Cheap Apartments for Rent in Lafayette, LA from $500 (142 Rentals)

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Bridgeway Apartments II
Rent Specials
$598 - $1,360
Total Monthly Price

Total Monthly Price

Base Rent
$598 - $1,360
Total Monthly Price
$598 - $1,360
1 to 3 Bedroom Apartments Available Now

Bridgeway Apartments II

411 Dulles DrLafayette, LA 70506
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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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.

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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.

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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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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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Lafayette, LA Local Guide

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Cheapest Neighborhoods for Apartments in Lafayette, LA

Pricing Updated: 04/27/2026

Current apartment rentals in the Lafayette, LA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lafayette Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Lafayette$2,500$8257
Central Lafayette Parish$4,000$625160
North Lafayette Parish$4,000$600152

Cheapest Available Lafayette Apartments for Rent

 

The cheapest available apartment rental in Lafayette, LA is a 1 Bed unit found at Whispering Oaks Apartments in the Central Lafayette Parish neighborhood priced from $750. Garden Heights Apartments in the Central Lafayette Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Lafayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Whispering Oaks Apartments1x1 (Plan A)1BR,1BA$750
Garden Heights ApartmentsOne Bed One Bath1BR,1BA$750
Eagle Run1BR Floor Plan1BR,1BA$765
City Heights Steeplechase1x11BR,1BA$780
Patriot Point of Lafayette2 Bed 1 Bath2BR,1BA$785
Mimosa Place ApartmentsLarge One bedroom up stairs1BR,1BA$795
Diamond Lakes Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$799
The Arts Apartments At Broussard CrossingA11BR,1BA$799

Best Value Apartments for Rent in Lafayette, LA

As of April 27, 2026 the best value apartment in the Lafayette area is the $0.64 price per square foot 2x2 Model at Loop Commons in the in the Central Lafayette Parish neighborhood starting from $900. The second greatest value Lafayette apartment is the 3 Bedroom/ 2 Bathroom Model at Park Place Apartments starting at $1,295 with a $1.08 price per square foot in the Central Lafayette Parish neighborhood. Here is today’s list of the best values for Lafayette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Loop Commons2x22BR,2BA$0.64
Park Place Apartments3 Bedroom/ 2 Bathroom3BR,2BA$1.08
101 Belgium St, Unit AD101 Belgium St2BR,1.5BA$0.76
Patriot Point of Lafayette3 Bed 1 Bath3BR,1BA$1.06
Greystone ApartmentsCambria2BR,1BA$1.07
Cheyenne HeightsTwo Bed2BR,1BA$1.06
Pinewoods ApartmentsTwo bed One Full & 1 Half bath2BR,1.5BA$1.06
Landfair Complex2/12BR,1BA$0.92
Chateau Lafayette Apartments2 Bed 2 Bath II2BR,2BA$0.97
City Heights Steeplechase1x11BR,1BA$1.04

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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Cash 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.

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Quick 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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Lafayette Overview

Whether your interest lies in music, sports, art, or culture, Lafayette, Louisiana has something for you. Located in the southern part of the state, Lafayette is known for its diverse festivals, music, food, and cultural activities. Enjoy all the city has to offer in your very own Lafayette apartment.

Why live in Lafayette, LA?

What makes Lafayette so special is the diverse culture of the town. With a variety of cultures that provide the ethnic makeup of the town, you are able to find a range of music, food, and events to fill your days. The town hosts a variety of events throughout the year, such as Cajun Fairs, Creole Festivals, and Art walks. The area is also home to museums, clubs, and music venues that can fit anyone’s taste. Due to the variety of cuisine Lafayette has now been listed as one of the top foodie destinations.

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Lafayette, LA

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lafayette, LA Rentals by Map

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Frequently Asked Questions about Cheap Lafayette Apartments

What is the Cheapest Studio apartment in Lafayette?

Currently the most affordable Cheap Studio Apartment in Lafayette is at Acadian Crossing/Utilities Included listed at $810.

How much is rent for a Cheap One Bedroom Lafayette Apartment?

The lowest price for a Cheap One Bedroom Lafayette Apartment is $750 at Whispering Oaks Apartments.

What is the lowest price for a Cheap Two Bedroom Lafayette Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lafayette is starting from $785 at Patriot Point of Lafayette.

What is the most affordable Lafayette Three Bedroom Apartment?

The best deal on a cheap Lafayette Three Bedroom Apartment rental is at Patriot Point of Lafayette and starts from $965.

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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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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.