Cheap Homes for Rent in Lafayette, LA from $700 (46 Rentals)

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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 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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 305 Ella St

305 Ella St

LafayetteLA70506
Showing Results 1-46, Page 1 of 1

Lafayette, LA Local Guide

Cheapest Neighborhoods for Apartments in Lafayette, LA

Pricing Updated: 06/11/2025

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$3,300$7806
Central Lafayette Parish$5,150$775108
North Lafayette Parish$5,150$750105

Cheapest Available Lafayette Apartments for Rent

 

The cheapest available apartment rental in Lafayette, LA is a Studio unit found at Acadian Crossing/Utilities Included in the Central Lafayette Parish neighborhood priced from $695. Chateau Lafayette Apartments in the Central Lafayette Parish neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Lafayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Acadian Crossing/Utilities IncludedAcadian - StudioStudio,1BA$695
Chateau Lafayette Apartments2 Bed 2 Bath I2BR,2BA$700
Whispering Oaks Apartments1x1 500sf downstairs1BR,1BA$725
Garden Heights ApartmentsOne Bed One Bath1BR,1BA$750
Lila PlaceLPA21BR,1BA$757
Stonegate Apartments1x11BR,1BA$760
Diamond Lakes Apartment Homes1 Bedroom1BR,1BA$791
Holly PlaceHPA11BR,1BA$795
Pinewoods ApartmentsOne bed One bath1BR,1BA$800
Brookwood (Patriot Point of Lafayette)2 Bed 1 Bath2BR,1BA$825

Best Value Apartments for Rent in Lafayette, LA

As of June 11, 2025 the best value apartment in the Lafayette area is the $0.91 price per square foot 3 Bed 3 Bath Model at Maison Bocage Apartments in the in the Central Lafayette Parish neighborhood starting from $1,645. The second greatest value Lafayette apartment is the 3 Bedroom Model at Brooke Pointe starting at $1,250 with a $0.99 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.
Maison Bocage Apartments3 Bed 3 Bath3BR,3BA$0.91
Brooke Pointe3 Bedroom3BR,2BA$0.99
Holly PlaceHPC13BR,2BA$1.10
Riverside At Oakbourne TownhomesTwo Bedroom2BR,1.5BA$1.11
Park Place Apartments2 Bedrooms/ 1.5 Bath2BR,1.5BA$0.96
Brookwood (Patriot Point of Lafayette)3 Bed 1 Bath3BR,1BA$1.04
Elora PlaceA11BR,1BA$1.15
Gallery Apartments2 Bedroom / 2 Bath - Plan C2BR,2BA$1.04
Chateau Lafayette Apartments2 Bed 2 Bath I2BR,2BA$0.93
Stonegate Apartments1x11BR,1BA$1.15

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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Frequently Asked Questions about Lafayette

What type of rentals are currently available in Lafayette?

There are currently 170 Apartments for Rent in Lafayette, LA with pricing that ranges from $509 to $3,650. There are also 130 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette ranging from $775 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 $775 to $7,000 with an average monthly rent of $2,283.

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 $509 to $3,521, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,075 and Four Bedroom Apartments start at $2,185.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.