Last updated on June 7, 2026

Average rent in
Lafayette, IN

Key takeaways for renters

  • The bottom line

    Lafayette, IN rent rose 2.4% year over year, with a current median of $1,177/month. Month over month rent also increased by 1.2%, continuing a modest upward trend despite rents remaining 10.1% below the peak from September 2024.

  • Lafayette is 39.6% more affordable than the $1,950/month national median. The city offers 247 total rentals, providing a smaller but accessible market for renters seeking value.

  • Price ranges

    Studios rent for about $836/month, 1-bedrooms around $950/month, and 2-bedrooms near $1,215/month. Larger units include 3-bedrooms at $1,654/month and 4+ bedrooms at $1,529/month, covering a broad spectrum of bedroom sizes.

  • Neighborhood spotlight

    Oakland Triangle saw rents climb 46.2% year over year to a median of $1,389/month. This rise contrasts with the citywide increase of 2.4% and shows strong local demand in this neighborhood within Lafayette, IN.

Median rent

Median rent in Lafayette

$1,177/mo

increased by2%

vs previous year

The average rent in Lafayette is $1,177 per month as of June 2026. This is 40% below the national average rent, or $773 less per month.

$1.28

average price per square foot

Total rentals

Available rentals in Lafayette

247

for rent on Zumper.com as of June 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 increased by 1% over the last month and have increased 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 $1,095, whereas a house costs $1,650. 1-bedroom apartments in Lafayette run $950 on average, while 2-bedroom apartments are $1,214.

Listings

Studio

$836

1%

8%

1 bedroom

$949

No Change

3%

2 bedroom

$1,215

No Change

2%

3 bedroom

$1,654

No Change

1%

4 bedroom

$1,529

1%

12%

Studio

Average rent

$836

Last 30 days

1%

Last year

8%

1 bedroom

Average rent

$949

Last 30 days

No Change

Last year

3%

2 bedroom

Average rent

$1,215

Last 30 days

No Change

Last year

2%

3 bedroom

Average rent

$1,654

Last 30 days

No Change

Last year

1%

4 bedroom

Average rent

$1,529

Last 30 days

1%

Last year

12%

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$1,177
decreased by40%

lower than the national median

Median rent price$1,690
decreased by13%

lower than the national median

Takeaway

The median rent for all rentals in Lafayette, IN is 30% 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
Groceries5% lower
Health8% higher
Housing14% lower
Transportation1% lower
Utilities10% 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 Apr 29

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

1115 Main St - Photo 1 of 1

3d ago

St. Mary's apartment for rent in Lafayette

3 beds

1 bath

$700

Apartment for rent

OM - 216 S 5th Street - Photo 1 of 1

5d+ ago

7.2

Very good

OM - 216 S 5th Street

216 S 5th St, Lafayette, IN 47901

2 beds

1 bath

$829

Apartment for rent

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 $1,177 per month as of June 6, 2026.

Is rent up or down in Lafayette?

Average rent prices in Lafayette have increased by 1% over the last month and have increased by 2% since last year.

How does Lafayette rent compare to the national average?

Rent in Lafayette is 40% below the national average, which means renters are paying approximately $773 less per month.

Which neighborhoods are most affordable in Lafayette?

The most affordable neighborhoods in Lafayette are Lincoln ($899/mo), St Lawrence Mcallister ($920/mo), and Monon ($922/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?

Lafayette's 2025 rental market shows one-bedroom apartments averaging around $980 per month, while two-bedroom units average around $1,300 monthly. One-bedroom apartments make up 38% of available inventory, with two-bedroom units following closely at 34% of the market.

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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