
Cheap Apartments for Rent in the Central Lafayette Parish Neighborhood of Lafayette, LA from $500 (127 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Lafayette Parish area of Lafayette.


Bayou Shadows Apartment Homes

Patriot Point of Lafayette

214 St Thomas St, Unit Apt A

Diamond Lakes Apartment Homes

Gallery Apartments

Eagle Run

City Heights Steeplechase

Stonegate Apartments

101 Belgium St, Unit AD
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.

609 Jefferson Blvd

718 Harding St

311 S Pierce St

Silver Creek Apartments

Landfair Complex

327 General Mouton Ave

Pinewoods Apartments

Acadian Crossing/Utilities Included

Acadian Point Apartments

Brooke Pointe
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.

Chateau Lafayette Apartments

406 Voorhies St

1130 S Washington St

CityParc

Lila Place

Lux of Lafayette

104 Nouveau Ln

Total Monthly Price
228 Amelia St, Unit 228 Amelia #B

Greystone Apartments

The Arts Apartments At Broussard Crossing
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.

Willow Gardens

Emberwood

Peppertree Apartment Homes

Landry Commons

Vermilion Lofts

Canterbury Square

Bottle Art Lofts

Holly Place

Park Place Apartments

The Bradford Apartments
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.

Grove At Plantation

Mimosa Place Apartments

Maison Bocage

Mainstreet Annex at River Ranch

Whispering Oaks Apartments

Elora Place

600 E University Ave

The Plantation at Lafayette

The Monroe

Ansley Walk Apartments
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.
Central Lafayette Parish, Lafayette, LA Local Guide

How much does it cost to rent an apartment in Central Lafayette Parish?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Lafayette Parish Studio Apartments | $872 | $810 | $970 |
| Central Lafayette Parish 1 Bedroom Apartments | $1,126 | $690 | $2,850 |
| Central Lafayette Parish 2 Bedroom Apartments | $1,375 | $540 | $3,650 |
| Central Lafayette Parish 3 Bedroom Apartments | $1,767 | $530 | $2,442 |
| Central Lafayette Parish 4 Bedroom Apartments | $1,186 | $631 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 127 rentals with your search options within a 2 mile radius of the Central Lafayette Parish Neighborhood of Lafayette, LA.
See all Apartments in LafayetteExplore Lafayette
Central Lafayette Parish, Lafayette, LA Local Guide
- Nearby Lafayette neighborhoods
- Nearby Cities
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Cheapest Available Central Lafayette Parish Apartments for Rent
 The cheapest available apartment rental in the Central Lafayette Parish area of Lafayette, LA is a 1 Bed unit found at Gallery Apartments priced from $750. Stonegate Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable Central Lafayette Parish apartments for rent in Lafayette, LA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gallery Apartments | 1 Bedroom / 1 Bath - Plan E | 1BR,1BA | $750 |
| Stonegate Apartments | 1x1 | 1BR,1BA | $760 |
| Diamond Lakes Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $760 |
| Eagle Run | 1BR Floor Plan | 1BR,1BA | $765 |
| City Heights Steeplechase | 1x1 | 1BR,1BA | $780 |
| Patriot Point of Lafayette | 2 Bed 1 Bath | 2BR,1BA | $785 |
| Silver Creek Apartments | One Bed One Bath | 1BR,1BA | $800 |
| Landfair Complex | 2/1 | 2BR,1BA | $800 |
| Acadian Crossing/Utilities Included | Acadian - Studio | Studio,1BA | $810 |
Best Value Apartments for Rent in Central Lafayette Parish, LA
As of May 28, 2026 the best value apartment in the Central Lafayette Parish area is the $1.05 price per square foot 3 Bedroom Model at Canebrake Landings in the in the Central Lafayette Parish neighborhood starting from $1,700. The second greatest value Central Lafayette Parish apartment is the B2 Model at The Highlands Lafayette starting at $1,553 with a $1.05 price per square foot in the Central Lafayette Parish neighborhood. Here is today’s list of the best values for Central Lafayette Parish apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Canebrake Landings | 3 Bedroom | 3BR,2BA | $1.05 |
| The Highlands Lafayette | B2 | 2BR,2BA | $1.05 |
| Loop Commons | 2x2 | 2BR,2BA | $0.64 |
| Canterbury Square | 2 Bedroom | 2BR,2BA | $1.03 |
| 101 Belgium St, Unit AD | 101 Belgium St | 2BR,1.5BA | $0.76 |
| Whispering Oaks Apartments | 2x2 (Plan F) | 2BR,2BA | $1.00 |
| Landfair Complex | 2/1 | 2BR,1BA | $0.92 |
| Chateau Lafayette Apartments | 2 Bed 2 Bath II | 2BR,2BA | $0.97 |
| Theater Street Apartments | B1 Floor Plan | 2BR,2BA | $0.96 |
| City Heights Steeplechase | 1x1 | 1BR,1BA | $1.04 |
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.
Best Local Schools in Central Lafayette Parish, Lafayette, LA
Woodvale Elementary School
L.J. Alleman Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Central Lafayette Parish Apartments
What is a cheap apartment in Central Lafayette Parish?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Lafayette Parish is under $810.
What is the price of a cheap apartment in Central Lafayette Parish?
The cheapest apartment in Central Lafayette Parish is Diamond Lakes Apartment Homes which is listed at $721, while the average apartment in Central Lafayette Parish costs $1,875.
What types of apartments are the cheapest in Central Lafayette Parish?
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 78 regular apartments in Central Lafayette Parish 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 Central Lafayette Parish?
Cheap apartments in Central Lafayette Parish have an average cost of $335 which is $1,540 cheaper than the average rent for all rentals in Central Lafayette Parish.
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 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.

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.