Cheap Studio Apartments for Rent in Lafayette, IN from $500 (42 Rentals)

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property at 1617 Ferry St

$725 - $1,000

Studio Rentals

Available Aug 1

1617 Ferry St

LafayetteIN47901

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Uptown West
Studio Apartments

Uptown West

705-707 N 5th StLafayette, IN 47901
Student Housing
  • Utilities Included
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Wall Street
Studio Apartments

Wall Street

704 N 6th StLafayette, IN 47901
Student Housing
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Armory Loft
Studio Apartments

Armory Loft

802 N 9th StLafayette, IN 47904

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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800 N 8th St
Studio Apartments

800 N 8th St

800 N 8th StLafayette, IN 47904
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214 Perrin Ave
Studio Apartments

214 Perrin Ave

214 Perrin AveLafayette, IN 47901
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514-518 Main St
Studio Apartments

514-518 Main St

514-518 Main StLafayette, IN 47901
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Varsity
Studio Apartments

Varsity

101 Andrew PlWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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Aberdeen
Studio Apartments

Aberdeen

250 S Salisbury StWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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The Josie
Studio Apartments

The Josie

427 N Salisbury StWest Lafayette, IN 47906
Student Housing
  • Utilities Included

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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112 Pierce St
Studio Apartments

112 Pierce St

112 Pierce StWest Lafayette, IN 47906
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The Vintage
Studio Apartments

The Vintage

230 S Grant StWest Lafayette, IN 47906
Student Housing
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Woodcrest
Studio Apartments

Woodcrest

102 Wood StWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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Pierce Street Suites
Studio Apartments

Pierce Street Suites

202 Pierce StWest Lafayette, IN 47906
Student Housing
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Parkview Apartments
Studio Apartments

Parkview Apartments

221 W Wood StWest Lafayette, IN 47906
Student Housing
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Grant Flats
Studio Apartments

Grant Flats

435 N Grant StWest Lafayette, IN 47906
Student Housing
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Lhotse
Studio Apartments

Lhotse

120 Wiggins StWest Lafayette, IN 47906
Student Housing
  • Utilities Included

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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Global Village
Studio Apartments

Global Village

139 Northwestern AveWest Lafayette, IN 47906
  • Utilities Included
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Grant Street Lofts
Studio Apartments

Grant Street Lofts

418 S Grant StWest Lafayette, IN 47906
Student Housing
Showing Results 1-42, Page 1 of 1

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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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.

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Best Local Schools in
Lafayette, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 Stonecrest Apartments which is listed at $625, while the average apartment in Lafayette costs $2,050.

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 $641 which is $1,409 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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.

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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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.