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Apartments for Rent in Lafayette, IN
20 Rentals Available

  • 731 days ago

    3814 Burberry Drive, Lafayette, IN 47905
  • 1151 days ago

    50 Nimitz Drive, West Lafayette, IN 47906
    2 BEDS $500+
    3 BEDS $500+
  • 1151 days ago

    23-5 Hilltop Drive, West Lafayette, IN 47906
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • 524 days ago

    2411 Kestral Blvd, West Lafayette, IN 47906
1-3-city

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Popular searches Average rent Renters guide Demographics

Average rent in Lafayette, IN

$1,018/mo Lafayette, IN average rental price, November 2023
Image Average Rent

The average monthly rent of apartments in Lafayette, IN is $1,018.

Lafayette, IN apartment rent ranges

Lafayette, IN rent trends

Check out the average rent prices in Lafayette by neighborhood.

Compared to the national average rent of $1,718, the average rent in Lafayette, IN is $1,018.

Getting around in Lafayette, IN

12 /100
Car-Dependent
16 /100
Minimal Transit
34 /100
Somewhat Bikeable
Walk Score®: 12, Transit Score®: 16, Bike Score®: 34

Frequently asked questions

When were prices and availability in Lafayette, IN last updated?

Prices and availability in Lafayette, IN were last updated on 26 May 2023.

What are the best apartments in Lafayette, IN?

The best apartment in Lafayette, IN is: Burberry Place Apartments.

What type of rental buildings are in Lafayette, IN?

In Lafayette 54% of the housing is rented out compared to 46% of homes are owned, according to the most recent Census Bureau estimates. 6% of Lafayette’s apartments are found in large buildings of 50 units or more, 66% are located in smaller apartment complexes with less than 50 units, and 27% are single-family rentals.

What do typical apartment communities look like in Lafayette, IN?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Lafayette are about 33 years old, on average. Of these, 33% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 97% of the rental communities here are low-rise, garden-style communities, 3% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Lafayette, IN?

Studio apartments in Lafayette are around 3% of rentals, while 1-bedroom floor plans represent 43% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 46% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

Lafayette, IN in the news

Living in Lafayette, IN

The Wabash River snakes through the bustling town of Lafayette, IN. It's known for being the home of Purdue University, so many of the renters here are students who go to this prestigious institution of higher learning. The town itself is in Tippecanoe County and has an above-average school system run by the Lafayette School Corporation that appeals to young families who rent. Lafayette is located about 125 miles from Chicago and 63 miles from Indianapolis, making it a convenient location to explore either of these bigger cities. Some renters may not even mind the hour commute to Indianapolis. Meanwhile, the downtown district of Lafayette is a lot of fun with an abundance of great restaurants, craft beer breweries and coffee shops to grab a latte, as well as opportunities to walk down the shop-lined streets.

Renting in Lafayette, IN

If you're a renter, you'll be in good company in Lafayette. That's because it's estimated that about half of the population are renters here, which means there are great rental apartments all around town, many of which have scenic views of the Wabash River. Kayaking is also a popular activity for many renters, and some rental communities even offer kayak storage as an amenity. Additionally, other amenities that renters can look forward to include pools, fitness centers and clubhouses. There are also usually walking trails for pets in these pet-friendly rental apartments. Plus, some of the rental apartments that are in the downtown district are even within walking distance of restaurants and shops for a more small-town city vibe in this densely suburban area.

Things for renting

Shopping in Lafayette, IN

The downtown district near rental apartments is a popular place to shop local merchants for specialty goods. Of course, all around town, there are also other retailers from national chains, like Target and Walmart. Specifically, two nice shopping plazas for renters to go to are Market Square Shopping Center and Lafayette Pavillions, which has a variety of small retail stores and a Starbucks. Or, for an indoor mall experience, renters go to Tippecanoe Mall, which has almost 100 stores, including Macy's, Kohl's and JCPenney. There's also a food court and movie theater for entertainment. The mall is located off of Sagamore Parkway, which is one of the main streets that runs through Lafayette near many rental apartments.

Transportation in Lafayette, IN

Interstate 65 is the main highway that goes through Lafayette near many rental apartments. This makes it easy for renters to get to Indianapolis and Chicago through Gary, IN. Alternatively, the local bus for public transportation is run by the Greater Lafayette Transportation Corporation. It's a fixed route bus system that makes it easy for renters to get to local shopping and businesses around town. Otherwise, the closest airport is about an hour away at the Indianapolis International Airport. Renters can also fly out of O'Hare International Airport in Chicago, which is about an hour and a half away by car.

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Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Lafayette, IN. Easily search through a wide selection of apartments for rent in Lafayette, IN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Lafayette, IN apartments with rents starting from $500 and submit your rental application today!

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