Cheap Apartments for Rent in West Lafayette, IN from $400 (233 Rentals)

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

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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Victory on Salisbury
Rent Specials
$1,029 - $1,130
Total Monthly Price

Total Monthly Price

Base Rent
$1,029 - $1,130
Total Monthly Price
$1,029 - $1,130
3 to 4 Bedroom Apartments Available Now

Victory on Salisbury

300 N Salisbury StWest Lafayette, IN 47906
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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State Street Commons
Rent Specials
$1,400 - $2,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,800
Total Monthly Price
$1,400 - $2,800
2 Bedroom Apartments Available Now

State Street Commons

120 Andrew PlzWest Lafayette, IN 47906
Student Housing
  • Verified
  • Utilities Included
  • Low Income
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330 Sylvia St
1 Bedroom Apartments

330 Sylvia St

330 Sylvia StWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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Parkwood Apartments
1 to 2 Bedroom Apartments

Parkwood Apartments

261 W Wood StWest Lafayette, IN 47906
Student Housing

The Art of the Rental Viewing: What to look for during a property tour

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.

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Cedarwood Apartments
3 to 4 Bedroom Apartments

Cedarwood Apartments

515-527 N Grant StWest Lafayette, IN 47906
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Aberdeen
Studio to 1 Bedroom Apartments

Aberdeen

250 S Salisbury StWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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The Josie
Studio to 1 Bedroom Apartments

The Josie

427 N Salisbury StWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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112 Pierce St
Studio to 1 Bedroom Apartments

112 Pierce St

112 Pierce StWest Lafayette, IN 47906
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Varsity
Studio to 2 Bedroom Apartments

Varsity

101 Andrew PlWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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224 S. Salisbury St.
1 to 2 Bedroom Apartments

224 S. Salisbury St.

224 S Salisbury StWest Lafayette, IN 47906
  • Utilities Included
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Qube
Studio to 1 Bedroom Apartments

Qube

2400 Northwestern AveWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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The Vintage
Studio Apartments

The Vintage

230 S Grant StWest Lafayette, IN 47906
Student Housing

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 5

West Lafayette, IN Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in West Lafayette, IN

Pricing Updated: 04/26/2026

Current apartment rentals in the West Lafayette, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for West Lafayette Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown West Lafaytte$1,675$500185
Discovery Park$1,770$499241

Cheapest Available West Lafayette Apartments for Rent

 

The cheapest available apartment rental in West Lafayette, IN is a Studio unit found at Stonecrest Apartments in the Downtown Lafayette neighborhood priced from $625. Launch in the Discovery Park neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $649. Here is today’s list of the most affordable West Lafayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonecrest ApartmentsStudioStudio,1BA$625
Launch3A3BR,3BA$649
VarsityThe Varsity - 109 **Short term Lease**Studio,1BA$699
Salisbury PlaceSalisbury Place - 130 #4 **Individual Lease Pri...3BR,2BA$699
Woods EdgeThe Boilermaker1BR,1BA$750
Downtown Lafayette Living!StudioStudio,1BA$750
Fairway ApartmentsKingston | Text to Tour 765-735-3515. Priced pe...2BR,1BA$760
The Vibe on ParamountThe Vibe at Paramount - 2 Bed/2 Bath - Unit 103...2BR,2BA$780

Best Value Apartments for Rent in West Lafayette, IN

As of April 26, 2026 the best value apartment in the West Lafayette area is the $0.84 price per square foot 122 N 3rd St Model at 122 N 3rd St, Unit 230 in the in the Downtown Lafayette neighborhood starting from $1,800. The second greatest value West Lafayette 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 West Lafayette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
122 N 3rd St, Unit 230122 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
The Press1 Bedroom1BR,1BA$0.77
Lodge on the TrailNevada-PREM3BR,3BA$0.56
The Cottages on Lindberg2 BEDROOM 2.5 BATH2BR,2.5BA$0.77
Barrington WestBarrington West (Sub-ground) - F1 **Immediate M...2BR,1BA$0.78
The Oasis3C- Premium 13's3BR,3BA$0.78
Salisbury PlaceSalisbury Place - 130 #4 **Individual Lease Pri...3BR,2BA$0.72
Fairway ApartmentsKingston | Text to Tour 765-735-3515. Priced pe...2BR,1BA$0.85

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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West Lafayette Overview

West Lafayette, IN, situated on the mighty Wabash River in the northwestern part of the state, is one of Indiana?s most popular cities, being the home of Purdue University and many medical, tech, and research companies yet with the small-town feel and homespun outlook that the Hoosier state is famous for. Residents enjoy lots of entertainment, dining, and shopping choices in this diverse and vibrant college town. Being located just a couple of hours drive from both Chicago and Indianapolis makes the city a pleasant and convenient place to call home for those who commute to work in either town but don?t want to live there. An apartment in West Lafayette is a great choice for families and singles alike.

Why live in West Lafayette, IN?

One of the biggest reasons to choose an apartment in West Lafayette is the people here. Midwestern values mean welcoming, friendly neighbors and friends. The climate is neither too hot nor cold, and there are plenty of employment opportunities nearby. Families will find it a good place to raise kids.

Best Local Schools in
West Lafayette, IN

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore West Lafayette, IN Rentals by Map

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See the most popular apartments and homes in West Lafayette, IN

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West Lafayette, IN Area Reviews

    Marcella • 1+ years in West Lafayette

    February 25, 2025

    Do you have any apartments on George Street

    Frequently Asked Questions about Cheap West Lafayette Apartments

    What is a cheap apartment in West Lafayette?

    A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in West Lafayette is under $780.

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

    The cheapest apartment in West Lafayette is Woods Edge which is listed at $750, while the average apartment in West Lafayette costs $1,722.

    What types of apartments are the cheapest in West Lafayette?

    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 345 regular apartments in West Lafayette 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 West Lafayette?

    Cheap apartments in West Lafayette have an average cost of $1,077 which is $645 cheaper than the average rent for all rentals in West Lafayette.

    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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

    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.

    decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

    18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

    Written by: Lauren Harrington

    Renting your next home can feel thrilling and overwhelming at the same time.