Updated 3 Days Ago
Highlights
- Open concept
- Washer/dryer
- Spacious
- Downtown living area
Location
541 S 4th St, Lafayette, IN 47901, USA|Ellsworth Romig
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Property Overview
541 South 4th Street offers an open-concept, spacious layout with in-unit washer/dryer and a downtown living area, while also earning a solid 7.4 Zumper Expert Rating. Its strong amenities and location ratings, plus nearby dining, cultural venues, and entertainment, make it appealing for renters who value convenience and an active social setting, with a nearby elementary school adding to its overall appeal.
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
Elementary school nearby- Eco-friendly trash disposal
Great for
Social life
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 800 sqft | $925 /mo | 1 unit available | Downtown 2 bed/1 bath apartment close to downtown!!! Very spacious and open concept living area. Washer/Dryer in the unit. Gas and Electric in Residents name. Water fee is a $35 flat monthly rate. |
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Amenities for 541 South 4th Street
Apartment Amenities
| Trash |
Appliances
| In-Unit Laundry | Microwave |
| Range | Refrigerator |
| Stove | Washer and Dryer |
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
Building details
Property details
| Units | 2 |
|---|
About 541 South 4th Street
Downtown 2 bed/1 bath apartment close to downtown!!! Very spacious and open concept living area. Washer/Dryer in the unit. Gas and Electric in Residents name. Water fee is a $35 flat monthly rate.
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.
7.4
/10
Very Good541 South 4th Street 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·6A 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.
541 South 4th Street is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
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.
541 South 4th Street goes above and beyond to provide sought-after conveniences and desirable perks, including trash. Renters looking for popular or luxurious features will find them here—and for that reason, 541 South 4th Street 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.
541 South 4th Street 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 541 South 4th Street 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.
541 South 4th Street 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 541 South 4th Street compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 miles away
- Eco-friendly trash disposal
- This property has recycling pickup
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1.3 miles away
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Ellsworth Romig
2-bedroom apartments at 541 South 4th Street cost about 24% less than the average rent price for 2-bedroom apartments in Ellsworth Romig.
Median rents as of Oct 17 2026.
Ellsworth Romig
Lafayette
| Month | Median Rent |
|---|---|
| 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 |
| September 2026 | $821 |
| October 2026 | $788 |
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $899 |
| January 2026 | $899 |
| February 2026 | $899 |
| March 2026 | $899 |
| April 2026 | $886 |
| May 2026 | $844 |
| June 2026 | $849 |
| July 2026 | $886 |
| August 2026 | $825 |
Affordability calculator
Can I afford to live at 541 S 4th St?
Bedrooms
2 bedroomsRent-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
$37,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,000 annually to afford this 2-bedrooms monthly rent price of $925.
For more information on rent affordability, visit our rent calculator.
Schools near 541 South 4th Street
Thomas Miller Elementary School
700 s 4th st
lafayette, IN, 47905
K-4Public
C+
Bauer Family Resource - Copper Gate
3130 coppergate circle
lafayette, IN, 47909
PKPublic
Getting around Lafayette near 541 S 4th St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 541 S 4th St, Lafayette
Groceries
4/10
At least one grocery store within a 30-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
2/10
No high schools within a 30-minute walk
Nightlife
4/10
Some bars within walking distance
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