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Houses under $1,500 for Rent in Lafayette, IN

18 Rentals
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Lafayette at a Glance

Average Rent

$1,012
(All bedrooms and property types)
Learn more about
Average Rent in Lafayette
5

School Rating

out of 10 Rating
Learn more about
Schools in Lafayette
27

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Lafayette
44

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Lafayette

Lafayette, IN Houses for Rent

Located along the banks of the Wabash River in northwestern Indiana, Lafayette combines historic charm with modern conveniences. Those looking for apartments for rent in Lafayette will find a community founded in 1825 and named after Revolutionary War hero Marquis de Lafayette. The city serves as the county seat of Tippecanoe County and forms part of a dynamic area alongside neighboring West Lafayette, home to Purdue University.

Lafayette's rental market spans established neighborhoods like Highland Park, Centennial, and Downtown, where historic architecture meets contemporary living spaces. With average one-bedroom apartment rents around $1,013, Lafayette offers housing options near major employers and attractions. The city provides easy access to the Haan Mansion Museum of Indiana Art, recreational paths along the Wabash River, and convenient transportation via Interstate 65, connecting to Indianapolis (63 miles southeast) and Chicago (125 miles northwest).

Renting in Lafayette

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Lafayette

(For 1 bedroom apartments)

Getting Around Lafayette

Transportation

43

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
44

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
27

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Public University
GreatSchools Rating
Mccutcheon High School

Public High School

Public
Grades 9-12
1,825 Students
GreatSchools Rating
Jefferson High School

Public High School

Public
Grades 9-12
2,118 Students
GreatSchools Rating
Oakland High School

Public High School

Public
Grades 9-12
62 Students
GreatSchools Rating
East Tipp Middle School

Public Middle School

Public
Grades 6-8
509 Students
GreatSchools Rating
Wea Ridge Middle School

Public Middle School

Public
Grades 6-8
710 Students
GreatSchools Rating
Lafayette Tecumseh Jr High School

Public Middle School

Public
Grades 7-8
1,043 Students
GreatSchools Rating
Wainwright Middle School

Public Middle School

Public
Grades 6-8
311 Students
GreatSchools Rating
Southwestern Middle School

Public Middle School

Public
Grades 6-8
496 Students
GreatSchools Rating
Hershey Elementary School

Public Elementary School

Public
Grades K-5
562 Students
GreatSchools Rating
Wyandotte Elementary

Public Elementary School

Public
Grades K-5
483 Students
GreatSchools Rating
Edgelea Elementary School

Public Elementary School

Public
Grades K-4
457 Students
GreatSchools Rating
Vinton Elementary School

Public Elementary School

Public
Grades K-4
452 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Lafayette by Neighborhoods

Apartments for Rent Near Lafayette

Lafayette Apartments for Rent in Your Budget

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