5+ Days Ago
Location
501 S 15th St, Lafayette, IN 47905, USA|Valley Center
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Property Overview
501-507 S 15th Street achieves an impressive Zumper Expert Rating of 9.1 out of 10, combining outstanding amenities and location ratings of 9 and an optimal price rating of 10. This property is notable for its vibrant social life, situated near 22 entertainment venues and 68 restaurants, all while offering essential conveniences like top-rated schools within close proximity. With a quality rating of 9 and a trustworthiness rating of 7, it presents a comprehensive appeal for potential renters.
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
Middle school nearby- High school nearby
Great for
Social life
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | $1,100 /mo | 1 unit available |
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Amenities for 501-507 S 15th Street
Appliances
| Fridge | In-Unit Laundry |
| Range | Refrigerator |
| Stove | Washer and Dryer |
Other
| Tenant Responsible for all Utilities |
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 | 3 |
|---|
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About 501-507 S 15th Street
501-507 S 15th Street cost $1,100 per month. Located at 501 S 15th St, Lafayette, IN 47905, USA, 501-507 S 15th Street has 2 bedroom units available. Based on the average rent price of 2 bedrooms in Lafayette, renting an apartment at 501-507 S 15th Street is 12% cheaper per month.Other apartment buildings in or around Lafayette include but are not limited to: 3004 Pemberly Dr, 923 923 - 925 North 8th Street
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.
9.1
/10
Excellent501-507 S 15th Street is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
Price·10A 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.
501-507 S 15th Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
501-507 S 15th Street goes above and beyond to provide sought-after conveniences and desirable perks, including fridge. Renters looking for popular or luxurious features will find them here—and for that reason, 501-507 S 15th 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.
501-507 S 15th 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·9A 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.
501-507 S 15th Street has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
501-507 S 15th Street 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.
501-507 S 15th 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 501-507 S 15th Street compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- High school nearby
- There is a high school 1 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Valley Center
Median rents as of Jan 17 2026.
Valley Center
Lafayette
| Month | Median Rent |
|---|---|
| February 2024 | $947 |
| March 2024 | $962 |
| April 2024 | $950 |
| May 2024 | $995 |
| June 2024 | $991 |
| July 2024 | $987 |
| August 2024 | $974 |
| September 2024 | $1,048 |
| October 2024 | $1,028 |
| November 2024 | $1,004 |
| December 2024 | $995 |
| January 2025 | $1,008 |
| February 2025 | $995 |
| March 2025 | $984 |
| April 2025 | $950 |
| May 2025 | $945 |
| June 2025 | $961 |
| July 2025 | $992 |
| August 2025 | $966 |
| September 2025 | $947 |
| October 2025 | $947 |
| November 2025 | $935 |
| December 2025 | $980 |
| January 2026 | $955 |
| Month | Median Rent |
|---|---|
| July 2024 | $995 |
| May 2025 | $998 |
| June 2025 | $995 |
Affordability calculator
Can I afford to live at 501 S 15th 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
$44,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 2-bedrooms monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.
Schools near 501-507 S 15th Street
Thomas Miller Elementary School
700 s 4th st
lafayette, IN, 47905
K-4Public
C+
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Internet available near 501-507 S 15th Street
Neighborhood
Valley Center | Lafayette, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Lafayette near 501 S 15th St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 501 S 15th St, Lafayette
Groceries
2/10
No grocery stores within walking distance
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
3/10
No high schools within a 30-minute walk
Nightlife
4/10
Few or no bars within walking distance
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