Last updated on September 5, 2026

Average rent in
Lafayette, IN

Key takeaways for renters

  • The bottom line

    Lafayette, IN rent slipped modestly year over year, with a current median of $1,179/month. Renters are paying $43 less per month on average than last year, reflecting a slight cooldown in the market.

  • Lafayette is 38.3% more affordable than the $1,910/month national median, providing a more accessible rental market with 196 total rentals available.

  • Price ranges

    Studios rent for $766/month, 1-bedrooms for $947/month, 2-bedrooms for $1,200/month, 3-bedrooms for $1,650/month, and 4+ bedrooms reach $2,300/month. This range reflects the variety of bedroom sizes available in Lafayette's rental market.

  • Neighborhood spotlight

    The 9th Street Hill neighborhood saw rents climb 72.8% year over year to $1,469/month, contrasting with the citywide modest decline. Hedgewood experienced a drop of 37.3% year over year to $1,000/month, showing divergent local trends.

Median rent

Median rent in Lafayette

$1,179/mo

decreased by2%

vs previous year

The average rent in Lafayette is $1,179 per month as of August 2026. This is 38% below the national average rent, or $731 less per month.

$1.26

average price per square foot

Total rentals

Available rentals in Lafayette

196

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Lafayette rentals at each price point

70%53%35%18%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Lafayette, IN

Average rent prices in Lafayette have remained the same over the last month and have decreased by 2% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Lafayette, IN

Rent prices in Lafayette vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lafayette is $1,093, whereas a house costs $1,675. 1-bedroom apartments in Lafayette run $945 on average, while 2-bedroom apartments are $1,199.

Listings

Studio

$765

2%

4%

1 bedroom

$947

1%

1%

2 bedroom

$1,200

1%

2%

3 bedroom

$1,650

1%

6%

4 bedroom

$2,300

15%

15%

Studio

Average rent

$765

Last 30 days

2%

Last year

4%

1 bedroom

Average rent

$947

Last 30 days

1%

Last year

1%

2 bedroom

Average rent

$1,200

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$1,650

Last 30 days

1%

Last year

6%

4 bedroom

Average rent

$2,300

Last 30 days

15%

Last year

15%

The table above reflects average rent prices in Lafayette, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Lafayette, IN compare to other cities?

Compare median rent prices in Lafayette and Attica by all bedroom counts and property types.

Lafayette

Median rent price$1,179
decreased by38%

lower than the national median

Median rent price$1,275
decreased by33%

lower than the national median

Takeaway

The median rent for all rentals in Lafayette, IN is 8% lower than the median rent in Attica, IN.

Cost of living in Lafayette, IN

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services1% lower
Groceries3% lower
Health1% higher
Housing15% lower
Transportation1% higher
Utilities5% lower

Discover rentals in Lafayette, IN

118 S 6th St #1 - Photo 1 of 1

5d+ ago

Ellsworth Romig apartment for rent in Lafayette

Apartment for rent

Available Aug 19

124 S 6th St #1 - Photo 1 of 1

5d+ ago

Ellsworth Romig apartment for rent in Lafayette

1 bed

1 bath

$595

Apartment for rent

Available Dec 9

Uptown West - Photo 1 of 1
3D tour

2d ago

8.3

Very good

Uptown West

705 N 5th St, Lafayette, IN 47901

Studio–2 beds

1 bath

$618–$9,999

Apartment for rent

Ashley Oaks - Photo 1 of 1
Highly rated

3d ago

9.9

Excellent

Our team has verified this company

Verified

Ashley Oaks

3770 Ashley Oaks Drive, Lafayette, IN 47905

1–2 beds

1 bath

$789–$886

Apartment for rent

Available Sep 15

Call

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Lafayette, IN

Quick answers to common questions about the Lafayette rental market.

How much is rent in Lafayette?

The average rent in Lafayette is $1,179 per month as of August 29, 2026.

Is rent up or down in Lafayette?

Average rent prices in Lafayette have remained the same over the last month and have decreased by 2% since last year.

How does Lafayette rent compare to the national average?

Rent in Lafayette is 38% below the national average, which means renters are paying approximately $731 less per month.

Which neighborhoods are most affordable in Lafayette?

The most affordable neighborhoods in Lafayette are Lincoln ($900/mo), St Mary's ($912/mo), and Historic Jefferson ($965/mo).

What salary do I need to afford rent in Lafayette?

To comfortably afford rent in Lafayette, you'd need to earn approximately $47,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Lafayette?

March offers the lowest rents in Lafayette, while December represents the least competitive rental period with reduced demand. August sees the highest rents with approximately 8% difference between peak and off-peak months.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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