Lafayette, IN Rental Market Trends

What is the average rent in Lafayette?

The average rent for an apartment in Lafayette is $1,003. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Lafayette, IN

Last updated July 2023

Average Rent	Average Apartment Size
$1,003	840 sq. ft.

What is the average apartment size in Lafayette?

The average size for a Lafayette, IN apartment is 840 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Lafayette, IN apartment rent ranges

Lafayette, IN Occupied Housing Units

16,428 or 52% of the households in Lafayette, IN are renter-occupied while 14,934 or 48% are owner-occupied.

Lafayette, IN rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Lafayette, IN By Neighborhood

Neighborhood	Average Rent
Lafayette City	$955

How Lafayette Compares to Other Cities

City	Average Rent
Indianapolis	$1,191
New Albany	$1,050
Lafayette	$1,003
Jeffersonville	$1,147
Bloomington	$1,445
Carmel	$1,653
Fort Wayne	$1,099
South Bend	$1,205
Greenwood	$1,231
Lawrence	$1,056
Fishers	$1,555
West Lafayette	$1,575
Brownsburg	$1,501
Whitestown	$1,583
Westfield	$1,582
Lebanon	$972
Zionsville	$1,710

What is the average price for a storage unit in Lafayette?

The average rent for a non-climate-controlled 10'x10' storage unit in Lafayette is $90.51. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.