Cheap 1 Bedroom Apartments for Rent in the Downtown Lafayette Neighborhood of Lafayette, IN from $535 (54 Rentals)

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 525 S 3rd St

$725 - $1,049

1 Bedroom Rentals

Available Now

525 S 3rd St

LafayetteIN47905

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.

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CNC Leasing Group
1 Bedroom Apartments

CNC Leasing Group

1031 N 6th StLafayette, IN 47904
  • Utilities Included
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911 N 9th Street
1 Bedroom Apartments

911 N 9th Street

911 N 9th StLafayette, IN 47904
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212 Tinkler
1 Bedroom Apartments

212 Tinkler

212 Tinkler StLafayette, IN 47901
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216 - 218 Tinkler
1 Bedroom Apartments

216 - 218 Tinkler

216-218 Tinkler StLafayette, IN 47901
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Armory Loft
1 Bedroom Apartments

Armory Loft

802 N 9th StLafayette, IN 47904

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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214 Perrin Ave
1 Bedroom Apartments

214 Perrin Ave

214 Perrin AveLafayette, IN 47901
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The Crossing
1 Bedroom Apartments

The Crossing

1616 Center StLafayette, IN 47905
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514-516 S 15th St
1 Bedroom Apartments

514-516 S 15th St

514-516 S 15th StLafayette, IN 47905

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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Downtown Lafayette, 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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Pet Friendly Lifestyle
Downtown Lafayette, Lafayette, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Lafayette Apartments

What is a cheap apartment in Downtown Lafayette?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Lafayette is under $800.

What is the price of a cheap apartment in Downtown Lafayette?

The cheapest apartment in Downtown Lafayette is Wall Street which is listed at $749, while the average apartment in Downtown Lafayette costs $1,214.

What types of apartments are the cheapest in Downtown 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 66 regular apartments in Downtown 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 Downtown Lafayette?

Cheap apartments in Downtown Lafayette have an average cost of $620 which is $594 cheaper than the average rent for all rentals in Downtown 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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.