112 5th St
GaylordMN55334
Cheap Homes for Rent in Lafayette, MN from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lafayette.
960 N 3rd St
St. PeterMN56082
300 Jefferson Ave
St. PeterMN56082
255 6th Ave NE
HutchinsonMN55350
525 S 5th St
MankatoMN56001
122 Lynn Ln
MankatoMN56001
121 Laurinda Ln
MankatoMN56001
145 Lynn Ln
MankatoMN56001
123 Lynn Ln
MankatoMN56001
418 Allan Ave
North MankatoMN56003
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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 a home in Lafayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lafayette 2 Bedroom Homes for Rent | $1,427 | $1,095 | $1,800 |
| Lafayette 3 Bedroom Homes for Rent | $1,890 | $1,050 | $2,499 |
| Lafayette 4 Bedroom Homes for Rent | $2,037 | $1,980 | $2,180 |
| Lafayette 5 Bedroom Homes for Rent | $1,645 | $1,645 | $1,645 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Lafayette
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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 1 Bed unit found at Autumn Glen Apartments priced from $800. 131 W 11th St 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 |
|---|---|---|---|
| Autumn Glen Apartments | One Bedroom | 1BR,1BA | $800 |
| 131 W 11th St | 1 Bedroom 1 Bath | 1BR,1BA | $800 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
Best Value Apartments for Rent in Lafayette, MN and Nearby
As of September 08, 2025 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 Tax Credit Model at Cherry Ridge Apartments starting at $1,285 with a $0.93 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 |
| Cherry Ridge Apartments | Tax Credit | 3BR,2BA | $0.93 |
| Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| Le Sueur Meadows | 2 Beds, 1 bath | 2BR,1BA | $1.15 |
| Rita Road | 2 Bed 1 Bath | 2BR,1BA | $1.29 |
| Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $1.14 |
| 219 6th St SW | One Bedroom | 1BR,1BA | $1.20 |
| 131 W 11th St | 1 Bedroom 1 Bath | 1BR,1BA | $1.11 |
| Autumn Glen Apartments | One Bedroom | 1BR,1BA | $1.25 |
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Frequently Asked Questions about Lafayette
What type of rentals are currently available in Lafayette?
There are currently 70 Apartments for Rent in Lafayette, MN with pricing that ranges from $800 to $2,095. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette ranging from $1,050 to $2,499.
What is the current price range for Rental Homes in Lafayette?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lafayette ranges from $1,050 to $2,499 with an average monthly rent of $1,632.
How much are larger Three and Four Bedroom Rentals in Lafayette?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lafayette range from $1,242 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,499. Four Bedroom Single-Family rentals are also available starting from $1,980 and Four Bedroom Apartments start at $1,600.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.