Last updated on July 22, 2026

Average rent in
Lafayette, IN

Key takeaways for renters

  • The bottom line

    Lafayette, IN rent slipped 2.2% year over year, with a current median of $1,200/month. Renters today are paying $29 less per month on average than last year, continuing a modest cooldown trend in the market.

  • Lafayette sits 38.3% more affordable than the $1,945/month national median, with 212 total rentals offering a smaller but accessible market for renters.

  • Price ranges

    Studios in Lafayette run around $762/month, 1-bedrooms around $925/month, and 2-bedrooms around $1,250/month. Houses rent for a median of $1,692/month while apartments sit at $1,085/month, reflecting distinct price tiers across property types.

  • Neighborhood spotlight

    Highland Park rents rose 74.5% year over year to $1,395/month across 21 rentals. This contrasts with the citywide decline of 2.2%, showing a localized surge in this neighborhood.

Median rent

Median rent in Lafayette

$1,200/mo

decreased by2%

vs previous year

The average rent in Lafayette is $1,200 per month as of July 2026. This is 38% below the national average rent, or $745 less per month.

$1.29

average price per square foot

Total rentals

Available rentals in Lafayette

212

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Lafayette rentals at each price point

65%49%33%16%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 decreased by 1% 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 $1,085, whereas a house costs $1,692. 1-bedroom apartments in Lafayette run $925 on average, while 2-bedroom apartments are $1,231.

Listings

Studio

$762

6%

8%

1 bedroom

$925

No Change

2%

2 bedroom

$1,250

2%

5%

3 bedroom

$1,620

1%

6%

4 bedroom

$1,529

10%

13%

Studio

Average rent

$762

Last 30 days

6%

Last year

8%

1 bedroom

Average rent

$925

Last 30 days

No Change

Last year

2%

2 bedroom

Average rent

$1,250

Last 30 days

2%

Last year

5%

3 bedroom

Average rent

$1,620

Last 30 days

1%

Last year

6%

4 bedroom

Average rent

$1,529

Last 30 days

10%

Last year

13%

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$1,200
decreased by38%

lower than the national median

Median rent price$1,400
decreased by28%

lower than the national median

Takeaway

The median rent for all rentals in Lafayette, IN is 14% 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 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

5d+ ago

St. Mary's apartment for rent in Lafayette

2 beds

1 bath

$700

Apartment for rent

2007 Stillwell---WD - Photo 1 of 1

5d+ ago

8.6

Very good

2007 Stillwell---WD

2007 Stillwell St, Lafayette, IN 47904

1–3 beds

1 bath

$725–$1,295

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 $1,200 per month as of July 18, 2026.

Is rent up or down in Lafayette?

Average rent prices in Lafayette have decreased by 1% 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 $745 less per month.

Which neighborhoods are most affordable in Lafayette?

The most affordable neighborhoods in Lafayette are Perrin ($850/mo), Lincoln ($899/mo), and Centennial ($900/mo).

What salary do I need to afford rent in Lafayette?

To comfortably afford rent in Lafayette, you'd need to earn approximately $48,000/year, based on spending no more than 30% of your income on rent.

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

Based on Zumper's July 2026 data, one-bedroom apartments in Lafayette average around $980/month and two-bedrooms approximately $1,290/month.

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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