Apartments for Rent in Lafayette, IN

Prices and availability in Lafayette, IN were last updated on 21 Oct 2026.

The best apartments in Lafayette, IN are: Copper Gate, Pheasant Run, Waterford Court, The Bluffs and Shenandoah Properties.

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

The price range for a studio apartment in Lafayette, IN is between $749 and $1,300.

The price range for a 1-bedroom apartment in Lafayette, IN is between $600 and $2,231.

The price range for a 2-bedroom apartment in Lafayette, IN is between $611 and $2,999.

The price range for a 3-bedroom apartment in Lafayette, IN is between $955 and $3,995.

In Lafayette, 53% of the residents are renting compared to 47% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 8% of Lafayette's rentals, 67% are small-scale complexes with under 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.

Rental apartments in Lafayette come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 43% of the total apartments in the city, while 2-bedroom floorplans represent around 46% of all rentals in Lafayette. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.