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$595 - $750
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now512 Vernon Ave
512 Vernon AveMorgan, MN 56266
Cheap Apartments for Rent in Lafayette, MN from $300 (83 Rentals)
Search the lowest-cost Apartments available for rent right now in Lafayette.
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Rent Specials
$750 - $1,980
Total Monthly Price12 Month Lease Term
Studio to 5 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$750 - $1,980
Total Monthly Price
$750 - $1,980
Highland Hills Apartments
1340 Warren StMankato, MN 56001
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$792 - $857
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityParkview Apartments
424 2nd St NBrownton, MN 55312
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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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$840
Plus Fees
1 Bedroom Apartments Available NowHartshorn Manor
23 Benzel Ave NWMadelia, MN 56062
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$865 - $1,155
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Jul 10Fairview 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 Aug 1Glenwood Terrace
107-115 Parkway AveMankato, MN 56001
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$885 - $1,175
Plus Fees
1 to 3 Bedroom Apartments Available NowTown's Edge Estates
1710 Newton Ave NGlencoe, MN 55336
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$895 - $995
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHillcrest Apartments
500 Boright StLe Sueur, MN 56058
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Rent Specials
$895 - $1,000
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowLe Sueur Apartments
411 N 3rd St NLe 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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$900 - $1,400
Plus Fees
Studio to 2 Bedroom Apartments Available NowTiller+Main
101 Main StLe Sueur, MN 56058
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Rent Specials
$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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$970 - $1,829
Total Monthly Price11 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$940 - $1,799
Required Monthly Fees
$30
Total Monthly Price
$970 - $1,829
The Grove at Mankato
200 Briargate RdMankato, MN 56001
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$975 - $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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$995
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowCherry Ridge Apartments
101 Glenwood AveMankato, MN 56001
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$995 - $1,545
Plus Fees
Studio to 2 Bedroom Apartments Available Aug 1Highland Apartments
901 N Highland AveNew Ulm, MN 56073
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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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$1,000 - $1,400
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRock Ridge Apartments
604 Knight StSt. Peter, MN 56082
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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 Jul 15Wolverine Meadows
630 Harvey DrGaylord, MN 55334
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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$1,020 - $1,540
Plus Fees
1 to 3 Bedroom Apartments Available NowHighfield Apartments
96 Denver Ave SEHutchinson, MN 55350
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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 - $1,690
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available Jul 15Total Monthly Price
Base Rent
$1,055 - $1,675
Required Monthly Fees
$15
Total Monthly Price
$1,070 - $1,690
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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$1,075 - $1,195
Plus Fees
1 to 2 Bedroom Apartments Available NowCherry Square
500 S 2nd StMankato, MN 56001
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Rent Specials
$1,080 - $1,330
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,050 - $1,300
Required Monthly Fees
Varies
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The Edge Apartments
1902 Warren StMankato, MN 56001
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Rent Specials
$1,100 - $1,530
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,070 - $1,500
Required Monthly Fees
Varies
Total Monthly Price
Varies
River Bluff Apartments
405 N 5th StMankato, 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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$1,114 - $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
Cash 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.
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$1,131 - $1,167
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,101 - $1,137
Required Monthly Fees
Varies
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The Alma
105 E Walnut StMankato, MN 56001
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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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$1,150 - $2,350
Plus Fees12 Month Lease Term
2 to 5 Bedroom Apartments Available NowHuntington Hills Apartments & Townhomes
744 James AveMankato, MN 56001
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$1,175
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityTraverse Green
2021 Clark StSt. Peter, MN 56082
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$1,175 - $1,525
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,125 - $1,475
Required Monthly Fees
$50
Total Monthly Price
$1,175 - $1,525
RoK Lofts
410 S Minnesota AveSt. Peter, MN 56082
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Rent Specials
$1,214 - $1,689
Total Monthly Price
1 to 3 Bedroom Apartments Available Jul 1Total 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
Plus Fees
2 to 3 Bedroom Apartments Available Jul 30Dublin Road Townhomes
304-306 Dublin CtMankato, MN 56001
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Rent Specials
$1,215 - $1,570
Plus Fees
1 to 2 Bedroom Apartments Available Aug 11The Forde
1111 Range StNorth Mankato, MN 56003
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$1,250
Plus Fees
2 Bedroom Apartments Available Aug 1Welco West
1901 Meridian StSt. Peter, MN 56082
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$1,250 - $1,350
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For Availability520 6th St
520 6th StNicollet, MN 56074
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
$1,250 - $1,450
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowVillage Place Flats
210 Thomas DrMankato, MN 56001
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$1,295 - $1,575
Plus Fees
2 Bedroom Apartments Available Jul 15Capital Lofts
970 N 3rd StSt. Peter, MN 56082
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$1,299
Plus Fees
3 Bedroom Apartments Available NowCedar Meadow Apartments
701 S Victory DrMankato, MN 56001
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$1,300 - $1,800
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRiverfront Court
115 S Riverfront DrMankato, MN 56001
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$1,370 - $1,820
Total Monthly Price
1 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$1,295 - $1,745
Required Monthly Fees
$75
Total Monthly Price
$1,370 - $1,820
Axis Lofts
1247 Range StMankato, MN 56001
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$1,390 - $1,525
Plus Fees
2 Bedroom Apartments Available NowTiller Place
128 2nd StLe Sueur, MN 56058
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$1,395 - $1,650
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowWestview Heights
2090 Carlson DrNorth Mankato, MN 56003
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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
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.
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 | $1,036 | $750 | $1,315 |
| Lafayette 1 Bedroom Apartments | $1,218 | $595 | $1,850 |
| Lafayette 2 Bedroom Apartments | $1,379 | $695 | $2,150 |
| Lafayette 3 Bedroom Apartments | $1,552 | $1,145 | $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
- Nearby Cities
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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 512 Vernon Ave priced from $595. 442 Belgrade Ave in the City Center Mankato neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here is today’s list of the most affordable Lafayette apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 512 Vernon Ave | One Bedroom | 1BR,1BA | $595 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $840 |
| Lewis Lofts | 1a1t | 1BR,1BA | $855 |
| Town's Edge Estates | 1 Bedroom/1 Bath | 1BR,1BA | $885 |
| Hillcrest Apartments | 1BD/1BA | 1BR,1BA | $895 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Tiller+Main | Studio | Studio,1BA | $900 |
| Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $928 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $975 |
Best Value Apartments for Rent in Lafayette, MN and Nearby
As of June 20, 2026 the best value apartment in the Lafayette area is the $1.13 price per square foot Fox Run Townhomes Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $1,995. The second greatest value Lafayette apartment is the 3 Bedroom Townhouse Model at Vista View Townhomes starting at $1,297 with a $1.08 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. |
|---|---|---|---|
| Fox Run Townhomes | Fox Run Townhomes | 2BR,2.5BA | $1.13 |
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.08 |
| Rock Ridge Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.14 |
| Sleepy Eye Apartments Homes | 2 Bedroom 2 Bath | 2BR,2BA | $1.28 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| Town's Edge Estates | 2 Bedroom/2 Bath S | 2BR,1BA | $1.18 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $1.04 |
| 512 Vernon Ave | Two Bedroom | 2BR,1BA | $0.87 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
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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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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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 $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 Town's Edge Estates and starts from $1,145.
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
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.
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.