What's the average rent in Lafayette, IN?
Rental Market Trends in Lafayette, IN
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SOURCE: TRULIA DATA
Rental market highlights
As of November 2026, the average rent in Lafayette, IN is $1,195 per month, which is 38% lower than the national average rent of $1,932 per month.
AVERAGE RENT
$1,195
-2.4%-$29 decrease month-over-month
-2.4%-$30 decrease year-over-year
AVAILABLE RENTALS
306
APARTMENTS
HOUSES
TOWNHOUSES
As of November 2026, apartments are the most affordable rental option in Lafayette, IN at $1,107 per month, while houses are the most expensive at $1,650 per month. Townhomes average $1,350 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $935 |
| 2 Bedrooms | $1,199 |
| 3 Bedrooms | $1,616 |
| 4 Bedrooms | $1,695 |
| All | $1,195 |
As of November 2026, the average rent for a 1 bedroom rental in Lafayette, IN is $935 per month, followed by $1,199 for a 2 bedroom rental, $1,616 for a 3 bedroom rental, and $1,695 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,344 |
| 3 Bedrooms | $1,529 |
| 4 Bedrooms | — |
| All | $1,350 |
As of November 2026, the average rent for a 2 bedroom townhome in Lafayette, IN is $1,344 per month, followed by $1,529 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,195 |
| 3 Bedrooms | $1,335 |
| 4 Bedrooms | $1,075 |
| All | $1,075 |
As of November 2026, the average rent for a 1 bedroom apartment in Lafayette, IN is $800 per month, followed by $1,195 for a 2 bedroom apartment, $1,335 for a 3 bedroom apartment, and $1,075 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,295 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $1,817 |
| All | $1,650 |
As of November 2026, the average rent for a 1 bedroom house in Lafayette, IN is $800 per month, followed by $1,295 for a 2 bedroom house, $1,700 for a 3 bedroom house, and $1,817 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -2% compared to the previous year, which is a $26 decrease.
This year (2026)
Last year (2025)
Rent distribution
59% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $550 to $5,000.