Apartments for Rent in Lincoln, Lafayette, IN

Lincoln, Lafayette apartment availability

Lincoln's rental market offers a good selection of listings, with an average of 20 rentals available each month. The majority of rentals in Lincoln are 1-bedroom apartments, followed by 2-bedroom apartments. Many of these apartments offer desirable amenities, including in-unit laundry, dishwashers, and balconies. Specifically, about 38% of apartments have in-unit laundry, 48% have dishwashers, and 29% have balconies. With a range of options and convenient amenities, Lincoln is a great neighborhood to consider for renters looking for a comfortable and convenient place to call home.

Lincoln, Lafayette rental market trends

The Lincoln, Lafayette rental market experienced a significant surge in 2024, with average monthly rents increasing by 10.8% year-over-year to $936. Breaking down the data by bed count, 1-bedrooms averaged $844 per month, a 9.6% annual increase, while 2-bedrooms reached $1,201, a 17.1% increase. The largest jump was seen in 3-bedrooms, which rose by 40.6% to $1,819. Studios, on the other hand, saw a more modest 4.4% increase to $710.

The rental market in Lincoln tends to peak in the fall, with October typically seeing the highest rents. In fact, rents in October were 25.6% higher than in November, the month with the lowest average rent. If you're looking for a new apartment, November may be a good time to find a deal. However, if you're looking for a specific type of apartment, be prepared for competition during the peak season.

Why Lincoln, Lafayette is a great place to live

Lincoln is a top choice for renters prioritizing social living and environmental sustainability. The neighborhood's strong social scene is supported by its well-developed street infrastructure, variety of restaurants, and convenient transit options, making it easy to get around and meet up with friends. Additionally, Lincoln's commitment to sustainability is evident in its use of non-toxic paint, waste recycling programs, and community solar projects. The neighborhood's walk score and abundance of parks and recreation areas also contribute to its eco-friendly atmosphere. For renters seeking a balanced lifestyle that prioritizes both social connections and environmental responsibility, Lincoln is an excellent option.