Zumper
modified
1 Day Ago

Highlights

  • Pet Friendly
  • Conveniently located
  • Exceptional amenities
  • Contemporary features
  • Luxurious apartment living
  • High-end finishes
  • Brand-new property

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 is a newly constructed property that combines contemporary features with luxurious amenities, achieving an impressive Zumper expert rating of 7.9. Its competitive pricing and exceptional amenities score of 10 indicate excellent value, complemented by a prime location rated 9 for convenience to key points of interest. This pet-friendly property also provides transparency in its listings, earning a trustworthiness score of 8, ensuring potential renters can make informed decisions.

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

7.9
Very Good
Precedent Flats is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • More space
  • Dishwasher
  • Images Available

Great for

  • Pet owners

Floor plans

Hanna1 bed1 bath849 sqft$1,465 /mo6 units availablehttps my matterport com show ?m=q98zvQoJha6
Hedgewood1 bed1 bath965 sqft$1,485 /mo3 units availablehttps my matterport com show ?m=7ALMGLDtVCb
Lincoln2 bed1 bath978 sqft$1,550 /mo5 units availablehttps my matterport com show ?m=USWxCt4cNmR
Vinton2 bed2 bath1,296 sqft$1,730 /mo9 units availablehttps my matterport com show ?m=42k7WLNZDTX
Perrin2 bed2 bath1,222 sqft$1,740 /mo3 units availablehttps my matterport com show ?m=4KjRGXkWC3i
Wabash3 bed2 bath1,393 sqft$1,875 /mo2 units availablehttps my matterport com show ?m=hDzvuEdmRYi

Let's explore this property.

Amenities for Precedent Flats

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 RecyclingValet 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

REQUIRED FEES

Security Deposit

One-time. Refundable.

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

HomeApartments in Lafayette Precedent Flats

Established in 2023, Precedent Flats has swiftly become the epitome of luxurious apartment living in Lafayette, Indiana. Our brand-new property offers expansive one, two, and three-bedroom floor plans with exceptional amenities, ensuring an unmatched living experience. Conveniently located near IU Arnett Hospital and along bus routes, residents enjoy easy access to Purdue campus and destinations across Lafayette. Each apartment is thoughtfully designed with high-end finishes and contemporary features, seamlessly blending luxury and convenience.


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.
7.9
/10
Very Good
Precedent Flats is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated Precedent Flats
Price·7A 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.
While the monthly rent is more than the median price per bedroom of nearby properties, Precedent Flats has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
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 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 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 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 is great for:

Pet owners

  • Outdoor spaces are available at this property

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 compares to other nearby properties.

Positives

More space
The 1-bedroom is 546 sqft larger than other listings nearby
More space
The 2-bedroom is 336 sqft larger than other listings nearby
More space
The 3-bedroom is 128 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen
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 to be 29% more than the average for similarly sized apartments in Lafayette.

3-bedroom apartments at Precedent Flats cost about 25% more than the average rent price for 3-bedroom apartments in Lafayette.

Median rents as of Dec 13 2025.
Lafayette
A table of studio rental data trends in Lafayette
MonthMedian Rent
December 2023$849
January 2024$992
February 2024$799
March 2024$808
April 2024$838
May 2024$850
June 2024$779
July 2024$812
August 2024$839
September 2024$830
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

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

$59,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,000 annually to afford this 1-bedroom median monthly rent price of $1,475.
For more information on rent affordability, visit our rent calculator.

Schools near Precedent Flats

Wyandotte Elementary School

5865 e 50 s

lafayette, IN, 47905

K-5Public
A-
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Internet available near Precedent Flats

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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