
Cheap Homes for Rent in the Downtown Lafayette Neighborhood of Lafayette, LA from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lafayette area of Lafayette.


2719 Cameron St, Unit 3

426 General Mouton Ave

219 S Pierce St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

110 Cherry St

305 W Second St, Unit 210

307 Monroe St

427 General Mouton Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

327 Stewart St
Downtown Lafayette, Lafayette, LA Local Guide

How much does it cost to rent a home in Downtown Lafayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lafayette 2 Bedroom Homes for Rent | $1,225 | $1,000 | $1,600 |
| Downtown Lafayette 3 Bedroom Homes for Rent | $1,516 | $900 | $2,150 |
| Downtown Lafayette 4 Bedroom Homes for Rent | $2,350 | $2,350 | $2,350 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Lafayette Neighborhood of Lafayette, LA.
Explore Lafayette
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 River Oaks Apartments priced from $745. Landfair Complex has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here are the most affordable Downtown Lafayette apartments for rent in Lafayette, LA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Oaks Apartments | 1 Bedroom|1 Bath | 1BR,1BA | $745 |
| Landfair Complex | 2BR/1.0BA | 2BR,1BA | $775 |
| Eagle Run | 1BR Floor Plan | 1BR,1BA | $805 |
Best Value Apartments for Rent in Downtown Lafayette, LA
As of July 22, 2026 the best value apartment in the Downtown Lafayette area is the $1.14 price per square foot HPC1 Model at Holly Place in the in the Central Lafayette Parish neighborhood starting from $1,307. The second greatest value Downtown Lafayette apartment is the B2 Floor Plan (Burgundy) - Call for Availability Model at The Quarters starting at $767 with a $0.80 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 | $1.14 |
| The Quarters | B2 Floor Plan (Burgundy) - Call for Availability | 2BR,2BA | $0.80 |
| Landfair Complex | 2/1 | 2BR,1BA | $0.92 |
| Whispering Oaks Apartments | 2x2 (Plan D) | 2BR,2BA | $1.09 |
| Theater Street Apartments | B1 Floor Plan | 2BR,2BA | $0.99 |
| Lila Place | LPB1 | 2BR,1BA | $1.11 |
| River Oaks Apartments | 1 Bedroom|1 Bath | 1BR,1BA | $1.03 |
| Silver Creek Apartments | One Bed One Bath | 1BR,1BA | $1.27 |
| Eagle Run | 1BR Floor Plan | 1BR,1BA | $1.30 |
| 411 W Taft St, Unit Apt. C | 411 W Taft St | 1BR,1BA | $1.26 |
Frequently Asked Questions about Downtown Lafayette
What type of rentals are currently available in Downtown Lafayette?
There are currently 45 Apartments for Rent in Downtown Lafayette, LA with pricing that ranges from $530 to $1,719. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lafayette ranging from $900 to $2,350.
What is the current price range for Rental Homes in Downtown Lafayette?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lafayette ranges from $900 to $2,350 with an average monthly rent of $1,497.
How much are larger Three and Four Bedroom Rentals in Downtown Lafayette?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lafayette range from $530 to $1,719, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,150. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $611.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.