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$750 - $1,980
Plus Fees12 Month Lease Term
Studio to 5 Bedroom Apartments Available Aug 1Highland Hills Apartments
1340 Warren StMankato, MN 56001
Cheap Apartments for Rent in Lafayette, MN from $300 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Lafayette.
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$792 - $857
Plus Fees
1 to 2 Bedroom Apartments Available NowParkview Apartments
424 2nd St NBrownton, MN 55312
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$830 - $1,015
Plus Fees
1 to 3 Bedroom Apartments Available NowMaplewood Apartments
1320 N 5th StSt. Peter, MN 56082
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$835 - $1,500
Plus Fees
1 to 2 Bedroom Apartments Available Now442 Belgrade Ave
442 Belgrade AveNorth Mankato, MN 56003
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$840
Plus Fees
1 Bedroom Apartments Available NowHartshorn Manor
23 Benzel Ave NWMadelia, MN 56062
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$865
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowFairview Apartments
720 Ronell StSt. Peter, MN 56082
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Rent Specials
$880 - $985
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowGlenwood Terrace
107-115 Parkway AveMankato, MN 56001
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Rent Specials
$895 - $1,020
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowLe Sueur Apartments
411 N 3rd St NLe Sueur, MN 56058
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$900 - $1,175
Plus Fees
Studio to 1 Bedroom Apartments Available NowTiller+Main
101 Main StLe Sueur, MN 56058
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$900 - $1,525
Plus Fees
Studio to 2 Bedroom Apartments Available NowTiller Place
128 2nd StLe Sueur, MN 56058
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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$928 - $1,128
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowVillage Court Apartments
1620 Village CtNorth Mankato, MN 56003
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$980 - $1,630
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$950 - $1,600
Required Monthly Fees
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River Bluff Apartments
405 N 5th StMankato, MN 56001
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$995 - $1,545
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Studio to 2 Bedroom Apartments Available SoonHighland Apartments
901 N Highland AveNew Ulm, MN 56073
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$995 - $1,295
Plus Fees
1 to 2 Bedroom Apartments Available NowCherry Square
500 S 2nd StMankato, MN 56001
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Rent Specials
$1,000 - $1,620
Plus Fees
1 to 3 Bedroom Apartments Available NowSleepy Eye Apartments Homes
301 12th Ave SESleepy Eye, MN 56085
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Rent Specials
$1,000 - $1,620
Plus Fees
1 to 3 Bedroom Apartments Available NowWolverine Meadows
630 Harvey DrGaylord, MN 55334
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$1,000 - $2,400
Plus Fees12 Month Lease Term
1 to 5 Bedroom Apartments Available NowHuntington Hills Apartments & Townhomes
744 James AveMankato, MN 56001
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$1,000 - $1,050
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowVillage Place Apartments of Mankato
100-104 Thomas DrMankato, MN 56001
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$1,000
Plus Fees
2 Bedroom Apartments Available NowCommerce Apartments
1621-1633 Commerce DrNorth Mankato, MN 56003
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$1,020 - $1,540
Plus Fees
1 to 3 Bedroom Apartments Available NowHighfield Apartments
96 Denver Ave SEHutchinson, MN 55350
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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$1,065
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,050
Required Monthly Fees
$15
Total Monthly Price
$1,065
Hoover Estates
1866 Lee BlvdNorth Mankato, MN 56003
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$1,070 - $1,615
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,055 - $1,600
Required Monthly Fees
$15
Total Monthly Price
$1,070 - $1,615
Woodside Apartments
161-351 E Roosevelt CirMankato, MN 56001
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$1,075 - $1,500
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowGreenfield Estates I & II
870-880 Kingsway DrLe Sueur, MN 56058
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$1,080 - $1,330
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available May 15Total Monthly Price
Base Rent
$1,050 - $1,300
Required Monthly Fees
Varies
Total Monthly Price
Varies
The Edge Apartments
1902 Warren StMankato, MN 56001
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$1,095
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowCherry Ridge Apartments
101 Glenwood AveMankato, MN 56001
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$1,100
Plus Fees12 Month Lease Term
Studio Apartments Contact Us For AvailabilitySkyway Properties LLC
507 N Riverfront DrMankato, MN 56001
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$1,100
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowRita Road
188-192 Rita RdMankato, MN 56001
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$1,114 - $1,364
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSouthwood Flats
520 James AveMankato, MN 56001
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$1,120 - $1,899
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,120 - $1,899
Total Monthly Price
$1,120 - $1,899
Augusta Park Estates
1690 Premier DrMankato, MN 56001
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$1,131
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,101
Required Monthly Fees
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Total Monthly Price
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The Alma
105 E Walnut StMankato, MN 56001
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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$1,142 - $1,297
Plus Fees
2 to 3 Bedroom Apartments Available NowVista View Townhomes
1811 Vista View DrSt. Peter, MN 56082
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$1,175
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityTraverse Green West
2021 Clark StSt. Peter, MN 56082
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$1,200
Plus Fees
2 Bedroom Apartments Available NowWelco West
1901 Meridian StSt. Peter, MN 56082
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2 to 3 Bedroom Apartments
Sunrise Manor
500 Remmele St SWSleepy Eye, MN 56085
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1 to 2 Bedroom Apartments
Fairview Apartments
11 Park St NFairfax, MN 55332
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1 to 2 Bedroom Apartments
Lewis Lofts
209 Dewey StMankato, MN 56001
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1 to 2 Bedroom Apartments
Southview Apartments
200 10th Ave SEFairfax, MN 55332
633 S 2nd St
MankatoMN56001
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1 to 2 Bedroom Apartments
131 W 11th St
131 W 11th StGibbon, MN 55335
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1 to 2 Bedroom Apartments
Autumn Glen Apartments
822 W Main St WArlington, MN 55307
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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1 to 2 Bedroom Apartments
Autumn Glen Townhomes
502-510 W 8th StWinthrop, MN 55396
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1 to 2 Bedroom Apartments
36 Jefferson Ave E
36 Jefferson Ave EGaylord, MN 55334
326 E Washington St
MankatoMN56001
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2 Bedroom Apartments
522 6th St Apartments
522 6th St SNew Ulm, MN 56073
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1 to 3 Bedroom Apartments
803 W Main St
803 W Main StArlington, MN 55307
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1 to 2 Bedroom Apartments
219 6th St SW
219 6th St SWMadelia, MN 56062
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1 to 3 Bedroom Apartments
Henderson Apartments
235 N 8th StHenderson, MN 56044
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2 Bedroom Apartments
Town Edge Estates
820 Main AveGaylord, MN 55334
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1 to 2 Bedroom Apartments
Hillcrest Apartments
500 Boright StLe Sueur, MN 56058
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2 Bedroom Apartments
Knollcrest
120-122 Knollcrest DrMankato, MN 56001
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.
Lafayette, MN Local Guide
Snow Geese Migrating by USFWS Midwest Region is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lafayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lafayette Studio Apartments | $1,042 | $750 | $1,315 |
| Lafayette 1 Bedroom Apartments | $1,294 | $792 | $2,150 |
| Lafayette 2 Bedroom Apartments | $1,517 | $857 | $2,370 |
| Lafayette 3 Bedroom Apartments | $1,833 | $1,015 | $2,794 |
| Lafayette 4 Bedroom Apartments | $1,880 | $1,780 | $1,980 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Lafayette
See all Apartments in LafayetteExplore Lafayette
Lafayette, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lafayette Apartments for Rent and Nearby
The cheapest available apartment rental in Lafayette, MN is a 1 Bed unit found at Parkview Apartments priced from $792. Maplewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable Lafayette apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkview Apartments | 1 Bed, 1 bath | 1BR,1BA | $792 |
| Maplewood Apartments | 1 Bed, 1 bath | 1BR,1BA | $830 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $840 |
| Lewis Lofts | 1a1t | 1BR,1BA | $855 |
| Fairview Apartments | 1 Bedroom | 1BR,1BA | $865 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Tiller+Main | Studio | Studio,1BA | $900 |
| Tiller Place | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in Lafayette, MN and Nearby
As of May 06, 2026 the best value apartment in the Lafayette area is the $1.19 price per square foot 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value Lafayette apartment is the Two Bedroom One Half Bathroom Model at Sibley Village Townhomes starting at $1,575 with a $1.16 price per square foot in the University neighborhood. Here is today’s list of the best values for Lafayette apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Run Townhomes | 3 bed 2.5 bath (Exterior) | 3BR,2.5BA | $1.19 |
| Sibley Village Townhomes | Two Bedroom One Half Bathroom | 2BR,1.5BA | $1.16 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.19 |
| Legacy Park Estates | Three Bedroom 1.75 Bathroom | 3BR,1.75BA | $1.22 |
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.08 |
| Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
| Welco West | 2 Bedroom | 2BR,1BA | $1.21 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $1.04 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
| Maplewood Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.11 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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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See the most popular apartments and homes in Lafayette, MN
Frequently Asked Questions about Cheap Lafayette Apartments
What is the Cheapest Studio apartment in Lafayette?
Currently the most affordable Cheap Studio Apartment in Lafayette is at Tiller+Main listed at $900.
How much is rent for a Cheap One Bedroom Lafayette Apartment?
The lowest price for a Cheap One Bedroom Lafayette Apartment is $792 at Parkview Apartments.
What is the lowest price for a Cheap Two Bedroom Lafayette Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lafayette is starting from $857 at Parkview Apartments.
What is the most affordable Lafayette Three Bedroom Apartment?
The best deal on a cheap Lafayette Three Bedroom Apartment rental is at Vista View Townhomes and starts from $1,297.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.