
Cheap Apartments for Rent in the Downtown Lafayette Neighborhood of Lafayette, IN from $400 (126 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Downtown Lafayette area of Lafayette.


Total Monthly Price
500 N 5th St, Unit B

1206 Heath St

612-616 S 10th St

The Press

714 1/2 S 5th Street, Unit 714 1/2

520 N 7th St, Unit 1

822 Tippecanoe St, Unit 822 Tippecanoe Street #A

1500-1506 Perdue Street, Unit 1504

1402 Alabama St, Unit 1402 Alabama Street #1
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.

718-720 Cincinnati St

1601 Grove St

621-623 New York St

1608 Virginia St

Total Monthly Price
624 New York St, Unit B

1031-1033 N 20th Street, Unit 1031 N 20th Street

Total Monthly Price
1015 N 9th St, Unit A

205 S 6th St

822 Main St

Total Monthly Price
122 N 3rd St

Nova Tower

1024 Main St

423 N 3rd St

The Ellsworth

1512 Main St

Total Monthly Price
204 S 6th St, Unit Upstairs Unit

446-448 S 3rd St

920 N 9th St Rd, Unit 5

1626 Main St

CNC Leasing Group

Uptown West

CNC Leasing Group

Adams Earl Luxury Condos

Wall Street

Downtown Lafayette Living!

Where Comfort Meets Value

1416 Main Street

1218 Columbia St

1902 Salem St

800 N 8th St

Schultz Lofts

214 Perrin Ave

The Crossing

CNC Leasing Group

High Point

911 N 9th Street

514-516 S 15th St

1008 North St

Chestnut Street Apartments

1318 South St
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 | $1,443 | $500 | $2,000 |
| Downtown Lafayette 1 Bedroom Apartments | $1,723 | $595 | $2,675 |
| Downtown Lafayette 2 Bedroom Apartments | $1,908 | $800 | $3,200 |
| Downtown Lafayette 3 Bedroom Apartments | $1,611 | $1,005 | $3,600 |
| Downtown Lafayette 4 Bedroom Apartments | $1,272 | $955 | $1,850 |
Browse Apartments in this Neighborhood
There are currently 126 rentals with your search options within a 2 mile radius of the Downtown Lafayette Neighborhood of Lafayette, IN.
See all Apartments in LafayetteExplore Lafayette
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 $995.
What is the price of a cheap apartment in Downtown Lafayette?
The cheapest apartment in Downtown Lafayette is Stonecrest Apartments which is listed at $825, while the average apartment in Downtown Lafayette costs $2,050.
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 42 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 $637 which is $1,413 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

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.

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.

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.