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Average Rent in Lafayette, IN & Rent Trends

What is the average rent in Lafayette, IN?

The average listed apartment rent in Lafayette, IN is $1,623 per month, as of October 17, 2026. This sample includes 36 priced apartments in 5 buildings. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from October 15, 2026 through October 17, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

Rent prices and market trends across 5 apartment communities in Lafayette, IN. Prices update after successful source checks.

Area All Areas
Lafayette 47905 47909
West Lafayette 47906
Beds All Bedrooms Studio 1 Bed 2 Bed 4 Bed

Showing any bedrooms in Lafayette, IN.

Market Average

$1,623/mo

Lowest Available

$849/mo

cheapest unit on market

Communities

5

tracked daily

Units Listed

36

available now

Rent Watch: cuts and increases

Open Rent Watch →

0 cuts and 0 increases among 12 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in Lafayette, IN

Compare average rent across Lafayette, IN neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent 30d Change From Properties Units
Lafayette 47909 $1,974 ▲  $49 $1,974 1 1
West Lafayette 47906 $1,627 ▲  $33 $849 3 34
Lafayette 47905 $1,120 $0 $1,120 1 1

Is Rent Going Up or Down in Lafayette, IN?

As of October 2026, the average rent in Lafayette, IN is $1,623 per month across 5 apartment communities and 36 available units.

The most affordable option is Wabash Lofts starting at $849/mo. By unit type, a studio averages $1,447/mo, a 1-bedroom averages $1,606/mo, a 2-bedroom averages $1,813/mo, a 4-bedroom averages $1,478/mo.

Prices range from $849 to $2,119 per month. The most common price point is the $1,400 range, where 9 units are currently listed.

Lafayette, IN Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $1,566 - 6
August 2026 $1,540 -$26 6
September 2026 $1,450 -$90 5

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Lafayette, IN

Studio
$1,447
from $1,199 · 12 units
1 Bed
$1,606
from $1,249 · 7 units
2 Bed
$1,813
from $849 · 14 units
4 Bed
$1,478
from $1,459 · 3 units

Rent Prices by Apartment in Lafayette, IN

Property Starting at Average Units Rating
Wabash Lofts $849/mo $1,224/mo 10 4.7
37 Flats $1,120/mo $1,120/mo 1 4.8
EVER West Lafayette $1,459/mo $1,478/mo 3 4.4
The Century at Purdue Research Park $1,499/mo $1,841/mo 21 4.7
Redwood Lafayette $1,974/mo $1,974/mo 1 4.8

Frequently Asked Questions About Rent in Lafayette, IN

How many bedrooms are you looking for?

How many bedrooms are you looking for?

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Any bedrooms

What is the average rent in Lafayette, IN?
The average listed apartment rent in Lafayette, IN is $1,623 per month, as of October 17, 2026. This sample includes 36 priced apartments in 5 buildings. These are tracked asking prices, not signed leases.

What rent range can I find in Lafayette, IN?
The apartment listings we track in Lafayette, IN range from $849 to $2,119 per month, as of October 17, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Lafayette, IN?
The daily building-average rent fell by $76 (5.0%) over 31 days between observations in August 2026 and September 2026. This compares recorded asking rents. The current month's figures may still be incomplete, and the building mix can change.

How much is a studio apartment in Lafayette, IN?
Studio apartments average $1,447 per month across 12 priced listings in Lafayette, IN. Listed rents range from $1,199 to $1,625 per month, as of October 17, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 1-bedroom apartment in Lafayette, IN?
1-bedroom apartments average $1,606 per month across 7 priced listings in Lafayette, IN. Listed rents range from $1,249 to $1,988 per month, as of October 17, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 2-bedroom apartment in Lafayette, IN?
2-bedroom apartments average $1,813 per month across 14 priced listings in Lafayette, IN. Listed rents range from $849 to $2,119 per month, as of October 17, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 4-bedroom apartment in Lafayette, IN?
4-bedroom apartments average $1,478 per month across 3 priced listings in Lafayette, IN. Listed rents range from $1,459 to $1,499 per month, as of October 17, 2026. Compare apartments with similar floor plans and lease terms.

How do 1-bedroom and 2-bedroom rents compare in Lafayette, IN?
The 1-bedroom average is $1,606 per month across 7 listings. The 2-bedroom average is $1,813 across 14 listings, $207 (12.9%) higher. This is a comparison of listing groups, not the cost to upgrade a specific apartment.

Which tracked building has the lowest starting rent in Lafayette, IN?
Wabash Lofts has the lowest starting rent among the buildings in the comparison table, at $849 per month. We track 10 priced listings matching your bedroom choice in that building, as of October 17, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Lafayette, IN?
The $1,400 to $1,600 monthly range has the most matching listings: 9 units, or 25.0% of the priced apartments we track in Lafayette, IN. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Lafayette, IN?
We track 36 priced units at 5 apartment buildings, as of October 17, 2026. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for Lafayette, IN?
We have recorded rent data on 14 days from July 2026 through September 2026 for apartment listings in Lafayette, IN. Some dates can be missing. The chart only shows recorded data. The current month includes the days recorded so far.

Why can the headline rent differ from the trend chart in Lafayette, IN?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Lafayette, IN rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was October 17, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

What salary do I need to live comfortably in Lafayette, IN?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$65,000/year

Based on the 30 percent rule, using our tracked average rent of $1,623/mo.

Comfortable income

$78,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($849/mo), you need to earn at least $34,000/year.

Median household income in Lafayette, IN is $52,946 , about 32% below the comfortable-living threshold.

Explore Lafayette, IN Apartments

Browse all 5 communities with daily-updated pricing and availability.

Browse All Apartments Find Your Match

Cost of living in Lafayette, IN

Overall prices in Lafayette, IN runs below the national average by about 9% (BEA Regional Price Parity index 91.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lafayette, IN's regional price parities.

Category Monthly estimate
Rent (market average) $1,623
Utilities $305
Groceries $512
Transportation $728
Healthcare $355
Other goods and services $568
Estimated total $4,092/mo

Population

70,650

Median household income

$52,946

Census median rent

$1,039/mo

Census rent burden

30.4%

Median age

33.7

Mean commute

16 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.
Indiana Rent Trends
Compare rent across all Indiana cities
Explore Lafayette, IN on Map
See neighborhoods and rent data interactively
US-wide rent comparison
See how Lafayette, IN rents stack up against the national median

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