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$690 - $1,6501 to 3 Bedroom Apartments Available Now
Bayou Shadows Apartment Homes
101 Westwood DrLafayette, LA 70506
Cheap Apartments for Rent in the Downtown Lafayette Neighborhood of Lafayette, LA from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lafayette area of Lafayette.
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$700 - $8252 Bedroom Apartments Contact Us For Availability
Chateau Lafayette Apartments
124 Jomela StLafayette, LA 70503
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$750 - $9751 to 2 Bedroom Apartments Available Now
Whispering Oaks Apartments
550 Eraste Landry RdLafayette, LA 70506
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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$774 - $1,269Studio to 3 Bedroom Apartments Available Now
Holly Place
710 S College RdLafayette, LA 70503
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$785 - $1,7851 Bedroom Apartments Available Now
The Lofts at the Municipal
124 E Main StLafayette, LA 70501
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$804 - $1,3121 to 2 Bedroom Apartments Contact Us For Availability
Bottle Art Lofts
1506 Cameron StLafayette, LA 70501
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$810 - $1,205Studio to 1 Bedroom Apartments Available Now
Acadian Crossing/Utilities Included
2032 NE Evangeline TrwyLafayette, LA 70501
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$880 - $1,590Studio to 2 Bedroom Apartments Available Now
Vermilion Lofts
436 E Vermilion StLafayette, LA 70501
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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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.
Showing Results 1-18, Page 1 of 1
Downtown Lafayette, Lafayette, LA 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 | $835 | $774 | $970 |
| Downtown Lafayette 1 Bedroom Apartments | $1,132 | $690 | $1,785 |
| Downtown Lafayette 2 Bedroom Apartments | $1,056 | $540 | $1,844 |
| Downtown Lafayette 3 Bedroom Apartments | $977 | $530 | $2,202 |
| Downtown Lafayette 4 Bedroom Apartments | $682 | $601 | $754 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown Lafayette Neighborhood of Lafayette, LA.
See all Apartments in LafayetteExplore Lafayette
Downtown Lafayette, Lafayette, LA Local Guide
- Nearby Lafayette neighborhoods
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Cheapest Available Downtown Lafayette Apartments for Rent
The cheapest available apartment rental in the Downtown Lafayette area of Lafayette, LA is a 2 Beds unit found at Theater Street Apartments priced from $740. Whispering Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Downtown Lafayette apartments for rent in Lafayette, LA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Theater Street Apartments | B3UF Floor Plan | 2BR,2BA | $740 |
| Whispering Oaks Apartments | 1x1 500sf downstairs | 1BR,1BA | $750 |
| Eagle Run | 1BR Floor Plan | 1BR,1BA | $750 |
| Basswood | 1x1 Main Level Classic | 1BR,1BA | $750 |
| Lila Place | LPA1 | 1BR,1BA | $757 |
Best Value Apartments for Rent in Downtown Lafayette, LA
As of October 27, 2025 the best value apartment in the Downtown Lafayette area is the $1.10 price per square foot HPC1 Model at Holly Place in the in the Central Lafayette Parish neighborhood starting from $1,269. The second greatest value Downtown Lafayette apartment is the 2 Bedroom Model at Brooke Pointe starting at $1,081 with a $1.00 price per square foot in the Central Lafayette Parish neighborhood. Here is today’s list of the best values for Downtown Lafayette apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Holly Place | HPC1 | 3BR,2BA | $1.10 |
| Brooke Pointe | 2 Bedroom | 2BR,2BA | $1.00 |
| Vermilion Lofts | 2 Bedroom A | 2BR,2BA | $1.57 |
| River Oaks Apartments | 1x1TH | 1BR,1BA | $1.18 |
| The Genesis Lafayette | NOVA | 1BR,1BA | $1.38 |
| Basswood | 1x1 Main Level Renovated | 1BR,1BA | $1.28 |
| Eagle Run | 1BR Floor Plan | 1BR,1BA | $1.21 |
| 917 Myrtle Plz, Unit C | 917 Myrtle Plz | 1BR,1BA | $1.15 |
| Lila Place | LPA1 | 1BR,1BA | $1.34 |
| Whispering Oaks Apartments | 1x1 500sf downstairs | 1BR,1BA | $1.50 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleThe 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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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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Pet Friendly LifestyleDowntown Lafayette, Lafayette, LA
Ranked #3
Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Downtown Lafayette Neighborhood in Lafayette, LA
Walk Score®
88 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
70 / 100
Very Bikeable
Biking is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,042.
What is the price of a cheap apartment in Downtown Lafayette?
The cheapest apartment in Downtown Lafayette is Whispering Oaks Apartments which is listed at $750, while the average apartment in Downtown Lafayette costs $1,185.
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 49 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 $541 which is $644 cheaper than the average rent for all rentals in Downtown Lafayette.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.