Cheap Apartments for Rent in Tippecanoe County, IN from $400 (162 Rentals)

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

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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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.

property at 2415 N 19th St

$750 - $1,015

Studio To 1 Bedroom Rentals

Available Now

2415 N 19th St

LafayetteIN47904

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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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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.

Cheapest Available Tippecanoe County Apartments for Rent

 

The cheapest available apartment rental in Tippecanoe County, IN is a Studio unit found at Stonecrest Apartments in the Downtown Lafayette neighborhood priced from $625. Windsor West Apartments Homes in the Discovery Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here is today’s list of the most affordable Tippecanoe County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonecrest ApartmentsStudioStudio,1BA$625
Windsor West Apartments Homes2 Bedroom 1 Bath2BR,1BA$650
Launch3B3BR,3BA$659
VarsityThe Varsity - 109 **Short term Lease**Studio,1BA$699
Woods EdgeThe Boilermaker1BR,1BA$750
Pheasant RunThe Retriever StudioStudio,1BA$776
The Vibe on ParamountThe Vibe at Paramount - 2 Bed/2 Bath - (Layout ...2BR,2BA$780
Waterford CourtStandard One Bedroom (SN2)1BR,1BA$798

Best Value Apartments for Rent in Tippecanoe County, IN

As of May 15, 2026 the best value apartment in the Tippecanoe County area is the $0.84 price per square foot 122 N 3rd St Model at 122 N 3rd St in the in the Downtown Lafayette neighborhood starting from $1,800. The second greatest value Tippecanoe County apartment is the 3 Bedroom x 3.5 Bathroom Townhouse Model at Lark West Lafayette Townhomes starting at $649 with a $0.34 price per square foot . Here is today’s list of the best values for Tippecanoe County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
122 N 3rd St122 N 3rd St2BR,1BA$0.84
Lark West Lafayette Townhomes3 Bedroom x 3.5 Bathroom Townhouse3BR,3.5BA$0.34
Lark West Lafayette ApartmentsApartments3BR,3BA$0.37
Lodge on the TrailNevada-PREM3BR,3BA$0.56
The Cottages on Lindberg2 BEDROOM 2.5 BATH2BR,2.5BA$0.77
The Oasis3C- Premium 13's3BR,3BA$0.78
Fairway ApartmentsEARLY MOVE IN AVAILABLE- Turnberry | Text to To...2BR,2BA$0.78
The Vibe on ParamountThe Vibe at Paramount - 2 Bed/2 Bath - (Layout ...2BR,2BA$0.87
Windsor West Apartments Homes2 Bedroom 1 Bath2BR,1BA$0.90
Pierce Street Apartments2/12BR,1BA$1.00

Frequently Asked Questions about Cheap Tippecanoe County Apartments

What is a cheap apartment in Tippecanoe County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Tippecanoe County is under $798.

What is the price of a cheap apartment in Tippecanoe County?

The cheapest apartment in Tippecanoe County is Woods Edge which is listed at $750, while the average apartment in Tippecanoe County costs $1,622.

What types of apartments are the cheapest in Tippecanoe County?

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 232 regular apartments in Tippecanoe County 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 Tippecanoe County?

Cheap apartments in Tippecanoe County have an average cost of $715 which is $907 cheaper than the average rent for all rentals in Tippecanoe County.

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.