Cheap Homes for Rent in the Downtown West Lafaytte Neighborhood of West Lafayette, IN from $850 (10 Rentals)

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

property at 401 N Salisbury St
$499 - $9,500
Studio To 10 Bedroom Rentals
Available Now
Affordability

401 N Salisbury St

West LafayetteIN47906
property at 519 S 1st St
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

519 S 1st St, Unit 519.5

519 S 1st St
LafayetteIN47905
property at 415 N 11th St
$975

Total Monthly Price

Base Rent$975

Total Monthly Price$975
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

415 N 11th St

LafayetteIN47904

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 525 N Russell St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
6 Bedroom, 4 Bath Home for Rent
Available Now
Furnished

525 N Russell St, Unit IC House

525 N Russell St
West LafayetteIN47906
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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 1 Bed unit found at Southfork Apartments priced from $499. Leslie Manor Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $533. Here are the most affordable Downtown West Lafaytte apartments for rent in West Lafayette, IN:

Apartment ListingModel NameBed/BathPriced From
Southfork Apartments1BR/1.0BA1BR,1BA$499
Leslie Manor Apartments3 Bedroom-Floorplan C3BR,1BA$533
Uptown WestUptown West - Studio **PROMO PRICING**Studio,1BA$618

Best Value Apartments for Rent in Downtown West Lafaytte, IN

As of September 04, 2026 the best value apartment in the Downtown West Lafaytte area is the $1.20 price per square foot 2BR/2.0BA Model at 102 N 3rd Street in the in the Downtown Lafayette neighborhood starting from $1,750. The second greatest value Downtown West Lafaytte apartment is the 122 N 3rd St Model at 122 N 3rd St starting at $1,250 with a $1.06 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.
102 N 3rd Street2BR/2.0BA2BR,2BA$1.20
122 N 3rd St122 N 3rd St2BR,1BA$1.06
Settlement ApartmentsFour Bedroom, One Bath4BR,1BA$0.80
Salisbury PlaceSalisbury Place - 2027-28 Early Inquiry List3BR,2BA$0.93
1015 Main St, Unit 111015 Main St1BR,1BA$1.11
Victory on Salisbury3BR/1BA3BR,1BA$0.98
Crestview II - 242 S Salisbury St2 Bed, 1 Bath2BR,1BA$1.10
1102 N 10th St, Unit 41102 N 10th StStudio ,1BA$1.07
2712BR/1.0BA2BR,1BA$1.07
Pierce Street Suites1BR/1.0BA1BR,1BA$1.23

Frequently Asked Questions about Downtown West Lafaytte

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

There are currently 334 Apartments for Rent in Downtown West Lafaytte, IN with pricing that ranges from $499 to $9,999. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown West Lafaytte ranging from $850 to $3,998.

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 $850 to $3,998 with an average monthly rent of $1,945.

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 $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,025 to $3,375. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $729.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.