 1114 Cincinnati St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

1114 Cincinnati St

LafayetteIN47904

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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property at 1508 Broadway St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

2 Bedroom, 2 Bath Townhome for Rent

Available Now

1508 Broadway St

LafayetteIN47905

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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property at 2200 Stillwell St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

2200 Stillwell St

LafayetteIN47904
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1015 N 9th St, Unit A
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200
2 Bedroom Apartment Available Now

1015 N 9th St, Unit A

1015 N 9th StLafayette, IN 47904

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.

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Uptown West
Studio to 2 Bedroom Apartments

Uptown West

705-707 N 5th StLafayette, IN 47901
Student Housing
  • Utilities Included
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Armory Loft
Studio to 2 Bedroom Apartments

Armory Loft

802 N 9th StLafayette, IN 47904
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Northfield Commons
1 to 2 Bedroom Apartments

Northfield Commons

2100-2220 Banstead CtLafayette, IN 47904
  • Utilities Included
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Overlook Pointe
1 to 4 Bedroom Apartments

Overlook Pointe

726 Elston RdLafayette, IN 47909
  • Utilities Included
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911 N 9th St
1 to 2 Bedroom Apartments

911 N 9th St

911 N 9th StLafayette, IN 47904
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Schultz Lofts
Studio to 2 Bedroom Apartments

Schultz Lofts

216 N 4th StLafayette, IN 47901
  • Utilities Included
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High Point
1 Bedroom Apartments

High Point

809 N 6th StLafayette, IN 47904
  • 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.

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Lafayette, IN Local Guide

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.

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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.

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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 $841.

What is the price of a cheap apartment in Lafayette?

The cheapest apartment in Lafayette is Armory Loft which is listed at $760, while the average apartment in Lafayette costs $2,089.

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 41 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 $624 which is $1,465 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

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.