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$451 - $1,182
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowLewis Lofts
209 Dewey StMankato, MN 56001
Cheap Apartments for Rent in Lafayette, MN from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Lafayette.
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$750 - $1,880
Plus Fees12 Month Lease Term
Studio to 5 Bedroom Apartments Available NowHighland Hills Apartments
1340 Warren StMankato, MN 56001
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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 - $1,600
Plus Fees
1 to 3 Bedroom Apartments Available Now442 Belgrade Ave
442 Belgrade AveNorth Mankato, MN 56003
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$835 - $1,175
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowVillage Place Apartments
100-104 Thomas DrMankato, MN 56001
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$840
Plus Fees
1 Bedroom Apartments Available NowHartshorn Manor
23 Benzel Ave NWMadelia, MN 56062
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$875 - $1,000
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityCommerce Apartments
1621-1633 Commerce DrNorth Mankato, MN 56003
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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
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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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 - $950
Plus Fees
Studio Apartments Available Feb 1Tiller+Main
101 Main StLe Sueur, MN 56058
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$900 - $1,100
Plus Fees
Studio Apartments Available NowTiller Place
128 2nd StLe Sueur, MN 56058
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$900 - $1,050
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now219 6th St SW
219 6th St SWMadelia, MN 56062
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$928 - $1,199
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowVillage Court Apartments
1620 Village CtNorth Mankato, MN 56003
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$975 - $1,200
Plus Fees
Studio to 2 Bedroom Apartments Available NowWelco West
1901 Meridian StSt. Peter, MN 56082
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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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$995 - $1,405
Plus Fees
1 to 2 Bedroom Apartments Available NowHighfield Apartments
96 Denver Ave SEHutchinson, MN 55350
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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Rent Specials
$1,000 - $1,620
Plus Fees
1 to 3 Bedroom Apartments Available Mar 1Sleepy 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 to 2 Bedroom Apartments
Southview Apartments
200 10th Ave SEFairfax, MN 55332
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1 Bedroom Apartments
Fairview Apartments
11 Park St NFairfax, MN 55332
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1 to 2 Bedroom Apartments
Autumn Glen Apartments
822 W Main St WArlington, MN 55307
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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
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1 to 2 Bedroom Apartments
131 W 11th St
131 W 11th StGibbon, MN 55335
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
Hillcrest Apartments
500 Boright StLe Sueur, MN 56058
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1 to 3 Bedroom Apartments
803 W Main St
803 W Main StArlington, MN 55307
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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
Henderson Apartments
235 N 8th StHenderson, MN 56044
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2 Bedroom Apartments
Le Sueur Meadows
417 Turril StLe Sueur, MN 56058
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2 Bedroom Apartments
Knollcrest
120-122 Knollcrest DrMankato, MN 56001
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2 to 3 Bedroom Apartments
501 4th St
501 4th StCourtland, MN 56021
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2 Bedroom Apartments
Rita Road
188-192 Rita RdMankato, 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.
Showing Results 1-32, Page 1 of 1
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 | $1,044 | $750 | $1,295 |
| Lafayette 1 Bedroom Apartments | $1,379 | $451 | $2,146 |
| Lafayette 2 Bedroom Apartments | $1,549 | $538 | $2,396 |
| Lafayette 3 Bedroom Apartments | $1,835 | $885 | $2,830 |
| Lafayette 4 Bedroom Apartments | $1,804 | $1,680 | $1,880 |
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
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Cheapest Available Lafayette Apartments for Rent and Nearby
The cheapest available apartment rental in Lafayette, MN is a 1 Bed unit found at Lewis Lofts in the University neighborhood priced from $451. Highland Hills Apartments in the University neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Lafayette apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lewis Lofts | 1a1t | 1BR,1BA | $451 |
| Highland Hills Apartments | Elm Tree Court | 1BR,1BA | $800 |
| Maplewood Apartments | 1 Bed, 1 bath | 1BR,1BA | $830 |
| Village Place Apartments | Studio | Studio,1BA | $835 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $840 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Tiller Place | Studio | Studio,1BA | $900 |
| Welco West | Studio | Studio,1BA | $975 |
Best Value Apartments for Rent in Lafayette, MN and Nearby
As of January 23, 2026 the best value apartment in the Lafayette area is the $1.19 price per square foot Fox Run Townhomes 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 Three Bedroom One Half Bathroom Model at Sibley Village Townhomes starting at $1,795 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 | Fox Run Townhomes | 3BR,2.5BA | $1.19 |
| Sibley Village Townhomes | Three Bedroom One Half Bathroom | 3BR,1.5BA | $1.16 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.17 |
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.03 |
| Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
| 219 6th St SW | Two Bedroom | 2BR,2BA | $1.10 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $0.92 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
| Maplewood Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.11 |
| Lewis Lofts | 1a1t | 1BR,1BA | $0.73 |
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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The 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 Village Place Apartments listed at $835.
How much is rent for a Cheap One Bedroom Lafayette Apartment?
The lowest price for a Cheap One Bedroom Lafayette Apartment is $451 at Lewis Lofts.
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 $950 at Highland Hills Apartments.
What is the most affordable Lafayette Three Bedroom Apartment?
The best deal on a cheap Lafayette Three Bedroom Apartment rental is at Highland Hills Apartments and starts from $885.
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
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.