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$4951 Bedroom Apartments Available Now
118 S 6th St
118 S 6th StLafayette, IN 47901
Cheap Apartments for Rent in the Downtown Lafayette Neighborhood of Lafayette, IN from $400 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lafayette area of Lafayette.
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$5951 Bedroom Apartments Available Now
124 S 6th St
124 S 6th StLafayette, IN 47901
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$625 - $1,000Studio to 1 Bedroom Apartments Available Now
Stonecrest Apartments
1901 Union StLafayette, IN 47904
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$640Studio Apartment Available Now
310 S 6th St, Unit 3
310 S 6th StLafayette, IN 47901
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$6501 Bedroom Apartment Available Feb 2
703 S 4th St, Unit 1
703 S 4th StLafayette, IN 47905
912 Roberts St
LafayetteIN47904
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$675 - $1,1651 to 2 Bedroom Apartments Available Now
Monon Place
510 Salem StLafayette, IN 47904
1206 Heath St
LafayetteIN47904
1437 Alabama St
LafayetteIN47905
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$750 - $1,495Studio to 4 Bedroom Apartments Available Now
Downtown Lafayette Living!
1214 Columbia StLafayette, IN 47901
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.
708 N 18th St
LafayetteIN47904
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$795 - $1,4951 to 4 Bedroom Apartments Available Now
Where Comfort Meets Value
522-524 S 15th StLafayette, IN 47905
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$800 - $1,3501 to 2 Bedroom Apartments Available Now
Historic Downtown Apartments II
1123 Main StLafayette, IN 47901
813 Wabash Ave
LafayetteIN47905
707 South St
LafayetteIN47901
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$850 - $2,380Studio to 2 Bedroom Apartments Available Now
The Luna Flats
615 Main StLafayette, IN 47901
822 N 7th St
LafayetteIN47904
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$8752 Bedroom Apartment Available Aug 17
1015 N 6th St, Unit 301
1015 N 6th StLafayette, IN 47904
811-813 Union St
LafayetteIN47904
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$900 - $1,375Studio to 1 Bedroom Apartments Available Now
The Press
217 N 6th StLafayette, IN 47901
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.
800-806 N 8th St
LafayetteIN47904
104 S 7th St
LafayetteIN47901
1707 Ferry St
LafayetteIN47901
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$995 - $1,1631 to 2 Bedroom Apartments Available Now
Vantage Pointe Apartments
901 S 4th StLafayette, IN 47905
1213 Elizabeth St
LafayetteIN47904
617 Oregon St
LafayetteIN47901
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1 Bedroom Apartments
1626 Main St
1626 Main StLafayette, IN 47904
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1 Bedroom Apartments
CNC Leasing Group
1031 N 6th StLafayette, IN 47904
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2 Bedroom Apartments
CNC Leasing Group
1500-1506 Perdue StLafayette, IN 47905
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Studio Apartments
CNC Leasing Group
639 Oregon StLafayette, IN 47901
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.
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2 Bedroom Apartments
Adams Earl Luxury Condos
900 N 21st StLafayette, IN 47904
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Studio to 1 Bedroom Apartments
CNC Leasing Group
1402 Alabama StLafayette, IN 47905
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Studio to 2 Bedroom Apartments
Uptown West
705-707 N 5th StLafayette, IN 47901
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Studio to 4 Bedroom Apartments
Downtown Lafayette Living!
635-639 Oregon StLafayette, IN 47901
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1 to 2 Bedroom Apartments
1218 Columbia St
1218 Columbia StLafayette, IN 47901
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Studio to 2 Bedroom Apartments
Schultz Lofts
216 N 4th StLafayette, IN 47901
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Studio to 1 Bedroom Apartments
214 Perrin Ave
214 Perrin AveLafayette, IN 47901
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1 to 2 Bedroom Apartments
The Crossing
1616 Center StLafayette, IN 47905
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2 Bedroom Apartments
CNC Leasing Group
638 N 8th StLafayette, IN 47901
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1 to 2 Bedroom Apartments
910-914 N 11th Street
910-914 N 11th StLafayette, IN 47904
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.
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Studio to 1 Bedroom Apartments
Wall Street
704 N 6th StLafayette, IN 47901
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1 Bedroom Apartments
High Point
809 N 6th StLafayette, IN 47904
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1 to 2 Bedroom Apartments
1529 Ferry Street Apartments
1529 Ferry StLafayette, IN 47901
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1 Bedroom Apartments
514-516 S 15th St
514-516 S 15th StLafayette, IN 47905
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Studio Apartments
800-806 N 8th / 718 Union
800 N 8th StLafayette, IN 47904
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2 Bedroom Apartments
The Emerson Apartments
716 Brown StLafayette, IN 47901
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1 Bedroom Apartments
Chestnut Street Apartments
255 Chestnut StLafayette, IN 47905
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2 Bedroom Apartments
The Union Apartments
905 Union StLafayette, IN 47904
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2 to 3 Bedroom Apartments
River Cross
915 N 6th StLafayette, IN 47904
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1 to 2 Bedroom Apartments
Hillside Apartments
1019-1031 Holloway StLafayette, IN 47905
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Downtown Lafayette, Lafayette, IN Local Guide
How much does it cost to rent an apartment in Downtown Lafayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lafayette Studio Apartments | $1,483 | $625 | $1,775 |
| Downtown Lafayette 1 Bedroom Apartments | $1,480 | $495 | $2,212 |
| Downtown Lafayette 2 Bedroom Apartments | $1,844 | $800 | $2,778 |
| Downtown Lafayette 3 Bedroom Apartments | $1,438 | $1,075 | $2,400 |
| Downtown Lafayette 4 Bedroom Apartments | $1,173 | $999 | $1,495 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 2 mile radius of the Downtown Lafayette Neighborhood of Lafayette, IN.
See all Apartments in LafayetteExplore Lafayette
Downtown Lafayette, Lafayette, IN Local Guide
- Nearby Lafayette neighborhoods
- Nearby Cities
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Cheapest Available Downtown Lafayette Apartments for Rent
The cheapest available apartment rental in the Downtown Lafayette area of Lafayette, IN is a Studio unit found at Stonecrest Apartments priced from $625. Downtown Lafayette Living! has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Downtown Lafayette apartments for rent in Lafayette, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stonecrest Apartments | Studio | Studio,1BA | $625 |
| Downtown Lafayette Living! | Studio | Studio,1BA | $750 |
| Where Comfort Meets Value | 1 Bedroom | 1BR,1BA | $795 |
| Historic Downtown Apartments II | 2x1 | 2BR,1BA | $800 |
| Monon Place | 2 Bedroom 2 Bath | 2BR,2BA | $830 |
| The Luna Flats | Luna Flats - 2Bed/2Bath (2C) - ***AVAILABLE NOW*** | 2BR,2BA | $850 |
| 910-914 N 11th Street | 1BR/1.0BA | 1BR,1BA | $850 |
| The Press | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in Downtown Lafayette, IN
As of January 15, 2026 the best value apartment in the Downtown Lafayette area is the $1.27 price per square foot 2BR/2.5BA Model at Brownstone Condominiums in the in the Downtown Lafayette neighborhood starting from $2,250. The second greatest value Downtown Lafayette apartment is the 518 N 5th St Model at 518 N 5th St, Unit 518 N 5th starting at $1,850 with a $1.17 price per square foot in the Downtown Lafayette neighborhood. Here is today’s list of the best values for Downtown Lafayette apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brownstone Condominiums | 2BR/2.5BA | 2BR,2.5BA | $1.27 |
| 518 N 5th St, Unit 518 N 5th | 518 N 5th St | 3BR,2.5BA | $1.17 |
| 2115 Main St, Unit 2115 | 2115 Main St | 2BR,1BA | $1.05 |
| Historic Lahr Apartments | 2.1 V | 2BR,1BA | $1.46 |
| Flats On Main | 2BR/1.0BA | 2BR,1BA | $1.18 |
| River Cross | 3 Bedroom-Standard | 3BR,1BA | $1.37 |
| 1203 Weaver St, Unit C | 1203 Weaver St | 1BR,1BA | $1.33 |
| Monon Place | 2 Bedroom 2 Bath | 2BR,2BA | $1.07 |
| Where Comfort Meets Value | 1 Bedroom | 1BR,1BA | $1.14 |
| Historic Downtown Apartments II | 2x1 | 2BR,1BA | $1.28 |
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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The 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.
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If you’re an expert on all things Downtown Lafayette, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown Lafayette, Lafayette, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $900.
What is the price of a cheap apartment in Downtown Lafayette?
The cheapest apartment in Downtown Lafayette is Downtown Lafayette Living! which is listed at $795, while the average apartment in Downtown Lafayette costs $1,999.
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 77 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 $1,113 which is $886 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
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!