Cheap Homes for Rent in Lafayette, LA from $600 (50 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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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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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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property at 305 Ella St

305 Ella St

LafayetteLA70506

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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Lafayette, LA Local Guide

Cheapest Neighborhoods for Apartments in Lafayette, LA

Pricing Updated: 09/11/2025

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$500134
Central Lafayette Parish$1,750$500526
North Lafayette Parish$1,750$500461

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 $725. Gallery Apartments in the Central Lafayette Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Lafayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Whispering Oaks Apartments1x1 500sf downstairs1BR,1BA$725
Gallery Apartments1 Bedroom / 1 Bath - Plan E1BR,1BA$725
Garden Heights ApartmentsOne Bed One Bath1BR,1BA$750
Acadian Point ApartmentsA1 1 BEDROOM 1 BATH1BR,1BA$779
Holly PlaceHPA11BR,1BA$795
Pinewoods ApartmentsOne bed One bath1BR,1BA$800
Acadian Crossing/Utilities IncludedAcadian - StudioStudio,1BA$810
Diamond Lakes Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$817
BasswoodLarge 1x1 Main Level Classic1BR,1BA$825
Chateau Lafayette Apartments2 Bed 2 Bath II2BR,2BA$825

Best Value Apartments for Rent in Lafayette, LA

As of September 11, 2025 the best value apartment in the 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 Lafayette apartment is the 2br2ba 1166 Sq.Ft. Model at Bayou Shadows Apartment Homes starting at $1,115 with a $0.96 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 Pointe3 Bedroom3BR,2BA$0.99
Bayou Shadows Apartment Homes2br2ba 1166 Sq.Ft.2BR,2BA$0.96
Holly PlaceHPC13BR,2BA$1.10
Canterbury Square2 Bedroom2BR,2BA$1.05
River Oaks Apartments2x2A2BR,2BA$1.01
Elora PlaceA21BR,1BA$1.04
Park Place Apartments2 Bedrooms/ 1.5 Bath2BR,1.5BA$1.06
Greystone ApartmentsCambria2BR,1BA$1.13
Riverside At Oakbourne TownhomesOne Bedroom1BR,1BA$1.11
Chateau Lafayette Apartments2 Bed 2 Bath II2BR,2BA$0.97

Quick Rent Budget Calculator

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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 165 Apartments for Rent in Lafayette, LA with pricing that ranges from $500 to $3,650. There are also 199 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette ranging from $650 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 $650 to $7,000 with an average monthly rent of $2,150.

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 $583 to $2,415, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $3,600. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $651.

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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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.