
Cheap Homes for Rent in Lafayette, LA from $600 (44 Rentals)
Search the lowest-cost Homes available for rent right now in Lafayette.


214 St Thomas St, Unit Apt A, Unit Apt A

1514 W University Ave, Unit C

2012 1/2 Johnston St, Unit #5

715 Harding St, Unit 5, Unit 5

111 Dora St

1002 La Pl Ave

327 General Mouton Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

311 S Pierce St, Unit C

304 Loire Ave, Unit A-D, Unit A-D

402 Lamar St

706 Picard Rd

106 Doc Duhon St

1000 E Simcoe St

617 Lafayette St

505 E Main St
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.

3503 W Congress St

111 Sternberg Dr

125 Nancy Ln

127 Nancy Ln

800 N St Antoine St

3121 Johnston St

3121 Johnston St, Unit 227, Unit 227

413 Mary St
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.

423 Sampson St

1140 Madeline Ave

2826 Louisiana Ave

241 N Pine St

311 Hobson St

230 Herbert Rd

1002 E Simcoe St

201 High Meadows Blvd
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.

810 Fairmont Ln

600 E University Ave, Unit 7

107 S College Rd, Unit B, Unit B

219 Leon St, Unit 15

105 Gauthier Rd

305 Ella St

201 High Mdws

328 Theodora Blvd
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.

405 E Convent St

220 Doucet Rd

408 Harding St

2826 Louisiana Ave
Lafayette, LA Local Guide

How much does it cost to rent a home in Lafayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lafayette 2 Bedroom Homes for Rent | $1,517 | $795 | $4,200 |
| Lafayette 3 Bedroom Homes for Rent | $1,828 | $750 | $3,500 |
| Lafayette 4 Bedroom Homes for Rent | $1,951 | $950 | $3,450 |
| Lafayette 5 Bedroom Homes for Rent | $4,183 | $2,800 | $5,750 |
Browse Top Homes for Rent in Lafayette
Explore Lafayette
Lafayette, LA Local Guide
- Lafayette Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Lafayette, LA
Pricing Updated: 04/28/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Lafayette | $2,500 | $825 | 7 |
| Central Lafayette Parish | $4,000 | $625 | 168 |
| North Lafayette Parish | $4,000 | $600 | 157 |
Cheapest Available Lafayette Apartments for Rent
 The cheapest available apartment rental in Lafayette, LA is a 1 Bed unit found at Whispering Oaks Apartments in the Central Lafayette Parish neighborhood priced from $750. Eagle Run 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Whispering Oaks Apartments | 1x1 (Plan A) | 1BR,1BA | $750 |
| Eagle Run | 1BR Floor Plan | 1BR,1BA | $750 |
| Garden Heights Apartments | One Bed One Bath | 1BR,1BA | $750 |
| Diamond Lakes Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $777 |
| City Heights Steeplechase | 1x1 | 1BR,1BA | $780 |
| Patriot Point of Lafayette | 2 Bed 1 Bath | 2BR,1BA | $785 |
| Mimosa Place Apartments | Large One bedroom up stairs | 1BR,1BA | $795 |
| The Arts Apartments At Broussard Crossing | A1 | 1BR,1BA | $799 |
Best Value Apartments for Rent in Lafayette, LA
As of April 28, 2026 the best value apartment in the Lafayette area is the $0.64 price per square foot 2x2 Model at Loop Commons in the in the Central Lafayette Parish neighborhood starting from $900. The second greatest value Lafayette apartment is the 101 Belgium St Model at 101 Belgium St, Unit AD starting at $795 with a $0.76 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Loop Commons | 2x2 | 2BR,2BA | $0.64 |
| 101 Belgium St, Unit AD | 101 Belgium St | 2BR,1.5BA | $0.76 |
| Patriot Point of Lafayette | 3 Bed 1 Bath | 3BR,1BA | $1.06 |
| Greystone Apartments | Cambria | 2BR,1BA | $1.07 |
| Cheyenne Heights | Two Bed | 2BR,1BA | $1.06 |
| Pinewoods Apartments | Two bed One Full & 1 Half bath | 2BR,1.5BA | $1.06 |
| Eagle Run | 2BR/1.5BA Floor Plan | 2BR,1.5BA | $0.94 |
| Landfair Complex | 2/1 | 2BR,1BA | $0.92 |
| Chateau Lafayette Apartments | 2 Bed 2 Bath II | 2BR,2BA | $0.97 |
| City Heights Steeplechase | 1x1 | 1BR,1BA | $1.04 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleCash 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.
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.
Best Local Schools in Lafayette, LA
Milton Elementary School
Edgar Martin Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lafayette, LA Rentals by Map
See the most popular apartments and homes in Lafayette, LA
Frequently Asked Questions about Lafayette
What type of rentals are currently available in Lafayette?
There are currently 185 Apartments for Rent in Lafayette, LA with pricing that ranges from $530 to $3,650. There are also 179 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette ranging from $625 to $5,750.
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 $625 to $5,750 with an average monthly rent of $2,098.
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 $2,442, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,500. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $631.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.