Cheap Apartments for Rent in the North Lafayette Parish Neighborhood of Lafayette, LA from $500 (204 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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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.

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property at 611 E University Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

611 E University Ave

LafayetteLA70503

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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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 River Oaks Apartments priced from $745. Bridgeway Apartments II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable North Lafayette Parish apartments for rent in Lafayette, LA:

Apartment ListingModel NameBed/BathPriced From
River Oaks Apartments1 Bedroom|1 Bath1BR,1BA$745
Bridgeway Apartments II1 Bed 1 Bath1BR,1BA$775
Landfair Complex2BR/1.0BA2BR,1BA$775
Gallery Apartments1 Bedroom / 1 Bath - Plan E1BR,1BA$775
City Heights Steeplechase1x11BR,1BA$780
Santa RosaSRSMRStudio,1BA$800
Eagle Run1BR Floor Plan1BR,1BA$805

Best Value Apartments for Rent in North Lafayette Parish, LA

As of July 27, 2026 the best value apartment in the North Lafayette Parish area is the $0.64 price per square foot 2x2 Model at The Commons at Ridge and Loop in the in the Central Lafayette Parish neighborhood starting from $900. The second greatest value North Lafayette Parish 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 North Lafayette Parish apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Commons at Ridge and Loop2x22BR,2BA$0.64
101 Belgium St, Unit AD101 Belgium St2BR,1.5BA$0.76
French Colony2 Bedroom 2 Bathroom2BR,2BA$1.04
The QuartersB2 Floor Plan (Burgundy) - Call for Availability2BR,2BA$0.84
Landfair Complex2/12BR,1BA$0.92
Whispering Oaks Apartments2x2 (Plan D)2BR,2BA$1.06
105 VIEUX ORLEANS CIR, Unit Apt D105 VIEUX ORLEANS CIR1BR,1BA$0.94
Theater Street ApartmentsB1 Floor Plan2BR,2BA$0.99
City Heights Steeplechase1x11BR,1BA$1.04
River Oaks Apartments1 Bedroom|1 Bath1BR,1BA$1.03

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

3.0
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 $805.

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

The cheapest apartment in North Lafayette Parish is River Oaks Apartments which is listed at $745, while the average apartment in North Lafayette Parish costs $1,875.

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 81 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 $268 which is $1,607 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.