Cheap Apartments for Rent in the Downtown West Lafayette Neighborhood of West Lafayette, IN from $470 (39 Rentals)

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

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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State Street Commons
$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 PlWest Lafayette, IN 47906
Student Housing
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330 Sylvia St
1 Bedroom Apartments

330 Sylvia St

330 Sylvia StWest Lafayette, IN 47906
Student Housing
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Varsity
Studio to 2 Bedroom Apartments

Varsity

101 Andrew PlWest Lafayette, IN 47906
Student Housing
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Aberdeen
Studio to 1 Bedroom Apartments

Aberdeen

250 S Salisbury StWest Lafayette, IN 47906
Student Housing
  • Utilities Included

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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The Josie
Studio to 1 Bedroom Apartments

The Josie

427 N Salisbury StWest Lafayette, IN 47906
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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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Pierce Street Suites
1 Bedroom Apartments

Pierce Street Suites

202 Pierce StWest Lafayette, IN 47906
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The Vintage
Studio Apartments

The Vintage

230 S Grant StWest Lafayette, IN 47906
Student Housing
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248 S Chauncey Ave
2 Bedroom Apartments

248 S Chauncey Ave

248 S Chauncey AveWest Lafayette, IN 47906
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Woodcrest
Studio to 2 Bedroom Apartments

Woodcrest

102 Wood StWest Lafayette, IN 47906
Student Housing
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166 E Stadium Ave
1 to 2 Bedroom Apartments

166 E Stadium Ave

166 E Stadium AveWest Lafayette, IN 47906
Student Housing
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111 Wiggins St
2 Bedroom Apartments

111 Wiggins St

111 Wiggins StWest Lafayette, IN 47906
Student Housing

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 401 N Salisbury St

$499 - $5,900

Studio To 10 Bedroom Rentals

Available Now

Studio- PRIME LOCATION

401 N Salisbury St
West LafayetteIN47906
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Zia's Place
Studio to 1 Bedroom Apartments

Zia's Place

108 N Salisbury StWest Lafayette, IN 47906
Student Housing
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Parkview Apartments
Studio Apartments

Parkview Apartments

221 W Wood StWest Lafayette, IN 47906
Student Housing
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Lhotse
Studio to 1 Bedroom Apartments

Lhotse

120 Wiggins StWest Lafayette, IN 47906
Student Housing
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Global Village
Studio Apartments

Global Village

139 Northwestern AveWest Lafayette, IN 47906
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140 S. Salisbury St.
1 Bedroom Apartments

140 S. Salisbury St.

140 S Salisbury StWest Lafayette, IN 47906
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Grant Street Lofts
Studio to 1 Bedroom Apartments

Grant Street Lofts

418 S Grant StWest Lafayette, IN 47906
Student Housing
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Stratford I
3 to 4 Bedroom Apartments

Stratford I

122 North StWest Lafayette, IN 47906
Student Housing
  • Utilities Included

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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240 S. Salisbury St.
1 to 2 Bedroom Apartments

240 S. Salisbury St.

240 S Salisbury StWest Lafayette, IN 47906
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238 S. Grant St.
2 Bedroom Apartments

238 S. Grant St.

238 S Grant StWest Lafayette, IN 47906
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230 Harrison
1 to 2 Bedroom Apartments

230 Harrison

230 Harrison StWest Lafayette, IN 47906
Student Housing
Showing Results 1-39, Page 1 of 1

Cheapest Available Downtown West Lafayette Apartments for Rent

 

The cheapest available apartment rental in the Downtown West Lafayette area of West Lafayette, IN is a 1 Bed unit found at Southfork Apartments priced from $499. Leslie Manor Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $533. Here are the most affordable Downtown West Lafayette apartments for rent in West Lafayette, IN:

Apartment ListingModel NameBed/BathPriced From
Southfork Apartments1BR/1.0BA1BR,1BA$499
Leslie Manor Apartments3 Bedroom-Floorplan C3BR,1BA$533
VarsityThe Varsity - E5 SublevelStudio,1BA$599
420 S Chauncey Avenue1BR/1.0BA1BR,1BA$649
5002BR/1.0BA2BR,1BA$675
2712 bedroom/1 bath- rent by the room (female & ma...2BR,1BA$675
AnandaEconomy - Unit 52Studio,1BA$699
Pierce Street Suites1BR/1.0BA1BR,1BA$799
Crestview ApartmentsCrestview II2BR,1BA$800
111 Wiggins St2BR/1.0BA2BR,1BA$850

Best Value Apartments for Rent in Downtown West Lafayette, IN

As of August 24, 2026 the best value apartment in the Downtown West Lafayette area is the $1.46 price per square foot 3BR - C1 Model at EVER West Lafayette in the in the Discovery Park neighborhood starting from $1,669. The second greatest value Downtown West Lafayette apartment is the Salisbury Place - 120 #9 **Offering One Month'... Model at Salisbury Place starting at $899 with a $0.93 price per square foot in the Downtown Lafayette neighborhood. Here is today’s list of the best values for Downtown West Lafayette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
EVER West Lafayette3BR - C13BR,3BA$1.46
Salisbury PlaceSalisbury Place - 120 #9 **Offering One Month'...3BR,2BA$0.93
Southfork ApartmentsEarly Move In4BR,2BA$1.76
Victory on Salisbury3BR/1BA3BR,1BA$0.98
State Street Commons2 Bed, 2 Bath2BR,2BA$1.85
Pierce Street Suites1BR/1.0BA1BR,1BA$1.23
420 S Chauncey Avenue2 Bedroom W/O Washer and Dryer2BR,1BA$1.69
2712BR/1.0BA2BR,1BA$1.07
5001BR/1.0BA1BR,1BA$1.54
111 Wiggins St$850-$975/person - 2 Bedroom Apartment - 2 Bloc...2BR,1BA$1.31

Frequently Asked Questions about Cheap Downtown West Lafayette Apartments

What is the Cheapest Studio apartment in Downtown West Lafayette?

Currently the most affordable Cheap Studio Apartment in Downtown West Lafayette is at Varsity listed at $599.

How much is rent for a Cheap One Bedroom Downtown West Lafayette Apartment?

The lowest price for a Cheap One Bedroom Downtown West Lafayette Apartment is $499 at Southfork Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown West Lafayette Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown West Lafayette is starting from $675 at 271.

What is the most affordable Downtown West Lafayette Three Bedroom Apartment?

The best deal on a cheap Downtown West Lafayette Three Bedroom Apartment rental is at Leslie Manor Apartments and starts from $533.

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 Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.