Cheap Apartments for Rent in Palmetto, LA from $500 (33 Rentals)

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

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Summer Place Apartments
1 to 2 Bedroom Apartments

Summer Place Apartments

1901 Eraste Landry RdLafayette, LA 70506
  • Utilities Included
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River Oaks Apartments
1 to 2 Bedroom Apartments

River Oaks Apartments

2509 Johnston StLafayette, LA 70503
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Palmetto, LA Local Guide

Cheapest Available Palmetto Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palmetto, LA is a 1 Bed unit found at Whispering Oaks Apartments in the Central Lafayette Parish neighborhood priced from $725. Holly Place in the Central Lafayette Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Palmetto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Whispering Oaks Apartments1x1 500sf downstairs1BR,1BA$725
Holly PlaceHPA11BR,1BA$795
Pinewoods ApartmentsOne bed One bath1BR,1BA$800
Acadian Crossing/Utilities IncludedAcadian - StudioStudio,1BA$810
Diamond Lakes Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$817
BasswoodLarge 1x1 Main Level Classic1BR,1BA$825
Chateau Lafayette Apartments2 Bed 2 Bath II2BR,2BA$825
Lila PlaceLPB12BR,1BA$830
French Colony1 Bedroom 1 Bathroom1BR,1BA$845
Eagle Run2BR/1.5BA Floor Plan2BR,1BA$848

Best Value Apartments for Rent in Palmetto, LA and Nearby

As of September 09, 2025 the best value apartment in the Palmetto area is the $0.99 price per square foot 3 Bedroom Model at Brooke Pointe in the in the Central Lafayette Parish neighborhood starting from $1,250. The second greatest value Palmetto apartment is the HPC1 Model at Holly Place starting at $1,269 with a $1.10 price per square foot in the Central Lafayette Parish neighborhood. Here is today’s list of the best values for Palmetto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brooke Pointe3 Bedroom3BR,2BA$0.99
Holly PlaceHPC13BR,2BA$1.10
Riverside At Oakbourne TownhomesOne Bedroom1BR,1BA$1.11
Waterhouse & Village StationWaterhouse A - 1x11BR,1BA$1.24
Chateau Lafayette Apartments2 Bed 2 Bath II2BR,2BA$0.97
Maison Bocage Apartments1 Bed 1 Bath1BR,1BA$1.18
River Oaks Apartments1x1TH1BR,1BA$1.18
Bridgeway Apartments II1 Bed 1 Bath1BR,1BA$1.27
Pinewoods ApartmentsOne bed One bath1BR,1BA$1.19
Diamond Lakes Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$1.26

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Location, Location, Location!

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Getting Around Palmetto, LA

Walk Score®

1 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Palmetto Apartments

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

The lowest price for a Cheap One Bedroom Palmetto Apartment is $725 at Whispering Oaks Apartments.

What is the lowest price for a Cheap Two Bedroom Palmetto Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Palmetto is starting from $825 at Chateau Lafayette Apartments.

What is the most affordable Palmetto Three Bedroom Apartment?

The best deal on a cheap Palmetto Three Bedroom Apartment rental is at Eagle Run and starts from $1,235.

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.

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.

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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.

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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.

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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.