What's the average rent in Lafayette, IN?

Rental Market Trends in Lafayette, IN

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Lafayette, IN is $1,200 per month, which is 39% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,200

0.6%$7 increase month-over-month

-3.9%-$49 decrease year-over-year

AVAILABLE RENTALS

309

APARTMENTS

$984

HOUSES

$1,700

TOWNHOUSES

$1,395

As of August 2026, apartments are the most affordable rental option in Lafayette, IN at $984 per month, while houses are the most expensive at $1,700 per month. Townhomes average $1,395 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$964
2 Bedrooms	$1,229
3 Bedrooms	$1,690
4 Bedrooms	$2,100
All	$1,200

As of August 2026, the average rent for a 1 bedroom rental in Lafayette, IN is $964 per month, followed by $1,229 for a 2 bedroom rental, $1,690 for a 3 bedroom rental, and $2,100 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,375
3 Bedrooms	$1,650
4 Bedrooms	—
All	$1,395

As of August 2026, the average rent for a 2 bedroom townhome in Lafayette, IN is $1,375 per month, followed by $1,650 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,300
3 Bedrooms	$1,800
4 Bedrooms	—
All	$1,060

As of August 2026, the average rent for a 1 bedroom apartment in Lafayette, IN is $900 per month, followed by $1,300 for a 2 bedroom apartment, and $1,800 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$979
2 Bedrooms	$1,349
3 Bedrooms	$1,795
4 Bedrooms	$2,100
All	$1,700

As of August 2026, the average rent for a 1 bedroom house in Lafayette, IN is $979 per month, followed by $1,349 for a 2 bedroom house, $1,795 for a 3 bedroom house, and $2,100 for a 4 bedroom house.