Last updated on October 21, 2026

Average rent in
Lafayette, IN

Key takeaways for renters

  • Where Lafayette rent stands today

    Lafayette, IN rent is essentially flat year over year, with a current median of $1,150/month. Month over month, rent has cooled 4.2%, a recent pullback after modest changes over the past year.

  • Lafayette sits 39.5% more affordable than the $1,900/month national median, making it an accessible market for renters seeking value in the Midwest. The city offers 232 total rentals, mostly apartments.

  • Price ranges

    Studio rents in Lafayette run around $795/month, 1-bedrooms around $900/month, and 2-bedrooms around $1,200/month, with 3-bedrooms at $1,598/month and 4+ bedrooms at $2,000/month. Apartments make up 81.3% of rentals, with houses renting higher at $1,672/month.

Median rent

Median rent in Lafayette

$1,150/mo

increased by2%

vs previous year

The average rent in Lafayette is $1,150 per month as of October 2026. This is 39% below the national average rent, or $750 less per month.

$1.21

average price per square foot

Total rentals

Available rentals in Lafayette

232

for rent on Zumper.com as of October 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 4% 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 $1,072, whereas a house costs $1,672. 1-bedroom apartments in Lafayette run $900 on average, while 2-bedroom apartments are $1,195.

Listings

Studio

$795

7%

7%

1 bedroom

$900

19%

11%

2 bedroom

$1,200

7%

5%

3 bedroom

$1,597

No Change

2%

4 bedroom

$2,000

8%

16%

Studio

Average rent

$795

Last 30 days

7%

Last year

7%

1 bedroom

Average rent

$900

Last 30 days

19%

Last year

11%

2 bedroom

Average rent

$1,200

Last 30 days

7%

Last year

5%

3 bedroom

Average rent

$1,597

Last 30 days

No Change

Last year

2%

4 bedroom

Average rent

$2,000

Last 30 days

8%

Last year

16%

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$1,150
decreased by39%

lower than the national median

Median rent price$1,470
decreased by23%

lower than the national median

Takeaway

The median rent for all rentals in Lafayette, IN is 22% 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% higher
Groceries3% lower
Health14% lower
Housing5% lower
Transportation15% higher
Utilities9% lower

Discover rentals in Lafayette, IN

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

5d+ ago

Ellsworth Romig apartment for rent in Lafayette

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

5d+ ago

Ellsworth Romig apartment for rent in Lafayette

1 bed

1 bath

$595

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Downtown Centre - Photo 1 of 1

5d+ ago

8.2

Very good

Downtown Centre

414 N 11th St, Lafayette, IN 47904

1–2 beds

1 bath

$599–$825

722 N 11th St #B2 - Photo 1 of 1

5d+ ago

Historic Jefferson apartment for rent in Lafayette

1 bed

1 bath

$600

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

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 $1,150 per month as of October 17, 2026.

Is rent up or down in Lafayette?

Average rent prices in Lafayette have decreased by 4% 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 39% below the national average, which means renters are paying approximately $750 less per month.

Which neighborhoods are most affordable in Lafayette?

The most affordable neighborhoods in Lafayette are Lincoln ($850/mo), Monon ($949/mo), and Centennial ($990/mo).

What salary do I need to afford rent in Lafayette?

To comfortably afford rent in Lafayette, you'd need to earn approximately $46,000/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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