Cheap Apartments for Rent in 47905
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PET FRIENDLYFURNISHED$925 - $1,634/mo
Studio-2 Beds
1-2 BathsAnvil 38 Apartments | 3977 State Road 38 E,
Lafayette, IN 47905
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PET FRIENDLY$989 - $1,274/mo1-2 Beds1-2 BathsThe Ravine Apartment Homes | 100 Timber Trail Dr,
Lafayette, IN 47905
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Average Rent Trends in 47905
Rent in 47905 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,099 |
| Nov 2025 | $1,294 |
| Dec 2025 | $1,300 |
| Jan 2026 | $1,275 |
| Feb 2026 | $1,154 |
| Mar 2026 | $1,150 |
| Apr 2026 | $1,100 |
| May 2026 | $1,142 |
| Jun 2026 | $1,125 |
| Jul 2026 | $1,108 |
| Aug 2026 | $1,150 |
| Sep 2026 | $1,125 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $930 | $1,125 | $1,590 | $2,200 | $1,136 |
| Townhomes | — | $975 | $1,625 | — | $975 |
| Apartments and Condos | $825 | $1,025 | $1,320 | $2,200 | $916 |
| Houses | $999 | $1,400 | $1,700 | $2,100 | $1,695 |
Frequently Asked Questions about Rentals in 47905
- What is the average rent of an apartment in 47905?The average rent of an apartment in 47905 is $1,094 per month. This is about 44% lower than the national average.
- What are the cheapest months to find an apartment to rent in 47905?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,075 per month.
- How many cheap apartments are available in 47905?There are 56 apartments to rent that are cheaper than the city’s average rent of $1,136.
- When is the average rent most expensive in 47905?In the last year, the average rent in 47905 was highest in Jul 2025 when it was $1,325 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 47905?The average rent of a 1 bedroom apartment in 47905 is $930 per month. That is about $62 less than the cost of a studio apartment.
- What are some cities near 47905?Some nearby cities include: Lafayette, Dayton, Buck Creek, Rossville, Mulberry, Battle Ground. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 47905 - 184 Rentas | Trulia