Cheap Homes for Rent in Downtown Lafayette Neighborhood of Lafayette, LA from $700 (6 Rentals)

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

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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. Theater Street Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $780. 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
Theater Street ApartmentsB3UF Floor Plan2BR,2BA$780
Lila PlaceLPA21BR,1BA$795

Best Value Apartments for Rent in Downtown Lafayette, LA

As of February 26, 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 $1,495 with a $1.25 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$1.25
Holly PlaceHPB22BR,1BA$0.93
Chateau Lafayette Apartments2 Bed 2 Bath II2BR,2BA$0.97
104 Nouveau Ln104 Nouveau Ln1BR,1BA$1.18
Landfair Complex2BR/1.0BA2BR,1BA$1.00
The Genesis LafayetteNOVA1BR,1BA$1.38
Lila PlaceLPA21BR,1BA$1.23
Eagle Run1BR Floor Plan1BR,1BA$1.29
411 W Taft St, Unit Apt. A411 W Taft St1BR,1BA$1.26

Frequently Asked Questions about Downtown Lafayette

What type of rentals are currently available in Downtown Lafayette?

There are currently 38 Apartments for Rent in Downtown Lafayette, LA with pricing that ranges from $500 to $2,238. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lafayette ranging from $795 to $2,200.

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 $795 to $2,200 with an average monthly rent of $1,421.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.