Cheap Homes for Rent in Downtown West Lafaytte Neighborhood of West Lafayette, IN from $900 (20 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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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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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 $649. Varsity has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Downtown West Lafaytte apartments for rent in West Lafayette, IN:

Apartment ListingModel NameBed/BathPriced From
Launch3A3BR,3BA$649
VarsityThe Varsity - 109 **Short term Lease**Studio,1BA$699
Salisbury PlaceSalisbury Place - 130 #4 **Individual Lease Pri...3BR,2BA$699
AnandaAnanda - Economy - Unit 47 **Available Now**Studio,1BA$799
The Luna FlatsLuna Flats - Individual Lease - 2bed (Private R...2BR,2BA$850

Best Value Apartments for Rent in Downtown West Lafaytte, IN

As of April 28, 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, Unit Unit 230 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 St, Unit Unit 230122 N 3rd St2BR,1BA$0.84
Brownstone Condominiums2BR/2.5BA2BR,2.5BA$1.27
102 N 3rd Street2BR/2.5BA2BR,2.5BA$1.16
The Press1 Bedroom1BR,1BA$0.77
Pullman StationJeffersonville1BR,1BA$1.42
Historic Lahr Apartments2.1 C2BR,1BA$1.51
Salisbury PlaceSalisbury Place - 130 #4 **Individual Lease Pri...3BR,2BA$0.72
Victory on Salisbury3BR/1BA3BR,1BA$1.30
1102 N 10th St, Unit 11102 N 10th St1BR,1BA$1.02
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 289 Apartments for Rent in Downtown West Lafaytte, IN with pricing that ranges from $500 to $3,600. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown West Lafaytte ranging from $910 to $2,900.

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 $910 to $2,900 with an average monthly rent of $1,494.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

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