Apartments for Rent in Lafayette, IN

Prices and availability in Lafayette, IN were last updated on 14 May 2026.

The best apartments in Lafayette, IN are: Copper Gate, Redwood Lafayette, Concord Crossing, Hawthorne Properties and Waterford Court.

The average rent in Lafayette, IN is $1,108.

The price range for a studio apartment in Lafayette, IN is between $729 and $1,167.

The price range for a 1-bedroom apartment in Lafayette, IN is between $729 and $2,151.

The price range for a 2-bedroom apartment in Lafayette, IN is between $729 and $2,663.

The price range for a 3-bedroom apartment in Lafayette, IN is between $899 and $4,000.

In Lafayette 52% of the housing is rented out compared to 48% 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, 68% are located in smaller apartment complexes with less than 50 units, and 25% are single-family rentals.

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, 37% 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 95% of the rental communities here are low-rise, garden-style communities, 5% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

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.