Cheap Apartments for Rent in the Downtown West Lafaytte Neighborhood of West Lafayette, IN from $470 (107 Rentals)

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

property at 525 N Russell St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
6 Bedroom, 4 Bath Home for Rent
Available Now
Furnished

525 N Russell St, Unit IC House

525 N Russell St
West LafayetteIN47906
  • Smoke Free
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State Street Commons
$1,400 - $2,800

Total Monthly Price

Base Rent$1,400 - $2,800

Total Monthly Price$1,400 - $2,800
2 Bedroom Apartments Available Aug 7, 2027

State Street Commons

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

330 Sylvia St

330 Sylvia StWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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Cedarwood Apartments
3 to 4 Bedroom Apartments

Cedarwood Apartments

515-527 N Grant StWest 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
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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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Varsity
Studio to 2 Bedroom Apartments

Varsity

101 Andrew PlWest 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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Pierce Street Suites
Studio to 1 Bedroom Apartments

Pierce Street Suites

202 Pierce StWest Lafayette, IN 47906
Student Housing
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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
Student Housing
  • Utilities Included
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Woodcrest
Studio to 2 Bedroom Apartments

Woodcrest

102 Wood StWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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231 Sheetz St
1 Bedroom Apartments

231 Sheetz St

231 Sheetz StWest Lafayette, IN 47906
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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
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Zia's Place
Studio to 1 Bedroom Apartments

Zia's Place

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

Parkview Apartments

221 W Wood StWest Lafayette, IN 47906
Student Housing
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Grant Flats
Studio to 3 Bedroom Apartments

Grant Flats

435 N Grant StWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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Global Village
Studio Apartments

Global Village

139 Northwestern AveWest Lafayette, IN 47906
  • Utilities Included
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Ironwood Apartments
1 to 2 Bedroom Apartments

Ironwood Apartments

261 W Wood StWest Lafayette, IN 47906
Student Housing

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140 S. Salisbury St.
1 Bedroom Apartments

140 S. Salisbury St.

140 S Salisbury StWest Lafayette, IN 47906
Student Housing
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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
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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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Melrose Place
1 Bedroom Apartments

Melrose Place

455 N Grant StWest Lafayette, IN 47906
Student Housing

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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property at 525 S 3rd St
$725 - $1,049
1 To 2 Bedroom Rentals
Available Now
Affordability

525 S 3rd St

LafayetteIN47905

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Cheapest Available Downtown West Lafaytte Apartments for Rent

 

The cheapest available apartment rental in the Downtown West Lafaytte 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 Lafaytte 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
Uptown WestUptown West - Studio **PROMO PRICING**Studio,1BA$618
420 S Chauncey Avenue1BR/1.0BA1BR,1BA$649
VarsityThe Varsity - Studio #100Studio,1BA$660
5002BR/1.0BA2BR,1BA$675
2712 bedroom/1 bath- rent by the room (female & ma...2BR,1BA$675
Salisbury PlaceSalisbury Place - 2027-28 Early Inquiry List3BR,2BA$699

Best Value Apartments for Rent in Downtown West Lafaytte, IN

As of September 15, 2026 the best value apartment in the Downtown West Lafaytte area is the $0.47 price per square foot 204 S 6th St Model at 204 S 6th St, Unit Upstairs Unit in the in the Downtown Lafayette neighborhood starting from $1,400. The second greatest value Downtown West Lafaytte apartment is the 2BR/2.5BA Model at Brownstone Condominiums starting at $2,250 with a $1.27 price per square foot in the Downtown Lafayette neighborhood. Here is today’s list of the best values for Downtown West Lafaytte apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
204 S 6th St, Unit Upstairs Unit204 S 6th St2BR,1BA$0.47
Brownstone Condominiums2BR/2.5BA2BR,2.5BA$1.27
102 N 3rd Street2BR/2.0BA2BR,2BA$1.20
122 N 3rd St122 N 3rd St2BR,1BA$1.06
1015 N 6th St, Unit 103-31015 N 6th St4BR,2BA$0.97
RVPRegency Springs - 2 Bed Traditional2BR,2BA$1.22
Settlement ApartmentsFour Bedroom, One Bath4BR,1BA$0.85
Salisbury PlaceSalisbury Place - 2027-28 Early Inquiry List3BR,2BA$0.72
Pierce Street Suites1BR/1.0BA1BR,1BA$1.23
2712BR/1.0BA2BR,1BA$1.07

Frequently Asked Questions about Cheap Downtown West Lafaytte Apartments

What is a cheap apartment in Downtown West Lafaytte?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown West Lafaytte is under $699.

What is the price of a cheap apartment in Downtown West Lafaytte?

The cheapest apartment in Downtown West Lafaytte is Southfork Apartments which is listed at $499, while the average apartment in Downtown West Lafaytte costs $1,560.

What types of apartments are the cheapest in Downtown West Lafaytte?

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 290 regular apartments in Downtown West Lafaytte 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 Downtown West Lafaytte?

Cheap apartments in Downtown West Lafaytte have an average cost of $1,408 which is $152 cheaper than the average rent for all rentals in Downtown West Lafaytte.

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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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

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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.

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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.