Cheap Apartments for Rent in Lafayette Parish, LA from $500 (145 Rentals) Page 2 of 3

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

property at 105 Rayland St

$950

2 Bedroom, 1 Bath Home for Rent

Available Jan 1, 2026

105 Rayland St

LafayetteLA70506

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Fairway Apartments
1 to 2 Bedroom Apartments

Fairway Apartments

156 Verona DrLafayette, LA 70507
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Woodvale Place Apartments
1 to 2 Bedroom Apartments

Woodvale Place Apartments

411 Woodvale AveLafayette, LA 70503
Senior Living
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Villa's at Angel Point
Studio to 3 Bedroom Apartments

Villa's at Angel Point

323 Patterson StLafayette, LA 70501
Senior Living
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Village Dulac Apartments
Studio to 2 Bedroom Apartments

Village Dulac Apartments

1404 Carmel DrLafayette, LA 70501
Senior Living
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Uptown Lofts
Studio to 3 Bedroom Apartments

Uptown Lofts

519 S Pierce StLafayette, LA 70501
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The Meadows Apartments
1 to 3 Bedroom Apartments

The Meadows Apartments

200 High Meadows BlvdLafayette, LA 70507
Corporate Housing
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Beau Soleil Place
2 to 4 Bedroom Apartments

Beau Soleil Place

822 Martin Luther King Jr DrLafayette, LA 70501
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Evangeline Village
1 to 2 Bedroom Apartments

Evangeline Village

415 N Domingue AveLafayette, LA 70506
Senior Living
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Cypress Trails
2 Bedroom Apartments

Cypress Trails

401 Sophie StLafayette, LA 70501
Senior Living
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Landfair Apartments
2 Bedroom Apartments

Landfair Apartments

815 Martin Luther King DrLafayette, LA 70501
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Showing Results 51-100, Page 2 of 3

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 $799.

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

The cheapest apartment in Lafayette Parish is Patriot Point of Lafayette (FKA Brookwood) which is listed at $695, while the average apartment in Lafayette Parish costs $1,799.

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 128 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 $431 which is $1,368 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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.