Last updated on June 7, 2026

Average rent in
Wallace Triangle, Lafayette, IN

Median rent

Median rent in Wallace Triangle

$1,250/mo

increased by12%

vs previous year

The average rent in Wallace Triangle is $1,250 per month as of June 2026. This is 36% below the national average rent, or $700 less per month.

$1.29

average price per square foot

Total rentals

Available rentals in Wallace Triangle

19

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Wallace Triangle rentals at each price point

60%45%30%15%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Wallace Triangle, Lafayette, IN

Average rent prices in Wallace Triangle have increased by 66% over the last month and have increased by 12% 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 Wallace Triangle, Lafayette, IN

Rent prices in Wallace Triangle vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Wallace Triangle is $1,191, whereas a house costs $2,030. 1-bedroom apartments in Wallace Triangle run $815 on average, while 2-bedroom apartments are $1,450.

Listings

Studio

$799

19%

-

1 bedroom

$899

19%

18%

2 bedroom

$1,575

No Change

-

3 bedroom

$1,579

1%

23%

4 bedroom

$1,810

-

-

Studio

Average rent

$799

Last 30 days

19%

1 bedroom

Average rent

$899

Last 30 days

19%

Last year

18%

2 bedroom

Average rent

$1,575

3 bedroom

Average rent

$1,579

Last 30 days

1%

Last year

23%

4 bedroom

Average rent

$1,810

The table above reflects average rent prices in Wallace Triangle, 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 Wallace Triangle, Lafayette, IN compare to other neighborhoods?

Compare median rent prices in Wallace Triangle and Limestone Springs by all bedroom counts and property types.

Wallace Triangle

Median rent price$1,250
decreased by36%

lower than the national median

Median rent price$2,065
increased by6%

higher than the national median

Takeaway

The median rent for all rentals in Wallace Triangle, Lafayette, IN is 39% lower than the median rent in Limestone Springs, Fishers, IN.

Discover rentals in Wallace Triangle, Lafayette, IN

1113 State St - Photo 1 of 1

3d ago

Wallace Triangle apartment for rent in Lafayette

1 bed

1 bath

$650

Apartment for rent

612-616 South 10th Street - Photo 1 of 1

2d ago

8.6

Very good

612-616 South 10th Street

612 S 10th St, Lafayette, IN 47905

2 beds

1 bath

$1,035

Apartment for rent

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Frequently asked questions for Wallace Triangle, Lafayette, IN

Quick answers to common questions about the Wallace Triangle rental market.

How much is rent in Wallace Triangle?

The average rent in Wallace Triangle is $1,250 per month as of June 6, 2026.

Is rent up or down in Wallace Triangle?

Average rent prices in Wallace Triangle have increased by 66% over the last month and have increased by 12% since last year.

How does Wallace Triangle rent compare to the national average?

Rent in Wallace Triangle is 36% below the national average, which means renters are paying approximately $700 less per month.

What salary do I need to afford rent in Wallace Triangle?

To comfortably afford rent in Wallace Triangle, you'd need to earn approximately $50,000/year, based on spending no more than 30% of your income on rent.

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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