Cheap Homes for Rent in the North Lafayette Parish Neighborhood of Lafayette, LA from $500 (88 Rentals)

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

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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.

property at 511 Ray Ave

$875 - $1,500

Total Monthly Price

Total Monthly Price

Base Rent
$875 - $1,500

Total Monthly Price
$875 - $1,500

2 To 3 Bedroom Homes for Rent

Available Now

511 Ray Ave

LafayetteLA70506

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.

property at 1301 St John St

$900 - $1,200

2 Bedroom Rentals

Available Now

1301 St John St

LafayetteLA70506
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
property at 800 Fox Run Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

800 Fox Run Ave, Unit 4

800 Fox Run Ave
LafayetteLA70508

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.

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 Landfair Complex priced from $715. River Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable North Lafayette Parish apartments for rent in Lafayette, LA:

Apartment ListingModel NameBed/BathPriced From
Landfair Complex1/1 (Unit #23 only)1BR,1BA$715
River Oaks Apartments1 Bedroom|1 Bath1BR,1BA$745
Lila PlaceLPA11BR,1BA$757
Gallery Apartments1 Bedroom / 1 Bath - Plan E1BR,1BA$775
City Heights Steeplechase1x11BR,1BA$780
Santa RosaSRSMRStudio,1BA$800

Best Value Apartments for Rent in North Lafayette Parish, LA

As of August 07, 2026 the best value apartment in the North Lafayette Parish area is the $0.49 price per square foot Vermillion Model at Cottage Landing in the in the Central Lafayette Parish neighborhood starting from $775. The second greatest value North Lafayette Parish apartment is the 2x2 Model at The Commons at Ridge and Loop 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.
Cottage LandingVermillion3BR,3BA$0.49
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
Pinewoods ApartmentsTwo bed One Full & 1 Half bath2BR,1.5BA$1.06
Whispering Oaks Apartments2x2 (Plan D)2BR,2BA$1.06
105 VIEUX ORLEANS CIR, Unit Apt D105 VIEUX ORLEANS CIR1BR,1BA$0.94
City Heights Steeplechase1x11BR,1BA$1.04
107 Coulee Dr, Unit D107 Coulee Dr1BR,1BA$0.93
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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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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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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Frequently Asked Questions about North Lafayette Parish

What type of rentals are currently available in North Lafayette Parish?

There are currently 197 Apartments for Rent in North Lafayette Parish, LA with pricing that ranges from $509 to $3,650. There are also 236 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Lafayette Parish ranging from $525 to $5,500.

What is the current price range for Rental Homes in North Lafayette Parish?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Lafayette Parish ranges from $525 to $5,500 with an average monthly rent of $1,717.

How much are larger Three and Four Bedroom Rentals in North Lafayette Parish?

For those who are looking for larger living arrangements, Three Bedroom Apartments in North Lafayette Parish range from $509 to $2,673, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $611.

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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.