Cheap Apartments for Rent in the North Lafayette Parish Neighborhood of Lafayette, LA from $500 (136 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Lafayette Parish area of Lafayette.

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207 Lana Dr, Unit Apt. A
$675
Total Monthly Price

Total Monthly Price

Base Rent
$675
Total Monthly Price
$675
1 Bedroom Apartment Available Now

207 Lana Dr, Unit Apt. A

207 Lana DrLafayette, LA 70503
Affordability
  • Smoke Free
property at 214 St Thomas St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

1 Bedroom, 1 Bath Townhome for Rent

Available Now

214 St Thomas St, Unit Apt A

214 St Thomas St
LafayetteLA70506

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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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property at 304 Loire Ave

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

304 Loire Ave, Unit A-D

304 Loire Ave
LafayetteLA70507

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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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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property at 615 Madison St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

615 Madison St

LafayetteLA70501

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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North Lafayette Parish, Lafayette, LA Local Guide

Cheapest Available North Lafayette Parish Apartments for Rent

 

The cheapest available apartment rental in the North Lafayette Parish area of Lafayette, LA is a 1 Bed unit found at Diamond Lakes Apartment Homes priced from $753. Lila Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $757. Here are the most affordable North Lafayette Parish apartments for rent in Lafayette, LA:

Apartment ListingModel NameBed/BathPriced From
Diamond Lakes Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$753
Lila PlaceLPA11BR,1BA$757
Gallery Apartments1 Bedroom / 1 Bath - Plan E1BR,1BA$775
City Heights at Steeplechase1x11BR,1BA$780
Silver Creek ApartmentsOne Bed One Bath1BR,1BA$800
Landfair Apartments2/12BR,1BA$800
Acadian CrossingAcadian - StudioStudio,1BA$810
Acadian Point ApartmentsA1 1 BEDROOM 1 BATH1BR,1BA$814

Best Value Apartments for Rent in North Lafayette Parish, LA

As of June 11, 2026 the best value apartment in the North Lafayette Parish area is the $1.03 price per square foot B2 Model at The Highlands Lafayette in the in the Central Lafayette Parish neighborhood starting from $1,518. The second greatest value North Lafayette Parish apartment is the 2x2 Model at Loop Commons starting at $900 with a $0.64 price per square foot in the Central Lafayette Parish neighborhood. Here is today’s list of the best values for North Lafayette Parish apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Highlands LafayetteB22BR,2BA$1.03
Loop Commons2x22BR,2BA$0.64
101 Belgium St, Unit AD101 Belgium St2BR,1.5BA$0.76
Stonegate Apartments2x22BR,2BA$0.93
Whispering Oaks Apartments2x2 (Plan F)2BR,2BA$1.00
Eagle Run3BR/2BA Floor Plan3BR,2BA$1.04
The QuartersB2 Floor Plan (Burgundy) - Call for Availability2BR,2BA$0.83
Landfair Apartments2/12BR,1BA$0.92
Chateau Lafayette Apartments2 Bed 2 Bath II2BR,2BA$0.97
Theater Street ApartmentsB1 Floor Plan2BR,2BA$1.01

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
North Lafayette Parish, Lafayette, LA

Ranked #2

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
North Lafayette Parish, Lafayette, LA

School data provided by Great Schools

Frequently Asked Questions about Cheap North Lafayette Parish Apartments

What is a cheap apartment in North Lafayette Parish?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Lafayette Parish is under $814.

What is the price of a cheap apartment in North Lafayette Parish?

The cheapest apartment in North Lafayette Parish is Diamond Lakes Apartment Homes which is listed at $755, while the average apartment in North Lafayette Parish costs $1,855.

What types of apartments are the cheapest in North Lafayette Parish?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 83 regular apartments in North Lafayette Parish that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in North Lafayette Parish?

Cheap apartments in North Lafayette Parish have an average cost of $299 which is $1,556 cheaper than the average rent for all rentals in North Lafayette Parish.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.