Cheap Apartments for Rent in the Downtown West Lafaytte Neighborhood of West Lafayette, IN from $400 (120 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

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

6 Bedroom, 4 Bath Home for Rent

Available Now

525 N Russell St, Unit IC House

525 N Russell St
West LafayetteIN47906

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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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 Soon

State Street Commons

120 Andrew PlWest Lafayette, IN 47906
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
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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
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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

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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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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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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111 Wiggins St
2 Bedroom Apartments

111 Wiggins St

111 Wiggins StWest Lafayette, IN 47906
Student Housing
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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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Pierce Street Suites
Studio to 1 Bedroom Apartments

Pierce Street Suites

202 Pierce StWest Lafayette, IN 47906
Student Housing

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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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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Lhotse
Studio to 1 Bedroom Apartments

Lhotse

120 Wiggins 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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Grant Street Lofts
Studio Apartments

Grant Street Lofts

418 S Grant 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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Stratford I
3 to 4 Bedroom Apartments

Stratford I

122 North StWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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240 S. Salisbury St.
1 to 2 Bedroom Apartments

240 S. Salisbury St.

240 S Salisbury StWest Lafayette, IN 47906
  • Utilities Included

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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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Monon Place
$760 - $1,175
Total Monthly Price

Total Monthly Price

Base Rent
$760 - $1,175

Total Monthly Price
$760 - $1,175
2 Bedroom Apartments Available Jun 26

Monon Place

510 Salem StLafayette, IN 47904
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free

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.

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 3 Beds unit found at Launch priced from $659. Armory Loft has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable Downtown West Lafaytte apartments for rent in West Lafayette, IN:

Apartment ListingModel NameBed/BathPriced From
Launch3B3BR,3BA$659
Armory Loft1 Bdr Triplex1BR,1BA$760
911 N 9th Street2BR/1.0BA2BR,1BA$825
Chestnut Street ApartmentsChestnut St. - 1 Bedroom, 1 Bath1BR,1BA$930
Crestview ApartmentsCrestview IV - Furnished1BR,1BA$995
Wabash Village Apartments1/1 Classic1BR,1BA$1,014
The Emerson ApartmentsBrown St. - 2 Bedroom, 1 Bath2BR,1BA$1,030

Best Value Apartments for Rent in Downtown West Lafaytte, IN

As of June 17, 2026 the best value apartment in the Downtown West Lafaytte area is the $1.27 price per square foot 2BR/2.5BA Model at Brownstone Condominiums in the in the Downtown Lafayette neighborhood starting from $2,250. The second greatest value Downtown West Lafaytte apartment is the Jeffersonville Model at Pullman Station starting at $1,750 with a $1.42 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.
Brownstone Condominiums2BR/2.5BA2BR,2.5BA$1.27
Pullman StationJeffersonville1BR,1BA$1.42
EVER West Lafayette4BR - D14BR,4BA$1.19
VERVE West Lafayette4BD/4BA - D24BR,4BA$1.20
624 New York St, Unit B624 New York St3BR,2BA$1.24
1015 N 9th St, Unit A1015 N 9th St2BR,1.5BA$1.33
Victory on Salisbury3BR/1BA3BR,1BA$1.07
2712BR/1.0BA2BR,1BA$1.07
Pierce Street Apartments2/12BR,1BA$1.00
Armory Loft1 Bdr Triplex1BR,1BA$1.38

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 $1,030.

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

The cheapest apartment in Downtown West Lafaytte is Armory Loft which is listed at $760, while the average apartment in Downtown West Lafaytte costs $3,500.

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 169 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 $1,073 which is $2,427 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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.