Cheap Apartments for Rent in Lafayette, IN
329 rentals
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Average Rent Trends in Lafayette, IN
Rent in Lafayette, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,200 |
| Jul 2025 | $1,295 |
| Aug 2025 | $1,250 |
| Sep 2025 | $1,200 |
| Oct 2025 | $1,175 |
| Nov 2025 | $1,221 |
| Dec 2025 | $1,250 |
| Jan 2026 | $1,200 |
| Feb 2026 | $1,175 |
| Mar 2026 | $1,150 |
| Apr 2026 | $1,099 |
| May 2026 | $1,100 |
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 | $949 | $1,199 | $1,700 | $1,810 | $1,100 |
| Townhomes | — | $1,294 | $1,300 | $2,220 | $1,300 |
| Apartments and Condos | $920 | $1,200 | $1,200 | $2,140 | $1,000 |
| Houses | $979 | $1,275 | $1,800 | $1,810 | $1,650 |
Frequently Asked Questions about Rentals in Lafayette, IN
- What is the average rent of an apartment in Lafayette, IN?The average rent of an apartment in Lafayette, IN is $1,008 per month. This is about 48% lower than the national average.
- What is the average rent of a house in Lafayette, IN?The average rent of a house in Lafayette, IN is $1,700 per month. This is about 12% lower than the national average.
- What is the average rent of a townhome in Lafayette, IN?The average rent of a townhome in Lafayette, IN is $1,650 per month. This is about 14% lower than the national average.
- When is the average rent cheapest in Lafayette, IN?In the last year, the average rent in Lafayette, IN was lowest in Apr 2025 when it was $1,150 per month.
- When is the average rent most expensive in Lafayette, IN?In the last year, the average rent in Lafayette, IN was highest in Jul 2025 when it was $1,295 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Lafayette, IN?The average rent of a 1 bedroom apartment in Lafayette, IN is $919 per month. That is about $124 more than the cost of a studio apartment.
- How many available rental listings are in Lafayette, IN?There are 340 available rental listings in Lafayette, IN.
- What are some neighborhoods in Lafayette, IN?Some neighborhoods in Lafayette, IN include: Saint Lawrence-McCallister, Columbian Park, Lincoln, Vinton.
- What are some zip codes in Lafayette, IN?
- What are some cities near Lafayette, IN?Some nearby cities include: Dayton, Buck Creek, Stockwell, Mulberry, Rossville. These cities may have more rental options to explore.