Cheap Apartments for Rent in Lafayette, OH from $500 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lafayette.

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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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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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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Wellington Place
1 to 3 Bedroom Apartments

Wellington Place

1350 N Locust StOttawa, OH 45875
  • Utilities Included
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1 Edgebrook Dr
1 Bedroom Apartments

1 Edgebrook Dr

1 Edgebrook DrWapakoneta, OH 45895
Corporate Housing
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No Availabilities
Studio to 2 Bedroom Apartments

No Availabilities

901 Fishlock AveFindlay, OH 45840
  • Utilities Included

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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2311 N Main St
2 Bedroom Apartments

2311 N Main St

2311 N Main StFindlay, OH 45840
Corporate Housing
  • Utilities Included
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Normandy Ridge
2 to 3 Bedroom Apartments

Normandy Ridge

402 Ashland AveWapakoneta, OH 45895
  • Utilities Included
property at 332 Detroit St S

$1,050 - $1,100

1 To 2 Bedroom Rentals

Available Now

332 Detroit St S

BellefontaineOH43311

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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Lafayette, OH Local Guide

Cheapest Available Lafayette Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lafayette, OH is a 1 Bed unit found at Town Square Senior Apartments - 62+ or HUD priced from $225. Wellington Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Lafayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Town Square Senior Apartments - 62+ or HUDStudio1BR,1BA$225
Wellington Place2 Bedroom Unit2BR,1BA$625
Findlay Senior1 Bedroom1BR,1BA$650
Inverness Gardens1 Bedroom Apartment1BR,1BA$695
Royal Jameson1 Bedroom1BR,1BA$738
EAGLES POINT APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$745
Hillcrest Apartments1 Bedroom1BR,1BA$775
Mark Royal2 Bedroom2BR,1BA$880
Comfortable Living at Blume Lofts, WapakonetaBlume Lofts: 1 BD / 1 BA1BR,1BA$945
43 Town Square2 Bedroom2BR,1BA$956

Best Value Apartments for Rent in Lafayette, OH and Nearby

As of May 09, 2026 the best value apartment in the Lafayette area is the $0.39 price per square foot 3 Bed 3 Bath Model at The Annex of Lima in the starting from $600. The second greatest value Lafayette apartment is the 3 Bed, 1.5 Bath Townhome Model at Whispering Pines Apartments starting at $1,025 with a $0.84 price per square foot . Here is today’s list of the best values for Lafayette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Annex of Lima3 Bed 3 Bath3BR,3BA$0.39
Whispering Pines Apartments3 Bed, 1.5 Bath Townhome3BR,1.5BA$0.84
2563 W Market StMarket St.2BR,1BA$1.00
43 Town Square2 Bedroom2BR,1BA$0.95
EAGLES POINT APARTMENTS3 Bedroom 1 Bathroom3BR,1BA$0.87
Comfortable Living at Blume Lofts, WapakonetaBlume Lofts: 2 BD / 1 BA2BR,1BA$1.14
Pike Run Village60%2BR,1BA$1.20
Wellington Place2 Bedroom Unit2BR,1.5BA$0.69
Inverness Gardens1 Bedroom Apartment1BR,1BA$1.19
Town Square Senior Apartments - 62+ or HUD1 Bedroom1BR,1BA$0.45

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Lafayette Apartments

How much is rent for a Cheap One Bedroom Lafayette Apartment?

The lowest price for a Cheap One Bedroom Lafayette Apartment is $225 at Town Square Senior Apartments - 62+ or HUD.

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 $625 at Wellington Place.

What is the most affordable Lafayette Three Bedroom Apartment?

The best deal on a cheap Lafayette Three Bedroom Apartment rental is at EAGLES POINT APARTMENTS and starts from $865.

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

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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.

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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.

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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.

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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.