Cheap Homes for Rent in Downtown West Lafaytte Neighborhood of West Lafayette, IN from $600 (22 Rentals)

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Search the lowest-cost Homes 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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property at 321 S 3rd St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 1.5 Bath Townhome for Rent

Available Aug 14

321 S 3rd St

LafayetteIN47901

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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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

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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Showing Results 1-22, Page 1 of 1

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

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 Downtown West Lafaytte

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

There are currently 301 Apartments for Rent in Downtown West Lafaytte, IN with pricing that ranges from $575 to $3,600. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown West Lafaytte ranging from $649 to $4,196.

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 $649 to $4,196 with an average monthly rent of $1,839.

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 $633 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,700. Four Bedroom Single-Family rentals are also available starting from $4,196 and Four Bedroom Apartments start at $575.

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

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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

Written by: Robin Stewart

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.