Cheap Homes for Rent in Downtown West Lafaytte Neighborhood of West Lafayette, IN from $900 (25 Rentals)

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

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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

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

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 Studio unit found at Varsity priced from $599. Launch has the second lowest priced unit, which is a 3 Beds apartment currently listed from $649. Here are the most affordable Downtown West Lafaytte apartments for rent in West Lafayette, IN:

Apartment ListingModel NameBed/BathPriced From
VarsityThe Varsity - 109 **Short term Lease**Studio,1BA$599
Launch3A3BR,3BA$649
AnandaAnanda - Economy - Unit 47 **Available Now**Studio,1BA$799
Monon Place2 Bedroom 2 Bath2BR,2BA$830
The Luna FlatsLuna Flats - 2Bed/2Bath (2C) #212 - Offering $1...2BR,2BA$850

Best Value Apartments for Rent in Downtown West Lafaytte, IN

As of March 13, 2026 the best value apartment in the Downtown West Lafaytte area is the $0.84 price per square foot 122 N 3rd St Model at 122 N 3rd St in the in the Downtown Lafayette neighborhood starting from $1,800. 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.
122 N 3rd St122 N 3rd St2BR,1BA$0.84
Brownstone Condominiums2BR/2.5BA2BR,2.5BA$1.27
102 N 3rd Street2Br, 2.5Ba2BR,2.5BA$1.16
VERVE West Lafayette4BD/4BA - D24BR,4BA$1.20
120 N 3rd St120 N 3rd St2BR,2BA$1.22
315 N 10th St, Unit North Street315 N 10th St3BR,1.5BA$1.30
Monon Place2 Bedroom 2 Bath2BR,2BA$1.07
Victory on Salisbury3BR/1BA3BR,1BA$1.45
1102 N 10th St, Unit 11102 N 10th St1BR,1BA$1.21
Pierce Street Apartments2/12BR,1BA$1.00

Frequently Asked Questions about Downtown West Lafaytte

What type of rentals are currently available in Downtown West Lafaytte?

There are currently 268 Apartments for Rent in Downtown West Lafaytte, IN with pricing that ranges from $595 to $3,600. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown West Lafaytte ranging from $925 to $3,000.

What is the current price range for Rental Homes in Downtown West Lafaytte?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown West Lafaytte ranges from $925 to $3,000 with an average monthly rent of $1,508.

How much are larger Three and Four Bedroom Rentals in Downtown West Lafaytte?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown West Lafaytte range from $649 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,670 and Four Bedroom Apartments start at $1,044.

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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Written by: Lauren Harrington

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

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.