Cheap Homes for Rent in Lafayette, LA from $600 (52 Rentals)

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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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Lafayette, LA Local Guide

Cheapest Neighborhoods for Apartments in Lafayette, LA

Pricing Updated: 10/27/2025

Current apartment rentals in the Lafayette, LA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lafayette Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Lafayette$1,185$530118
Central Lafayette Parish$1,750$530662
North Lafayette Parish$1,750$530565

Cheapest Available Lafayette Apartments for Rent

 

The cheapest available apartment rental in Lafayette, LA is a 2 Beds unit found at Theater Street Apartments in the Central Lafayette Parish neighborhood priced from $740. Whispering Oaks Apartments in the Central Lafayette Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Lafayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Theater Street ApartmentsB3UF Floor Plan2BR,2BA$740
Whispering Oaks Apartments1x1 500sf downstairs1BR,1BA$750
Eagle Run1BR Floor Plan1BR,1BA$750
Garden Heights ApartmentsOne Bed One Bath1BR,1BA$750
Basswood1x1 Main Level Classic1BR,1BA$750
Lila PlaceLPA11BR,1BA$757
Acadian Point ApartmentsA1 1 BEDROOM 1 BATH1BR,1BA$779
Lux of Lafayette1x11BR,1BA$799
Pinewoods ApartmentsOne bed One bath1BR,1BA$800

Best Value Apartments for Rent in Lafayette, LA

As of October 27, 2025 the best value apartment in the Lafayette area is the $1.00 price per square foot 2 Bedroom Model at Brooke Pointe in the in the Central Lafayette Parish neighborhood starting from $1,081. The second greatest value Lafayette apartment is the 2 Bedroom Model at Canterbury Square starting at $1,050 with a $1.00 price per square foot in the Central Lafayette Parish neighborhood. Here is today’s list of the best values for Lafayette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brooke Pointe2 Bedroom2BR,2BA$1.00
Canterbury Square2 Bedroom2BR,2BA$1.00
Maison Bocage Apartments2 Bed 2 Bath2BR,2BA$1.07
Diamond Lakes Apartment Homes2 Bedroom 2 Bath2BR,2BA$1.00
Stonegate Apartments2x22BR,2BA$0.93
French Colony2 Bedroom 2 Bathroom2BR,2BA$1.03
Cheyenne HeightsTwo Bed2BR,1BA$1.06
Elora PlaceOne Bedroom (a)1BR,1BA$1.05
Gallery Apartments2 Bedroom / 2 Bath - Plan C2BR,2BA$1.04
Willow GardensTHA21BR,1.5BA$0.96

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.

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The 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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Quick 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.

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Lafayette, LA
Population: 126,143

Ranked #219

in US Census Population by City

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Best Local Schools in
Lafayette, LA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lafayette, LA Rentals by Map

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See the most popular apartments and homes in Lafayette, LA

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Frequently Asked Questions about Lafayette

What type of rentals are currently available in Lafayette?

There are currently 168 Apartments for Rent in Lafayette, LA with pricing that ranges from $530 to $3,650. There are also 233 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette ranging from $695 to $7,000.

What is the current price range for Rental Homes in Lafayette?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lafayette ranges from $695 to $7,000 with an average monthly rent of $2,228.

How much are larger Three and Four Bedroom Rentals in Lafayette?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lafayette range from $530 to $2,202, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $601.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.