Cheap Apartments for Rent in the Downtown West Lafaytte Neighborhood of West Lafayette, IN from $400 (89 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown West Lafaytte area of 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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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
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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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Stratford II
Studio to 4 Bedroom Apartments

Stratford II

305 N Salisbury StWest Lafayette, IN 47906
Student Housing
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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

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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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
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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

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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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

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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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 Now

Monon Place

510 Salem StLafayette, IN 47904
Student Housing
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  • Utilities Included
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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.

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
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
River Cross2 Bed REMODEL2BR,2BA$1,299

Best Value Apartments for Rent in Downtown West Lafaytte, IN

As of June 26, 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 4BR - D1 Model at EVER West Lafayette starting at $1,469 with a $1.19 price per square foot in the Discovery Park 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
EVER West Lafayette4BR - D14BR,4BA$1.19
VERVE West Lafayette4BD/4BA - D24BR,4BA$1.20
Historic Lahr Apartments2.1 C2BR,1BA$1.51
624 New York St, Unit B624 New York St3BR,2BA$1.24
Victory on Salisbury3BR/1BA3BR,1BA$1.07
1006 N 10th St, Unit A1006 N 10th St2BR,1BA$1.10
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 $1,299.

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 181 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 $1,069 which is $2,431 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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

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.