Zumper
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Updated 7 Hours Ago

Highlights

  • Zero Deposit
  • Pet Friendly
  • Private balcony
  • Swimming pool
  • Open layout
  • Fitness center
  • In-unit laundry
  • Generous closet space

Location

4854 Precedent Way, Lafayette, IN 47905, USA
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Contact

Management

Precedent Flats Apartments

Leasing office

(765) 771-7085

Property Overview

Precedent Flats | Specials Available offers a strong mix of value, convenience, and comfort, with a high expert rating, excellent price-to-amenity balance, and a prime location. It stands out for its private balcony, swimming pool, open layout, fitness center, in-unit laundry, generous closet space, and pet-friendly features, plus a large photo set that helps renters preview the property.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, Precedent Flats | Specials Available is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Precedent Flats | Specials Available has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Images Available
  • Outdoor space

Great for

  • Pet owners

Floor plans

Hanna1 bed1 bath849 sqft$1,385 /mo1 unit availableLeasing Specials: Move-in by 9/15: Receive one month free + waived admin fee! Move-in by 9/30: Receive one month free! Move-in by 10/15: Receive a waived admin fee on select units! $400 in savings! *On unit 6-102* The Hanna floor plan offers a thoughtfully designed 1-bedroom, 1-bathroom layout that blends comfort with modern style. This inviting home features an open living and dining area that flows seamlessly into a well-appointed kitchen with an island, making it ideal for entertaining or casual meals. The spacious bedroom provides a peaceful retreat with generous closet space, while the bathroom is conveniently located for both everyday use and guests. Additional highlights include in-unit laundry, ample storage throughout, and a private balcony that extends your living space outdoors. The Hanna is perfect for those seeking a smart, stylish layout that feels both functional and welcoming. ADDITIONAL DETAILS: No Security Deposit Required! Administrative Fee: $400 PET POLICY: Maximum of 2 pets $300 one-time non-refundable pet fee per pet $35 per month per pet
Hedgewood1 bed1 bath965 sqft$1,465 /mo3 units availableMove-in by 9/15: one month + waived admin fee Move-in by 9/30: one month free The Hedgewood is a refined 1-bedroom, 1-bathroom floor plan that offers a spacious, thoughtfully curated living experience. Designed to feel both open and elegant, the expansive living area provides the perfect setting for entertaining or unwinding in style, seamlessly connecting to a dedicated dining area and a sleek, modern kitchen with generous counter space. The bedroom is tucked away for privacy, creating a calm and comfortable retreat, while ample storage and in-unit laundry add everyday convenience. A private balcony completes the home, extending your living space outdoors and enhancing the elevated, luxury feel. ADDITIONAL DETAILS: No Security Deposit Required! Administrative Fee: $400 PET POLICY: Maximum of 2 pets $300 one-time non-refundable pet fee per pet $35 per month per pet
Lincoln2 bed1 bath978 sqft$1,499 /mo2 units availableMove-in by 9/15: one month + waived admin fee Move-in by 9/30: one month free Move-in by 10/15: waived admin fee on select units *Unit 5-209* The Lincoln floor plan offers a refined, spacious 2-bedroom, 1-bathroom layout designed for elevated everyday living. This thoughtfully arranged home features an open living area that flows effortlessly into a stylish kitchen with an island, creating a perfect setting for entertaining or relaxed nights in. Both bedrooms are generously sized and positioned for privacy, offering flexible space for rest, work, or guests. A well-appointed bathroom, in-unit laundry, and ample storage throughout enhance convenience, while a private balcony extends your living space outdoors. The Lincoln is ideal for those seeking a sophisticated home with comfort, balance, and modern appeal. ADDITIONAL DETAILS: No Security Deposit Required! Administrative Fee: $400 PET POLICY: Maximum of 2 pets $300 one-time non-refundable pet fee per pet $35 per month per pet
Vinton2 bed2 bath1,296 sqft$1,685 /mo2 units availableMove-in by 9/15: one month + waived admin fee Move-in by 9/30: one month free ADDITIONAL DETAILS: No Security Deposit Required! Administrative Fee: $400 PET POLICY: Maximum of 2 pets $300 one-time non-refundable pet fee per pet $35 per month per pet
Wabash3 bed2 bath1,393 sqft$1,920 /mo1 unit available

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Amenities for Precedent Flats | Specials Available

Apartment Amenities

BalconyCentral Heat
Granite CountertopsHardwood Floor
PantryPatio
Plank Hardwood FlooringSoft Close Cabinets
Walk-in Closet

Appliances

DishwasherElectric Range/Oven
FridgeGarbage Disposal
IcemakerIn-Unit Laundry
MicrowaveOven
RangeRefrigerator
Stainless Steel AppliancesWasher and Dryer

Building

Cats OKCentral Heating & Cooling
Controlled Keyless EntryDogs OK

Services

Valet Trash Service
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units240
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About Precedent Flats | Specials Available

HomeApartments in Lafayette Precedent Flats | Specials Available

Welcome to Precedent Flats Apartments - a modern luxury apartment community in Lafayette, IN offering spacious 1, 2, and 3-bedroom floor plans with upscale finishes and resort-style amenities. Residents enjoy a swimming pool, fitness center, in-unit washer and dryer, pet-friendly living, and convenient access to Purdue University, IU Health Arnett, shopping, dining, and major employers throughout Lafayette. Experience comfort, style, and convenience in one of Lafayette’s newest apartment communities.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, Precedent Flats | Specials Available is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Precedent Flats | Specials Available has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Precedent Flats | Specials Available
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Precedent Flats | Specials Available stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Precedent Flats | Specials Available stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Precedent Flats | Specials Available is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Precedent Flats | Specials Available does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Precedent Flats | Specials Available is great for:

Pet owners

  • Outdoor spaces are available at this property
  • Pet deposit required

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Precedent Flats | Specials Available compares to other nearby properties.

Positives

More space
The 1-bedroom is 524 sqft larger than other listings nearby
More space
The 2-bedroom is 366 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Walk-in closet
More closet space on average

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Rent trends in Lafayette

1-bedroom apartments here are priced 48% higher than 1-bedrooms in Lafayette.

If you decide to upgrade your space, you can expect 2-bedrooms at Precedent Flats | Specials Available to be 31% more than the average for similarly sized apartments in Lafayette.

3-bedroom apartments at Precedent Flats | Specials Available cost about 16% more than the average rent price for 3-bedroom apartments in Lafayette.

Median rents as of Aug 29 2026.
Lafayette
A table of studio rental data trends in Lafayette
MonthMedian Rent
September 2024$824
October 2024$794
November 2024$885
December 2024$955
January 2025$999
February 2025$993
March 2025$974
April 2025$875
May 2025$851
June 2025$893
July 2025$894
August 2025$839
September 2025$770
October 2025$773
November 2025$811
December 2025$900
January 2026$903
February 2026$899
March 2026$895
April 2026$872
May 2026$852
June 2026$841
July 2026$770
August 2026$780

Affordability calculator

Can I afford to live at 4854 Precedent Way?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$57,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $57,000 annually to afford this 1-bedroom median monthly rent price of $1,425.
For more information on rent affordability, visit our rent calculator.

Schools near Precedent Flats | Specials Available

Wyandotte Elementary School

5865 e 50 s

lafayette, IN, 47905

K-5Public
A-

Bauer Family Resource - Copper Gate

3130 coppergate circle

lafayette, IN, 47909

PKPublic
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Internet available near Precedent Flats | Specials Available

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Lafayette near 4854 Precedent Way

Walking

2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

3/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 4854 Precedent Way, Lafayette

Groceries

1/10
No grocery stores within walking distance

Shopping

4/10
Some shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

3/10
Few or no restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Nightlife

1/10
Few or no bars within walking distance

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