
Cheap Homes for Rent in LaFayette, KY from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in LaFayette.


23-423 Thompsonville Ln

19-419 Thompsonville Ln

24-424 Thompsonville Ln

119 Mace Ln

413 Debby St
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.

270 Thompsonville Ln

105 Zackary St

304 Jennifer St

131 Mace Ln

157 Mace Ln

315 Jennifer St
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.
LaFayette, KY Local Guide

How much does it cost to rent a home in LaFayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| LaFayette 2 Bedroom Homes for Rent | $1,238 | $900 | $1,400 |
| LaFayette 3 Bedroom Homes for Rent | $15,369 | $895 | $10,000+ |
| LaFayette 4 Bedroom Homes for Rent | $1,850 | $1,600 | $2,100 |
| LaFayette 5 Bedroom Homes for Rent | $2,430 | $2,430 | $2,430 |
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LaFayette, KY Local Guide
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Cheapest Available LaFayette Apartments for Rent and Nearby
 The cheapest available apartment rental in LaFayette, KY is a 1 Bed unit found at Whispering Hills Apartments priced from $699. Newton Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here is today’s list of the most affordable LaFayette apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Whispering Hills Apartments | 1Bed-1Bath | 1BR,1BA | $699 |
| Newton Place | 1Bed-1Bath | 1BR,1BA | $849 |
| Oak Meadows | 1 Bedroom | 1BR,1BA | $850 |
| Eagles Crest at Jack Miller | The Bowen | 1BR,1BA | $898 |
| Oak Tree Farms | 2 Bedroom, 1.5 Bath | 2BR,1BA | $930 |
Best Value Apartments for Rent in LaFayette, KY and Nearby
As of June 30, 2026 the best value apartment in the LaFayette area is the $0.92 price per square foot 3 Bedroom 2 Bath Model at Montgomery Commons in the starting from $1,237. The second greatest value LaFayette apartment is the 2 Beds, 2.5 Baths Model at Aviator Crossing starting at $1,400 with a $1.10 price per square foot . Here is today’s list of the best values for LaFayette apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Montgomery Commons | 3 Bedroom 2 Bath | 3BR,2BA | $0.92 |
| Aviator Crossing | 2 Beds, 2.5 Baths | 2BR,2.5BA | $1.10 |
| 120 Rose Edd Blvd | Rose Edd | 2BR,2BA | $1.00 |
| 1032 Glenkirk Dr | 2 Beds, 2.5 baths | 2BR,2.5BA | $1.00 |
| Wilshire Townhomes | 2BR | 2BR,1.5BA | $1.14 |
| Post Edge | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.10 |
| Ringgold Park | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.96 |
| Oak Tree Farms | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $0.93 |
| Whitehall Townhouses | 2Bed-1.5Bath | 2BR,1.5BA | $1.04 |
| Royster Lane | Unit 908 | 2BR,1BA | $1.08 |
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.
Read ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lafayette, KY Rentals by Map
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Frequently Asked Questions about LaFayette
What type of rentals are currently available in LaFayette?
There are currently 37 Apartments for Rent in LaFayette, KY with pricing that ranges from $699 to $1,990. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in LaFayette ranging from $630 to $99,995.
What is the current price range for Rental Homes in LaFayette?
Today's rental pricing for Homes for Rent, Condos and Townhomes in LaFayette ranges from $630 to $99,995 with an average monthly rent of $4,317.
How much are larger Three and Four Bedroom Rentals in LaFayette?
For those who are looking for larger living arrangements, Three Bedroom Apartments in LaFayette range from $1,049 to $1,644, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $99,995. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,600.
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

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.