34 Minutes Ago
Highlights
Pet Friendly
Location
4854 Precedent Way, Lafayette, IN 47905, USA
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Property Overview
Precedent Flats presents a strong option for renters with an expert rating of 7.9 out of 10, highlighting its competitive pricing and generous amenities rating of 10. Its location also rates high at 9 out of 10, ensuring easy access to key points of interest. The property features an impressive 21 photos and is noted for its pet-friendly outdoor spaces, demonstrating its appeal and transparency in communication.
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.
Things you’ll love
More space- Images Available
- Outdoor space
Great for
Pet owners
Floor plans
| Hedgewood | 1 bed | 1 bath | 965 sqft | $1,485 /mo | 1 unit available | https my matterport com show ?m=7ALMGLDtVCb | |
| Vinton | 2 bed | 2 bath | 1,296 sqft | $1,730 /mo | 2 units available | https my matterport com show ?m=42k7WLNZDTX | |
| Wabash | 3 bed | 2 bath | 1,393 sqft | $1,875 /mo | 1 unit available | https my matterport com show ?m=hDzvuEdmRYi |
Let's explore this property.
Amenities for Precedent Flats
Apartment Amenities
| Balcony | Granite Countertops |
| Outdoor Lounge | Patio |
Appliances
| Dishwasher | Electric Range/Oven |
| Fridge | Garbage Disposal |
| Icemaker | In-Unit Laundry |
| Microwave | Oven |
| Range | Refrigerator |
| Stainless Steel Appliances | Washer and Dryer |
Building
| 24/7 Fitness Center | Cats OK |
| Dogs OK | Fitness Center |
| Residents Lounge |
Grounds
| Fire Pit | Garage Parking |
| Swimming Pool |
Services
| Valet Recycling | 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
Dog policy
| Allowed | |
|---|---|
| Limit | 1 |
Cat policy
| Allowed | |
|---|---|
| Limit | 1 |
Parking
| Garage Parking | Contact for Price |
|---|
Building details
Property details
| Units | 240 |
|---|
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About Precedent Flats
https my matterport com show ?m=42k7WLNZDTX
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 GoodPrecedent 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.
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:
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 2-bedroom is 285 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
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Rent trends in Lafayette
1-bedroom apartments here are priced 58% higher than 1-bedrooms in Lafayette.
If you decide to upgrade your space, you can expect 2-bedrooms at Precedent Flats to be 41% more than the average for similarly sized apartments in Lafayette.
3-bedroom apartments at Precedent Flats cost about 15% more than the average rent price for 3-bedroom apartments in Lafayette.
Median rents as of Sep 13 2025.
Lafayette
| Month | Median Rent |
|---|---|
| September 2023 | $825 |
| October 2023 | $1,011 |
| November 2023 | $1,296 |
| December 2023 | $909 |
| 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 | $785 |
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
$59,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $59,400 annually to afford this 1-bedroom monthly rent price of $1,485.
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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