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3 Bedroom Apartments for Rent in Lafayette, IN - 7 Rentals available

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Lafayette, IN Demographics

  • Total Population101,931
  • Female 49,611
    Male 52,320
  • Median Age33

Average Rent for 3 Bedroom apartments in Lafayette, IN

  • The average rent for a 3 Bedroom apartment in Lafayette, IN, October 2018$756/mo
  • 1 Bedroom$655
  • 2 Bedrooms$828
  • 3 Bedrooms$1,000

Lafayette, IN 3 Bedroom Apartment Rent Ranges

  • $701-$1,00063%
  • $1,001-$1,50037%

Lafayette, IN 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Oct / 2018 $756 $1,000
Jan / 2018 $756 $1,000
Sept / 2017 $738 $969
May / 2017 $715 $961
Jan / 2017 $709 $952
Sept / 2016 $702 $940
May / 2016 $708 $940
Jan / 2016 $707 $958

Lafayette, IN Households

  • Total Number of Households41,889
  • Family 24,975
    Non-family 16,914
  • Children 12,586
    No Children 29,303
  • Average People Per Household2.46
  • Median Household Income$42,497
  • Median Housing Costs Per Month$778

Lafayette, IN Education Statistics

  • No High School4%
  • Some High School38%
  • Some College24%
  • Associate Degree8%
  • Bachelor Degree17%
  • Graduate Degree8%

Renting a 3 bedroom apartment in Lafayette, IN

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,147 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Lafayette, IN, rents on 3 bedroom apartments go up to $1,350. 6 rental properties offer 3 bedroom units in Lafayette, IN to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Lafayette, IN

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $526 in Lafayette, IN, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Lafayette City or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.