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1 to 2 Bedroom Apartments
251 6th St
251 6th StLafayette, MN 56054
Cheap Apartments for Rent in Lafayette, MN from $427 (86 Rentals)
Search the lowest-cost Apartments available for rent right now in Lafayette.
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Rent Specials
$427 - $2,135
Total Monthly Price
Base Rent$427 - $2,135
Total Monthly Price$427 - $2,135
College Station
1341 Pohl RdMankato, MN 56001
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$595 - $750
Total Monthly Price
Base Rent$595 - $750
Total Monthly Price$595 - $750
512 Vernon Ave
512 Vernon AveMorgan, MN 56266
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$750 - $875
Total Monthly Price
Base Rent$750 - $875
Total Monthly Price$750 - $875
Colony Court Apartments
1621 Colony CtNorth Mankato, MN 56003
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$784
Total Monthly Price
Base Rent$784
Total Monthly Price$784
Sibley Estates (West)
509 Sibley Estate WWinthrop, MN 55396
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$792 - $822
Total Monthly Price
Base Rent$792 - $822
Total Monthly Price$792 - $822
Parkview Apartments
424 2nd St NBrownton, MN 55312
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$800 - $950
Total Monthly Price
Base Rent$800 - $950
Total Monthly Price$800 - $950
Autumn Glen Apartments
822 W Main St WArlington, MN 55307
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$825 - $857
Total Monthly Price
Base Rent$825 - $857
Total Monthly Price$825 - $857
Midway Apartments
122 4th Ave SBrownton, MN 55312
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$830 - $1,015
Total Monthly Price
Base Rent$830 - $1,015
Total Monthly Price$830 - $1,015
Maplewood Apartments
1320 N 5th StSt. Peter, MN 56082
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$840
Total Monthly Price
Base Rent$840
Total Monthly Price$840
Hartshorn Manor
23 Benzel Ave NWMadelia, MN 56062
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$885 - $1,175
Total Monthly Price
Base Rent$885 - $1,175
Total Monthly Price$885 - $1,175
Town's Edge Estates
1710 Newton Ave NGlencoe, MN 55336
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Rent Specials
$895 - $1,020
Total Monthly Price
Base Rent$895 - $1,020
Total Monthly Price$895 - $1,020
Le Sueur Apartments
411 N 3rd St NLe Sueur, MN 56058
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$918 - $1,218
Total Monthly Price
Base Rent$895 - $1,195
Required Monthly Fees$23
Total Monthly Price$918 - $1,218
Hoover Estates
1866 Lee BlvdNorth Mankato, MN 56003
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Rent Specials
$980 - $1,517
Total Monthly Price
Base Rent$950 - $1,487
Required Monthly Fees$30
Total Monthly Price$980 - $1,517
River Bluff Apartments
405 N 5th StMankato, MN 56001
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$985
Total Monthly Price
Base Rent$985
Total Monthly Price$985
Glenwood Terrace
107-115 Parkway AveMankato, MN 56001
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$995 - $1,495
Total Monthly Price
Base Rent$995 - $1,495
Total Monthly Price$995 - $1,495
Key City Group, LLC (BT)
442 Belgrade AveNorth Mankato, MN 56003
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$1,000
Total Monthly Price
Base Rent$1,000
Total Monthly Price$1,000
Commerce Apartments
1621-1633 Commerce DrNorth Mankato, MN 56003
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Rent Specials
$1,000 - $1,980
Total Monthly Price
Base Rent$1,000 - $1,980
Total Monthly Price$1,000 - $1,980
Highland Hills Apartments
1340 Warren StMankato, MN 56001
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$1,000 - $1,620
Total Monthly Price
Base Rent$1,000 - $1,620
Total Monthly Price$1,000 - $1,620
Sleepy Eye Apartments Homes
301 12th Ave SESleepy Eye, MN 56085
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Rent Specials
$1,000 - $1,620
Total Monthly Price
Base Rent$1,000 - $1,620
Total Monthly Price$1,000 - $1,620
Wolverine Meadows
630 Harvey DrGaylord, MN 55334
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$1,000 - $1,425
Total Monthly Price
Base Rent$1,000 - $1,425
Total Monthly Price$1,000 - $1,425
Tiller Place
128 2nd StLe Sueur, MN 56058
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$1,004 - $1,204
Total Monthly Price
Base Rent$1,004 - $1,204
Total Monthly Price$1,004 - $1,204
Southwood Flats
520 James AveMankato, MN 56001
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$1,020 - $1,540
Total Monthly Price
Base Rent$1,020 - $1,540
Total Monthly Price$1,020 - $1,540
Highfield Apartments
96 Denver Ave SEHutchinson, MN 55350
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$1,028 - $1,128
Total Monthly Price
Base Rent$1,028 - $1,128
Total Monthly Price$1,028 - $1,128
Village Court Apartments
1620 Village CtNorth Mankato, MN 56003
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Rent Specials
$1,036 - $1,895
Total Monthly Price
Base Rent$940 - $1,799
Required Monthly Fees$96
Total Monthly Price$1,036 - $1,895
The Grove at Mankato
200 Briargate RdMankato, MN 56001
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$1,050 - $1,150
Total Monthly Price
Base Rent$1,000 - $1,100
Required Monthly Fees$50
Total Monthly Price$1,050 - $1,150
STP Group, LLC (ROK)
410 S Minnesota AveSt. Peter, MN 56082
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$1,075
Total Monthly Price
Base Rent$1,075
Total Monthly Price$1,075
Cherry Square
500 S 2nd StMankato, MN 56001
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Rent Specials
$1,080 - $1,330
Total Monthly Price
Base Rent$1,050 - $1,300
Required Monthly Fees$30
Total Monthly Price$1,080 - $1,330
The Edge Apartments
1902 Warren StMankato, MN 56001
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$1,095 - $1,495
Total Monthly Price
Base Rent$1,095 - $1,495
Total Monthly Price$1,095 - $1,495
Capital Lofts
970 N 3rd StSt. Peter, MN 56082
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Rent Specials
$1,099 - $1,299
Total Monthly Price
Base Rent$1,099 - $1,299
Total Monthly Price$1,099 - $1,299
Cedar Meadow Apartments
701 S Victory DrMankato, MN 56001
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$1,100 - $1,350
Total Monthly Price
Base Rent$1,100 - $1,350
Total Monthly Price$1,100 - $1,350
520 6th St
520 6th StNicollet, MN 56074
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$1,120 - $1,899
Total 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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$1,142 - $1,297
Total Monthly Price
Base Rent$1,142 - $1,297
Total Monthly Price$1,142 - $1,297
Vista View Townhomes
1811 Vista View DrSt. Peter, MN 56082
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$1,150
Total Monthly Price
Base Rent$1,150
Total Monthly Price$1,150
Skyway Properties LLC
507 N Riverfront DrMankato, MN 56001
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Rent Specials
$1,150 - $1,300
Total Monthly Price
Base Rent$1,150 - $1,300
Total Monthly Price$1,150 - $1,300
Village Place Flats
210 Thomas DrMankato, MN 56001
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Rent Specials
$1,150 - $2,300
Total Monthly Price
Base Rent$1,150 - $2,300
Total Monthly Price$1,150 - $2,300
Huntington Hills Apartments & Townhomes
744 James AveMankato, MN 56001
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$1,167
Total Monthly Price
Base Rent$1,137
Required Monthly FeesVaries
Total Monthly PriceVaries
The Alma
105 E Walnut StMankato, MN 56001
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$1,175 - $1,400
Total Monthly Price
Base Rent$1,175 - $1,400
Total Monthly Price$1,175 - $1,400
Tiller+Main
101 Main StLe Sueur, MN 56058
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$1,175
Total Monthly Price
Base Rent$1,175
Total Monthly Price$1,175
Traverse Green
2021 Clark StSt. Peter, MN 56082
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$1,200
Total Monthly Price
Base Rent$1,200
Total Monthly Price$1,200
Woodridge Apartments
1647 Pleasant View DrNorth Mankato, MN 56003
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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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Rent Specials
$1,214 - $1,689
Total Monthly Price
Base Rent$1,175 - $1,650
Required Monthly Fees$39
Total Monthly Price$1,214 - $1,689
Legacy Park Estates
100 Dublin CtMankato, MN 56001
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$1,215 - $1,525
Total Monthly Price
Base Rent$1,215 - $1,525
Total Monthly Price$1,215 - $1,525
Dublin Road Townhomes
304-306 Dublin CtMankato, MN 56001
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$1,225 - $1,570
Total Monthly Price
Base Rent$1,225 - $1,570
Total Monthly Price$1,225 - $1,570
The Forde
1111 Range StNorth Mankato, MN 56003
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$1,250
Total Monthly Price
Base Rent$1,250
Total Monthly Price$1,250
Welco West
1901 Meridian StSt. Peter, MN 56082
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$1,250
Total Monthly Price
Base Rent$1,250
Total Monthly Price$1,250
Village Place Apartments of Mankato
100-104 Thomas DrMankato, MN 56001
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Rent Specials
$1,265 - $1,545
Total Monthly Price
Base Rent$1,265 - $1,545
Total Monthly Price$1,265 - $1,545
Highland Apartments
901 N Highland AveNew Ulm, MN 56073
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$1,300
Total Monthly Price
Base Rent$1,300
Total Monthly Price$1,300
Le Sueur Meadows
417 Turril StLe Sueur, MN 56058
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$1,300 - $1,690
Total Monthly Price
Base Rent$1,285 - $1,675
Required Monthly Fees$15
Total Monthly Price$1,300 - $1,690
Woodside Apartments
161-351 E Roosevelt CirMankato, MN 56001
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$1,300 - $1,800
Total Monthly Price
Base Rent$1,300 - $1,800
Total Monthly Price$1,300 - $1,800
Riverfront Court
115 S Riverfront DrMankato, MN 56001
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$1,315
Total Monthly Price
Base Rent$1,300
Required Monthly Fees$15
Total Monthly Price$1,315
Greenfield Estates I & II
870-880 Kingsway DrLe Sueur, MN 56058
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Showing Results 1-50, Page 1 of 2
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 | $1,143 | $1,000 | $1,315 |
| Lafayette 1 Bedroom Apartments | $1,222 | $595 | $2,155 |
| Lafayette 2 Bedroom Apartments | $1,387 | $695 | $2,155 |
| Lafayette 3 Bedroom Apartments | $1,534 | $1,015 | $2,415 |
| 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
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Cheapest Available Lafayette Apartments for Rent and Nearby
The cheapest available apartment rental in Lafayette, MN is a 5 Beds unit found at College Station in the University neighborhood priced from $427. 512 Vernon Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Lafayette apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| College Station | 5 Bedroom 2 bath | 5BR, 2BA | $427 |
| 512 Vernon Ave | One Bedroom | 1BR, 1BA | $595 |
| Colony Court Apartments | Cozy One Bedroom Enclave | 1BR, 1BA | $750 |
| Sibley Estates (West) | 1 Bed, 1 bath | 1BR, 1BA | $784 |
| Parkview Apartments | 1 Bedroom | 1BR, 1BA | $792 |
| Autumn Glen Apartments | One Bedroom | 1BR, 1BA | $800 |
| Midway Apartments | 1 Bed, 1 bath | 1BR, 1BA | $825 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR, 1BA | $840 |
| Town's Edge Estates | 1 Bedroom/1 Bath | 1BR, 1BA | $885 |
| Le Sueur Apartments | 1 Bedroom | 1BR, 1BA | $895 |
Best Value Apartments for Rent in Lafayette, MN and Nearby
As of September 18, 2026 the best value apartment in the Lafayette area is the $0.32 price per square foot 5 Bedroom 2 bath Model at College Station in the University neighborhood starting from $427. The second greatest value Lafayette apartment is the Three Bedroom Model at 219 6th St SW starting at $1,300 with a $1.06 price per square foot. 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. |
|---|---|---|---|
| College Station | 5 Bedroom 2 bath | 5BR, 2BA | $0.32 |
| 219 6th St SW | Three Bedroom | 3BR, 2BA | $1.06 |
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR, 1.5BA | $1.08 |
| Maplewood Apartments | 3 Beds, 1 bath | 3BR, 1BA | $1.02 |
| Key City Group, LLC (BT) | 2BR/1.0BA | 2BR, 1BA | $1.12 |
| Town's Edge Estates | 2 Bedroom/2 Bath S | 2BR, 1BA | $1.18 |
| Glenwood Terrace | 2 BR/ 1 BA | 2BR, 1BA | $1.19 |
| 512 Vernon Ave | Two Bedroom | 2BR, 1BA | $0.87 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR, 1BA | $1.12 |
| Colony Court Apartments | Cozy One Bedroom Enclave | 1BR, 1BA | $1.20 |
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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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.
Read ArticleReal 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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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 Place listed at $1,000.
How much is rent for a Cheap One Bedroom Lafayette Apartment?
The lowest price for a Cheap One Bedroom Lafayette Apartment is $595 at 512 Vernon Ave.
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 $695 at 512 Vernon Ave.
What is the most affordable Lafayette Three Bedroom Apartment?
The best deal on a cheap Lafayette Three Bedroom Apartment rental is at Maplewood Apartments and starts from $1,015.
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
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.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.