Cheap Apartments for Rent in 47905
66 rentals
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- PET FRIENDLY$795 - $1,200/mo1-2 Beds1 Bath420 Tinkler/509 Perrin | 420 Tinkler Perrin #2-509,
Lafayette, IN 47905 - $893 - $1,892/moStudio-3 Beds1-3 BathsAnvil 38 Apartments | 3977 State Road 38 E #111,
Lafayette, IN 47905 - $975 - $1,300/mo1-3 Beds1-2 BathsCrosspoint Apartments | 3951-3959 Amelia Ave #4ef122dcf,
Lafayette, IN 47905 - $1,048 - $1,779/mo1-3 Beds1-3 BathsBurberry Place Apartments | 3814 Burberry Dr #1015-B,
Lafayette, IN 47905 - $1,084 - $1,199/mo1-2 Beds1 BathMcCarty Place Apartments | 3545 McCarty Ln #A205,
Lafayette, IN 47905 - $1,147 - $1,274/mo2 Beds2 BathsThe Ravine Apartment Homes | 100 Timber Trail Dr #800-814,
Lafayette, IN 47905 Save Search 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 increased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,199 |
| Jul 2025 | $1,325 |
| Aug 2025 | $1,199 |
| Sep 2025 | $1,149 |
| 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 |
Average Rent By Bedroom and Home Type
In May 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 | $956 | $1,157 | $1,700 | $1,900 | $1,125 |
| Townhomes | — | $925 | $1,300 | — | $1,300 |
| Apartments and Condos | $900 | $1,300 | $1,200 | — | $950 |
| Houses | — | $1,275 | $1,700 | $1,810 | $1,500 |
Frequently Asked Questions about Rentals in 47905
- What is the average rent in 47905?The average rent in 47905 is $1,125. Rent prices range from $725 to as much as $2,150, depending on the type of rental.
- How does the rent in 47905 compare to the national average?Average rent in 47905 is about 41% lower than the national average rent of $1,910. That means it is less expensive to rent in 47905 compared to the U.S. average.
- What is the average rent in 47905, by number of bedrooms?The average rent in 47905 is $859 for a studio, $956 for a 1 bedroom, $1,157 for a 2 bedroom, $1,700 for a 3 bedroom, and $1,900 for a 4 bedroom.
- How have rent prices in 47905 changed compared to last year?In the past year, the average rent price in 47905 has decreased by $75. That means the average rent is 7% lower than last year.
- How many available rental listings are in 47905?There are 68 available rental listings in 47905.
- 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.