What's the average rent in Lafayette, IN?

Rental Market Trends in Lafayette, IN

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Lafayette, IN is $1,175 per month, which is 40% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,175

6.8%$75 increase month-over-month

-5.9%-$74 decrease year-over-year

AVAILABLE RENTALS

336

APARTMENTS

$1,101

HOUSES

$1,580

TOWNHOUSES

$1,410

As of June 2026, apartments are the most affordable rental option in Lafayette, IN at $1,101 per month, while houses are the most expensive at $1,580 per month. Townhomes average $1,410 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$921
2 Bedrooms	$1,200
3 Bedrooms	$1,600
4 Bedrooms	$1,800
All	$1,175

As of June 2026, the average rent for a 1 bedroom rental in Lafayette, IN is $921 per month, followed by $1,200 for a 2 bedroom rental, $1,600 for a 3 bedroom rental, and $1,800 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,300
3 Bedrooms	$1,650
4 Bedrooms	—
All	$1,410

As of June 2026, the average rent for a 2 bedroom townhome in Lafayette, IN is $1,300 per month, followed by $1,650 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,200
3 Bedrooms	$1,400
4 Bedrooms	$1,995
All	$1,000

As of June 2026, the average rent for a 1 bedroom apartment in Lafayette, IN is $900 per month, followed by $1,200 for a 2 bedroom apartment, $1,400 for a 3 bedroom apartment, and $1,995 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,000
2 Bedrooms	$1,295
3 Bedrooms	$1,700
4 Bedrooms	$2,100
All	$1,580

As of June 2026, the average rent for a 1 bedroom house in Lafayette, IN is $1,000 per month, followed by $1,295 for a 2 bedroom house, $1,700 for a 3 bedroom house, and $2,100 for a 4 bedroom house.