Cheap Homes for Rent in Downtown Lafayette Neighborhood of Lafayette, LA from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lafayette area of Lafayette.

327 General Mouton Ave

400 Lamar St

2610 NE Evangeline Thruway
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.

307 Monroe St

600 E University Ave
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.

310 Cleveland 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 | $1,068 | $825 | $1,350 |
| Downtown Lafayette 3 Bedroom Homes for Rent | $1,565 | $1,250 | $1,795 |
| Downtown Lafayette 4 Bedroom Homes for Rent | $2,150 | $2,150 | $2,150 |
| Downtown Lafayette 5 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Lafayette Neighborhood of Lafayette, LA.
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Downtown Lafayette, Lafayette, LA Local Guide
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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 Bayou Shadows Apartment Homes priced from $690. Eagle Run 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 |
|---|---|---|---|
| Bayou Shadows Apartment Homes | Efficiency 510Sq.Ft | 1BR,1BA | $690 |
| Eagle Run | 1BR Floor Plan | 1BR,1BA | $750 |
| Theater Street Apartments | B3UF Floor Plan | 2BR,2BA | $780 |
| Lila Place | LPA2 | 1BR,1BA | $795 |
| Acadian Crossing/Utilities Included | Acadian - Studio - ACC | Studio,1BA | $810 |
Best Value Apartments for Rent in Downtown Lafayette, LA
As of December 17, 2025 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 2x2 950sf upstairs Model at Whispering Oaks Apartments starting at $975 with a $1.03 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. |
|---|---|---|---|
| Brooke Pointe | 3 Bedroom | 3BR,2BA | $0.99 |
| Whispering Oaks Apartments | 2x2 950sf upstairs | 2BR,2BA | $1.03 |
| Holly Place | HPB2 | 2BR,1BA | $0.93 |
| Vermilion Lofts | 2 Bedroom A | 2BR,2BA | $1.57 |
| 104 Nouveau Ln, Unit 1 | 104 Nouveau Ln | 1BR,1BA | $1.13 |
| The Genesis Lafayette | NOVA | 1BR,1BA | $1.38 |
| Basswood | 1x1 Main Level Renovated | 1BR,1BA | $1.28 |
| Bayou Shadows Apartment Homes | 1br 1ba 650-653Sq.Ft. | 1BR,1BA | $1.43 |
| Lila Place | LPA2 | 1BR,1BA | $1.23 |
| Eagle Run | 1BR Floor Plan | 1BR,1BA | $1.21 |
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.
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.
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
Frequently Asked Questions about Downtown Lafayette
What type of rentals are currently available in Downtown Lafayette?
There are currently 35 Apartments for Rent in Downtown Lafayette, LA with pricing that ranges from $530 to $2,238. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lafayette ranging from $825 to $3,300.
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 $825 to $3,300 with an average monthly rent of $2,020.
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 $2,238, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $1,795. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $621.
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

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.

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.




