Cheap Homes for Rent in West Lafayette, IN from $800 (57 Rentals)

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Search the lowest-cost Homes available for rent right now in 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.

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.

property at 405 N Salisbury St

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899

Total Monthly Price
$899

3 Bedroom, 2 Bath Home for Rent

Available May 13

405 N Salisbury St

West LafayetteIN47906

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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

West Lafayette, IN Local Guide

Cheapest Neighborhoods for Apartments in West Lafayette, IN

Pricing Updated: 04/16/2026

Current apartment rentals in the West Lafayette, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for West Lafayette Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown West Lafaytte$1,775$595160
Discovery Park$1,810$499236

Cheapest Available West Lafayette Apartments for Rent

 

The cheapest available apartment rental in West Lafayette, IN is a Studio unit found at Stonecrest Apartments in the Downtown Lafayette neighborhood priced from $625. Launch in the Discovery Park neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $649. Here is today’s list of the most affordable West Lafayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonecrest ApartmentsStudioStudio,1BA$625
Launch3A3BR,3BA$649
VarsityThe Varsity - 109 **Short term Lease**Studio,1BA$699
Downtown Lafayette Living!StudioStudio,1BA$750
Woods EdgeThe Boilermaker1BR,1BA$750
Fairway ApartmentsKingston | Text to Tour 765-735-3515. Priced pe...2BR,1BA$760
Where Comfort Meets Value1 Bedroom1BR,1BA$795
AnandaAnanda - Economy - Unit 47 **Available Now**Studio,1BA$799

Best Value Apartments for Rent in West Lafayette, IN

As of April 16, 2026 the best value apartment in the West Lafayette 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 West Lafayette apartment is the 3 Bedroom x 3.5 Bathroom Townhouse Model at Lark West Lafayette Townhomes starting at $649 with a $0.34 price per square foot . Here is today’s list of the best values for West Lafayette 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
Lark West Lafayette Townhomes3 Bedroom x 3.5 Bathroom Townhouse3BR,3.5BA$0.34
1831 N 13th St, Unit Unit A1831 N 13th St2BR,2BA$0.84
Lark West Lafayette ApartmentsApartments3BR,3BA$0.37
The Press1BR/1.0BA1BR,1BA$0.77
315 N 10th St, Unit North Street315 N 10th St3BR,1.5BA$0.80
Lodge on the TrailNevada-PREM3BR,3BA$0.56
The Cottages on Lindberg2 BEDROOM 2.5 BATH2BR,2.5BA$0.77
The Oasis3C- Premium 13's3BR,3BA$0.78
Fairway ApartmentsKingston | Text to Tour 765-735-3515. Priced pe...2BR,1BA$0.85

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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West Lafayette, IN Area Reviews

    Marcella1+ years in West Lafayette

    February 25, 2025

    Do you have any apartments on George Street

    Frequently Asked Questions about West Lafayette

    What type of rentals are currently available in West Lafayette?

    There are currently 473 Apartments for Rent in West Lafayette, IN with pricing that ranges from $499 to $3,600. There are also 120 Single Family Homes for rent, Condos, and Townhome rentals currently available in West Lafayette ranging from $800 to $3,500.

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

    Today's rental pricing for Homes for Rent, Condos and Townhomes in West Lafayette ranges from $800 to $3,500 with an average monthly rent of $1,580.

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

    For those who are looking for larger living arrangements, Three Bedroom Apartments in West Lafayette range from $649 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,810 and Four Bedroom Apartments start at $699.

    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 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.

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

    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.