Cheap Homes for Rent in Lafayette Parish, LA from $600 (60 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 511 Ray Ave

$875 - $1,500

Total Monthly Price

Total Monthly Price

Base Rent
$875 - $1,500
Total Monthly Price
$875 - $1,500

2 To 3 Bedroom Homes for Rent

Available Now

511 Ray Ave

LafayetteLA70506

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 1301 St John St

$900 - $1,200

2 Bedroom Rentals

Available Now

1301 St John St

LafayetteLA70506
property at 611 E University Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

611 E University Ave

LafayetteLA70503
property at 800 Fox Run Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1.5 Bath Townhome for Rent

Available Aug 5

800 Fox Run Ave, Unit 4

800 Fox Run Ave
LafayetteLA70508

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.

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property at 305 Ella St

$995

1 Bedroom Rentals

Available Now

305 Ella St

LafayetteLA70506

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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property at 206 Challenger St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

2 Bedroom, 1 Bath Townhome for Rent

Available Now

206 Challenger St, Unit Apt A

206 Challenger St
LafayetteLA70506

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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Showing Results 1-50, Page 1 of 2

Cheapest Available Lafayette Parish Apartments for Rent

 

The cheapest available apartment rental in Lafayette Parish, LA is a 1 Bed unit found at Landfair Complex 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
Landfair Complex1/1 (Unit #23 only)1BR,1BA$715
River Oaks Apartments1 Bedroom|1 Bath1BR,1BA$745
Lila PlaceLPA11BR,1BA$757
Gallery Apartments1 Bedroom / 1 Bath - Plan E1BR,1BA$775
City Heights Steeplechase1x11BR,1BA$780
Patriot Point of Lafayette2 Bed 1 Bath2BR,1BA$785
Santa RosaSRSMRStudio,1BA$800

Best Value Apartments for Rent in Lafayette Parish, LA

As of August 04, 2026 the best value apartment in the Lafayette Parish area is the $0.64 price per square foot 2x2 Model at The Commons at Ridge and Loop in the in the Central Lafayette Parish neighborhood starting from $900. The second greatest value Lafayette Parish apartment is the 101 Belgium St Model at 101 Belgium St, Unit AD starting at $795 with a $0.76 price per square foot in the Central Lafayette Parish neighborhood. 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.
The Commons at Ridge and Loop2x22BR,2BA$0.64
101 Belgium St, Unit AD101 Belgium St2BR,1.5BA$0.76
Willow GardensTH22BR,2BA$0.94
Patriot Point of Lafayette3 Bed 1 Bath3BR,1BA$1.06
Pinewoods ApartmentsTwo bed One Full & 1 Half bath2BR,1.5BA$1.06
Whispering Oaks Apartments2x2 (Plan D)2BR,2BA$1.06
Mimosa Place Apartments2 Bedroom2BR,1BA$1.04
105 VIEUX ORLEANS CIR, Unit Apt D105 VIEUX ORLEANS CIR1BR,1BA$0.94
City Heights Steeplechase1x11BR,1BA$1.04
River Oaks Apartments1 Bedroom|1 Bath1BR,1BA$1.03

Frequently Asked Questions about Lafayette Parish

What type of rentals are currently available in Lafayette Parish?

There are currently 204 Apartments for Rent in Lafayette Parish, LA with pricing that ranges from $509 to $3,650. There are also 234 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette Parish ranging from $600 to $5,500.

What is the current price range for Rental Homes in Lafayette Parish?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lafayette Parish ranges from $600 to $5,500 with an average monthly rent of $1,723.

How much are larger Three and Four Bedroom Rentals in Lafayette Parish?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lafayette Parish range from $509 to $2,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $611.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.