16 Hours Ago
Highlights
Pet Friendly
Location
318 South 5th Street, Lafayette, Indiana 47901, United States|Ellsworth Romig
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Property Overview
Railhouse Apartments receives an expert rating of 7.9 out of 10, reflecting its strong appeal to renters due to a competitive price-to-value ratio of 8 out of 10. With an impressive amenities rating of 9 out of 10 and a top location rating of 9 out of 10, residents enjoy excellent access to transport, schools, and various entertainment options. Additionally, the property ranks in the 82.76 percentile for value, and is particularly noted for its pet-friendly environment, remote work suitability, and vibrant social life nearby.
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
Less expensive- Elementary school nearby
- Pet friendly
Great for
Work-from-home
Social life
Pet owners
Floor plans
| 1A - Railhouse Apartments | 1 bed | 1 bath | 497 sqft | $829 /mo | |||
| 2A - Railhouse Apartments | 2 bed | 1 bath | 929 sqft | $870 /mo |
Let's explore this property.
Amenities for Railhouse Apartments
Apartment Amenities
| Air Conditioning | Linen Closet |
Tech
| Cable/Satellite | High-Speed Internet |
Building
| Cats OK | Dogs OK |
Other
| Short Term Lease |
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
Application Fee
One-time. Agent application fee.
Contact Property
REQUIRED FEES
Security Deposit
One-time.
$500
OPTIONAL FEES
Dog Policy
Allowed
Limit2
Cat Policy
Allowed
Limit2
Cat
Pet Rent
Monthly. 2 cats max. Cat $40/per pet, max 2 pets. One-time non-refundable pet fee $300/pet.
$40
Pet Fee
One-time fee per pet.
$300
Pet Deposit
One-time deposit per pet.
$0
Dog
Pet Rent
Monthly. 2 dogs max. Dog $40/per pet, max 2 pets. One-time non-refundable pet fee $300/pet.
$40
Pet Fee
One-time fee per pet.
$300
Pet Deposit
One-time deposit per pet.
$0
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 1935 |
|---|---|
| Units | 12 |
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About Railhouse Apartments
This pet friendly property has one and two bedrooms to offer. Please call for more information.
Year Built: 1935
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 GoodRailhouse Apartments 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·8A 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.
Scoring a 8/10, Railhouse Apartments is a great option for renters looking for apartments in Ellsworth Romig. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A 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.
Railhouse Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Railhouse Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Railhouse Apartments 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 Railhouse Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
Railhouse Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Railhouse Apartments 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 Railhouse Apartments compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Pet friendly
- This property allows pets
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Ellsworth Romig
1-bedroom apartments here are priced 23% lower than 1-bedrooms in Ellsworth Romig.
If you decide to upgrade your space, you can expect 2-bedrooms at Railhouse Apartments to be 40% less than the average for similarly sized apartments in Ellsworth Romig.
Median rents as of Nov 29 2025.
Ellsworth Romig
Lafayette
| Month | Median Rent |
|---|---|
| December 2023 | $919 |
| 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 |
| Month | Median Rent |
|---|---|
| February 2024 | $799 |
| March 2024 | $799 |
| April 2024 | $799 |
| November 2024 | $961 |
| December 2024 | $999 |
| January 2025 | $999 |
| February 2025 | $999 |
| March 2025 | $999 |
| April 2025 | $999 |
| May 2025 | $936 |
| June 2025 | $903 |
| July 2025 | $899 |
| August 2025 | $852 |
| September 2025 | $719 |
| October 2025 | $699 |
| November 2025 | $775 |
Affordability calculator
Can I afford to live at 318 South 5th Street?
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
$33,160/yr
With your selected rent-to-income ratio, you'd ideally want to make $33,160 annually to afford this 1-bedroom monthly rent price of $829.
For more information on rent affordability, visit our rent calculator.
Schools near Railhouse Apartments
Thomas Miller Elementary School
700 s 4th st
lafayette, IN, 47905
K-4Public
C+
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Internet available near Railhouse Apartments
Getting around Lafayette near 318 South 5th Street
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 318 South 5th Street, Lafayette
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Nightlife
4/10
Some bars within a few minutes’ walk
Explore the area around 318 South 5th Street
Better World Market
402 Brown St
Pay Less Super Markets
2200 Greenbush St
La Tapatia
3100 Cincinnati St
Jalisco Groceries
3315 McCarty Ln
ALDI
957 Sagamore Pkwy S
AJM Fashions LLC
17 S 6th St
Seajay's Boutique
309 Columbia St
Juniper
340 E State St
Edith Chloe Self Care Shop
1605 Kossuth St
Target
300 W State St
Lobby By Greyhouse
526 Main St
Hammer Donuts
611 Main St
Eleventh House
Sacred Grounds
724 Wabash Ave
Fuel
106 S 16th St
The Spot Tavern
409 S 4th St
Knickerbocker Saloon
113 N 5th St
Digby's Pub and Patio
133 N 4th St
Black Sparrow
223 Main St
Lafayette Brewing Company
622 Main St
Smitty Bread
415 S 4th St
Sweet Revolution Bake Shop
109 N 5th St
O'Rears Pastry Shop
321 N 9th St
Great Harvest Bread
1500 Kossuth St
Einstein Bros Bagels
201 & 203 Northwestern Ave
The Spot Tavern
409 S 4th St
Sichuan House
2 S 4th St
S & L Ichiban Investment LLC
2 S 4th St
Donald McClean
501 Columbia St
Sunrise Diner
501 Columbia St
Fountain St / 4th St (NW Corner)
Fourth St
South Tipp Park On 3rd St
Fourth St
Alabama St / 4th St (SW Corner)
Fourth St
3rd St / Alabama St (SE Corner)
Fourth St
South St / 5th St (SW Corner)
Tippecanoe Mall, Park East, Lafayette Square, South 9th St
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