Cheap Apartments for Rent in the Downtown Lafayette Neighborhood of Lafayette, LA from $500 (19 Rentals)

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

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Uptown Lofts
Studio to 3 Bedroom Apartments

Uptown Lofts

519 S Pierce StLafayette, LA 70501
  • Utilities Included

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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 1 Bed unit found at Whispering Oaks Apartments priced from $750. Landfair Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Downtown Lafayette apartments for rent in Lafayette, LA:

Apartment ListingModel NameBed/BathPriced From
Whispering Oaks Apartments1x1 (Plan A)1BR,1BA$750
Landfair Apartments2BR/1.0BA2BR,1BA$750
Eagle Run1BR Floor Plan1BR,1BA$750
Theater Street ApartmentsB3UF Floor Plan2BR,2BA$780
Acadian Crossing/Utilities IncludedAcadian - StudioStudio,1BA$810

Best Value Apartments for Rent in Downtown Lafayette, LA

As of February 03, 2026 the best value apartment in the Downtown Lafayette area is the $0.99 price per square foot 3 Bedroom Model at Brooke Pointe in the in the Central Lafayette Parish neighborhood starting from $1,250. The second greatest value Downtown Lafayette apartment is the Townhome Model at Cottages Downtown starting at $1,395 with a $1.16 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Brooke Pointe3 Bedroom3BR,2BA$0.99
Cottages DowntownTownhome2BR,2.5BA$1.16
Holly PlaceHPB22BR,1BA$0.93
Landfair Apartments2BR/1.0BA2BR,1BA$0.94
Lila PlaceLPB12BR,1BA$1.10
104 Nouveau Ln, Unit 1104 Nouveau Ln1BR,1BA$1.13
The Genesis LafayetteNOVA1BR,1BA$1.38
Bayou Shadows Apartment Homes1br 1ba 650-653Sq.Ft.1BR,1BA$1.66
Eagle Run1BR Floor Plan1BR,1BA$1.21
Whispering Oaks Apartments1x1 (Plan A)1BR,1BA$1.50

Frequently Asked Questions about Cheap Downtown Lafayette Apartments

What is the Cheapest Studio apartment in Downtown Lafayette?

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

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lafayette is starting from $750 at Landfair Apartments.

What is the most affordable Downtown Lafayette Three Bedroom Apartment?

The best deal on a cheap Downtown Lafayette Three Bedroom Apartment rental is at Eagle Run and starts from $1,020.

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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.