Cheap Apartments for Rent in Lafayette Parish, LA from $500 (110 Rentals)

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

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1241 S College Rd, Unit 1
$825

Total Monthly Price

Base Rent$825
Total Monthly Price$825
Studio Apartment Available Now

1241 S College Rd, Unit 1

1241 S College RdLafayette, LA 70503
Affordability
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property at 219 Leon St
$850 - $1,250
1 To 3 Bedroom Rentals
Available Now
Affordability

219 Leon St

BroussardLA70518

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Cheapest Available Lafayette Parish Apartments for Rent

 

The cheapest available apartment rental in Lafayette Parish, LA is a 1 Bed unit found at 610 Delhomme in the Central Lafayette Parish neighborhood priced from $715. River Oaks Apartments in the Central Lafayette Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Lafayette Parish apartments for rent:

Apartment ListingModel NameBed/BathPriced From
610 Delhomme1BR/1.0BA1BR, 1BA$715
River Oaks Apartments1 Bedroom|1 Bath1BR, 1BA$745
Garden Heights ApartmentsOne Bed One Bath1BR, 1BA$750
Acadian Crossing / Utilities IncludedAcadian - StudioStudio, 1BA$750
Chateau Lafayette Apartments2 Bed 2 Bath I2BR, 2BA$750
Lila PlaceLPA11BR, 1BA$757
Gallery Apartments1 Bedroom / 1 Bath - Plan E1BR, 1BA$775
City Heights Steeplechase1x11BR, 1BA$780
Diamond Lakes Apartment Homes1 Bedroom 1 Bathroom1BR, 1BA$797

Best Value Apartments for Rent in Lafayette Parish, LA

As of September 23, 2026 the best value apartment in the Lafayette Parish area is the $0.55 price per square foot 2 Beds, 2 baths Model at Beau Maison Estates in the Central Lafayette Parish neighborhood starting from $900. The second greatest value Lafayette Parish apartment is the Vermillion Model at Cottage Landing in the Central Lafayette Parish neighborhood starting at $800 with a $0.51 price per square foot. Here is today’s list of the best values for Lafayette Parish apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Beau Maison Estates2 Beds, 2 baths2BR, 2BA$0.55
Cottage LandingVermillion3BR, 3BA$0.51
The Highlands LafayetteB42BR, 2BA$0.91
Brooke Pointe2 Bedroom2BR, 2BA$0.92
101 Belgium St, Unit AD101 Belgium St2BR, 1.5BA$0.76
The QuartersB3 Floor Plan (Dauphine)2BR, 2BA$0.88
Landfair Complex2/12BR, 1BA$0.92
Patriot Point of Lafayette2 Bed 1 Bath2BR, 1BA$0.99
Theater Street ApartmentsB2UF Floor Plan2BR, 2BA$0.86
Chateau Lafayette Apartments2 Bed 2 Bath I2BR, 2BA$1.00

Frequently Asked Questions about Cheap Lafayette Parish Apartments

What is a cheap apartment in Lafayette Parish?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lafayette Parish is under $797.

What is the price of a cheap apartment in Lafayette Parish?

The cheapest apartment in Lafayette Parish is 610 Delhomme which is listed at $715, while the average apartment in Lafayette Parish costs $1,345.

What types of apartments are the cheapest in Lafayette Parish?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 82 regular apartments in Lafayette Parish that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lafayette Parish?

Cheap apartments in Lafayette Parish have an average cost of $351 which is $994 cheaper than the average rent for all rentals in Lafayette Parish.

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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