Cheap Homes for Rent in the Downtown Lafayette Neighborhood of Lafayette, IN from $710 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Lafayette area of Lafayette.

property at 811 N 14th St
$710

Total Monthly Price

Base Rent$710

Total Monthly Price$710
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

811 N 14th St

LafayetteIN47904
property at 519 S 1st St
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

519 S 1st St, Unit 519.5

519 S 1st St
LafayetteIN47905
property at 27 S 15th St
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Affordability

27 S 15th St

LafayetteIN47905
property at 415 N 11th St
$975

Total Monthly Price

Base Rent$975

Total Monthly Price$975
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

415 N 11th St

LafayetteIN47904

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.

property at 1123 Main St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1123 Main St

LafayetteIN47901

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Downtown Lafayette, Lafayette, IN Local Guide

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 Uptown West priced from $618. Stonecrest Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable Downtown Lafayette apartments for rent in Lafayette, IN:

Apartment ListingModel NameBed/BathPriced From
Uptown WestUptown West - Studio **PROMO PRICING**Studio,1BA$618
Stonecrest ApartmentsStudioStudio,1BA$625
5002BR/1.0BA2BR,1BA$675
Wall StreetWall Street - Unit 61BR,1BA$749
Armory Loft1 Bdr Triplex1BR,1BA$760

Best Value Apartments for Rent in Downtown Lafayette, IN

As of September 05, 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 2BR/2.0BA Model at 102 N 3rd Street starting at $1,750 with a $1.20 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Brownstone Condominiums2BR/2.5BA2BR,2.5BA$1.27
102 N 3rd Street2BR/2.0BA2BR,2BA$1.20
Adams Earl-900 N 21st2BR/1.5BA2BR,1.5BA$0.85
631 S 16th St, Unit 631631 S 16th St3BR,1BA$1.11
122 N 3rd St122 N 3rd St2BR,1BA$1.06
Salisbury PlaceSalisbury Place - 2027-28 Early Inquiry List3BR,2BA$0.93
1015 Main St, Unit 111015 Main St1BR,1BA$1.11
Victory on Salisbury3BR/1BA3BR,1BA$0.98
1102 N 10th St, Unit 41102 N 10th StStudio ,1BA$1.07
Wall StreetWall Street - Unit 61BR,1BA$1.24

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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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.

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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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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 Downtown Lafayette

What type of rentals are currently available in Downtown Lafayette?

There are currently 239 Apartments for Rent in Downtown Lafayette, IN with pricing that ranges from $535 to $9,999. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lafayette ranging from $710 to $3,998.

What is the current price range for Rental Homes in Downtown Lafayette?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lafayette ranges from $710 to $3,998 with an average monthly rent of $1,669.

How much are larger Three and Four Bedroom Rentals in Downtown Lafayette?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lafayette range from $779 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,025 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $729.

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

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.