West Lafayette, IN Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in West Lafayette is $1,861, a 0.94% decrease compared to the previous year, when the average rent was $1,879.
Studio Apartments at $1,281 offer the most budget-friendly option with 402 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 683 square feet for $1,390, balancing privacy and affordability.
Two-beedroom units at $1,645 offer 937 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,321 sq ft) for $2,235, suitable for larger households.
Average rent in West Lafayette, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,861 | 956 sq. ft. |
| Studio | $1,281 | 402 sq. ft. |
| 1 Bed | $1,390 | 683 sq. ft. |
| 2 Beds | $1,645 | 937 sq. ft. |
| 3 Beds | $2,235 | 1,321 sq. ft. |
West Lafayette, IN rent trends
Rental prices in West Lafayette, IN have decreased by 0.94% over the past year. The average rent moved from $1,879 to $1,861.
What's the typical rent budget in West Lafayette, IN?
The largest share of rentals in West Lafayette, IN (33%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in West Lafayette, IN?
10,092 or 69% of the households in West Lafayette, IN are renter-occupied while 4,434 or 31% are owner-occupied.
How West Lafayette Compares to Other Cities
| City | Average Rent |
|---|---|
| West Lafayette | $1,861 |
| Indianapolis | $1,250 |
| Evansville | $1,024 |
| Bloomington | $1,595 |
| Fort Wayne | $1,126 |
| New Albany | $1,114 |
| Lafayette | $1,168 |
| Jeffersonville | $1,223 |
| Hammond | $1,224 |
| South Bend | $1,343 |
| Greenwood | $1,372 |
| Lebanon, IN | $1,305 |
| Crawfordsville, IN | $1,096 |
| Frankfort, IN | $867 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all West Lafayette apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.