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Studio Apartments for Rent in Lafayette, IN

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  • /12

    Starting at $1,499 Per Month

    • Studio - 3 Beds

    48 N 2nd St, Lafayette, IN 47901

    Discover John Purdue Block Apartments, a landmark mixed-use development in downtown Lafayette, IN, redefining luxury apartment living. This visionary apartment building spans an entire city block, blending the restoration of the historic John Purdue Building with a new six-story structure featuring 157 upscale apartment homes, modern retail and commercial space, and a parking garage.Each

    John Purdue Block

    48 N 2nd St, Lafayette, IN 47901
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    Starting at $1,597 Per Month

    • Studio - 2 Beds

    101 Main St, Lafayette, IN 47901

    Welcome to MARQ Apartments, where upscale design meets downtown energy in the heart of Lafayette, Indiana. Located just minutes from Purdue University and steps from Main Street's best restaurants, shops, and nightlife, MARQ offers a vibrant lifestyle surrounded by convenience and connection.Choose from a variety of modern studio, one-, and two-bedroom floor plans, each featuring

    Marq

    101 Main St, Lafayette, IN 47901
  • /25

    Starting at $695 Per Month

    • Studio - 4 Beds

    1214 Columbia St, Lafayette, IN 47901

    Downtown Living @ Its Finest! We offer a wide variety of Studios, 1, 2, 3 & 4 Bedroom homes, apartments, duplexes and much more in Beautiful Downtown Lafayette, Indiana! Please visit our website at cncleasinggroup for up to date available units.With over 20 plus years of combined experience, I am sure we can help & find you the perfect place to call home. We look

    Downtown Lafayette Living!

    1214 Columbia St, Lafayette, IN 47901
  • /25

    Starting at $925 Per Month

    • Studio - 3 Beds

    3977 State St, Lafayette, IN 47905

    Welcome to Anvil 38 Apartments - the premium experience for renters looking for unparalleled living and high-tech amenities. Take advantage of our innovative virtual game simulator that will turn your nights in into exciting adventures. Imagine the possibilities - stay active by playing a round of golf or football, shoot up some zombies with your friends in a game of zombie dodgeball, or try your

    Anvil 38 Apartments

    3977 State St, Lafayette, IN 47905
  • /40

    Starting at $1,375 Per Month

    • Studio - 3 Beds

    200 S 4th St, Lafayette, IN 47901

    NOVA is a luxury apartment complex located in downtown Lafayette. With quick access to Purdue University, shopping, fine dining, and entertainment venues, NOVA is the perfect place that keeps you close to your needs for both work and fun. Each apartment comes with stainless steel appliances, washer/dryer in unit, and luxury finishes.

    Nova Tower

    200 S 4th St, Lafayette, IN 47901
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    Starting at $625 Per Month

    • Studio - 1 Bed

    1901 Union St, Lafayette, IN 47904

    Welcome to Stonecrest Apartments! Our property features lush landscaping in a quiet, peaceful environment. You will enjoy the spacious apartments and wonderful neighbors. This community is professionally managed with excellent management and maintenance staff. Call our leasing office today for more information on your new home at Stonecrest Apartments.

    Stonecrest Apartments

    1901 Union St, Lafayette, IN 47904
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    $695 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    308 N 11th St Unit 308 1/2, Lafayette, IN 47904

    We care about our properties and take great pride in making sure they are well maintained, and safe. To ensure this we do have an application process - no exceptions are made to the criteria listed below:$50 nonrefundable feeCredit score needs to be 625 or above (if you are a student and have no score you would need a cosigner).No previous evictionsMake 2.5x the rental rate (or be

    308 N 11th St Unit 308 1/2, Lafayette, IN 47904
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    $695 Per Month

    • Studio
    • 1 Bath
    • 375 Sq Ft
    • Condo for Rent

    911 N 9th St Rd Unit 3, Lafayette, IN 47904

    911 N 9th St Rd Unit 3, Lafayette, IN 47904
  • /5

    $695 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    1437 Alabama St Unit 2, Lafayette, IN 47905

    We care about our properties and take great pride in making sure they are well maintained, and safe. To ensure this we do have an application process - no exceptions are made to the criteria listed below:$50 nonrefundable feeCredit score needs to be 625 or above (if you are a student and have no score you would need a cosigner).No previous evictionsMake 2.5x the rental rate (or be

    1437 Alabama St Unit 2, Lafayette, IN 47905
  • /6

    $695 Per Month

    • Studio
    • 1 Bath
    • 800-806 N 8th / 718 Union

    800-806 N 8th St Unit 800 N 8th #2, Lafayette, IN 47904

    800-806 N 8th / 718 Union

    800-806 N 8th St Unit 800 N 8th #2, Lafayette, IN 47904
  • /8

    $1,060 Per Month

    • Studio
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    520 N 7th St Unit 1, Lafayette, IN 47901

    Property Id: 2522596Available August 4th, 2026 - This studio apartment is a minutes walk from Downtown Lafayette & the river. The unit boasts high ceilings, many windows for natural light, beautiful old wood finishing, a full porch, and comes with a in-unit washer/dryer. It has a full electric appliances. Both street parking or a parking lot by Centennial Park are available.

    520 N 7th St Unit 1, Lafayette, IN 47901
  • /6

    $859 Per Month

    • Studio
    • 1 Bath
    • 600 Sq Ft
    • Condos At Highland Park

    803 Highland Ave Unit 2, Lafayette, IN 47905

    Welcome to this cozy studio apartment located in Lafayette, IN. This beautiful apartment offers all the essentials you need, featuring a single bathroom and a fully equipped kitchen with a stove and refrigerator that will make cooking your favorite meals an easy task. This apartment also offers street parking, saving you time and ensuring the safety of your vehicle. Whether you are searching for

    803 Highland Ave Unit 2, Lafayette, IN 47905
  • /4

    $580 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    1724 Charles St, Lafayette, IN 47904

    All in price with fees $627.95Rent:$580.00Resident Benefit Package:$33Residential liability Insurance $14.95Come check out this stand alone studio home. Has a range and refrigerator. Tenant pays all utilities. Pets welcome. We requires tenants to have $100000 in residential liability insurance. If you do not have insurance we can add you to our policy for $14.95/mo. We also

    1724 Charles St, Lafayette, IN 47904
  • /5

    $700 Per Month

    • Studio
    • 1 Bath
    • 500 Sq Ft
    • Ground Floor, Studio Apartment

    911 N 10th St Unit 911 - Apt 4, Lafayette, IN 47904

    Welcome to our ground floor studio apartment, located in Lafayette. This apartment offers a unique blend of comfort and convenience with its strategic location. It's a stone's throw away from downtown Lafayette, making it an ideal spot for those who love to be in the heart of the city. The apartment is also in close proximity to Purdue, making it a perfect choice for those seeking easy access to

    911 N 10th St Unit 911 - Apt 4, Lafayette, IN 47904
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    $600 Per Month

    • Studio
    • 1 Bath
    • ALL UTILITIES INCLUDED

    213 Perrin Ave Unit 2, Lafayette, IN 47901

    ALL UTILITIES INCLUDED presents a studio apartment in a historical building in Lafayette, IN minutes from Purdue. This ground-floor unit includes all utilities and is located on a bus route for convenient transit access. The apartment occupies a character-filled structure with easy and straightforward monthly billing since utilities are included. Ideal for those seeking a simple, well-located

    213 Perrin Ave Unit 2, Lafayette, IN 47901
  • /6

    $725 Per Month

    • Studio
    • 1 Bath
    • 415 Sq Ft
    • Condo for Rent

    1617 Ferry St Unit C, Lafayette, IN 47901

    1617 Ferry St Unit C, Lafayette, IN 47901
  • /9

    $750 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    2415 N 19th St Unit 2, Lafayette, IN 47904

    2415 N 19th St Unit 2, Lafayette, IN 47904

Why Live in Lafayette

Lafayette's cultural scene centers around Purdue University, where the Elliott Hall of Music hosts performances in one of the world's largest proscenium theaters. Nature enthusiasts will find diverse outdoor activities at Columbian Park Zoo, Prophetstown State Park, and along the 13-mile Wabash Heritage Trail. The dining landscape features upscale options like 8Eleven Modern Bistro in the Union Club Hotel and Bistro 501 in the historic downtown, alongside casual favorites such as Nine Irish Brothers and Triple XXX Family Restaurant.

The Lafayette housing market presents varied options across distinct neighborhoods. The median price for single family homes ranges from $183,300 in Historic Jefferson to $394,000 in Highland Park. Townhomes have a median price of $232,000, while one bedroom condos start at a median of $167,500. Two bedroom condos command a median price of $225,000.

Lafayette maintains a cost of living 5.4% below the national average. A family with school-age children needs approximately $100,000 annually to live comfortably, while renters require about $52,000. Property taxes stand at 0.62%, lower than Indianapolis at 0.93%. The state income tax rate is 3.00%, with an additional local rate of 1.28%.

The education system includes West Lafayette Junior/Senior High School, rated A+ by Niche, and William Henry Harrison High School, rated A. Private options include St. James Lutheran Elementary School and Central Catholic Jr. Sr. High School, both A-rated institutions. CityBus provides public transportation throughout Lafayette and West Lafayette, connecting residents to major employers like Purdue University, Subaru of Indiana Automotive, and Caterpillar Inc.

Frequently Asked Questions

How much does it cost to rent a home in Lafayette, IN?
The median rent for a home in Lafayette, IN is $1,200 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lafayette, IN?
To comfortably afford the median rent in Lafayette, IN, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Lafayette, IN, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lafayette, IN?
In Lafayette, IN, the price-to-rent ratio is 15.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
17
Median Rent
$1,200
Median Single Family Home Rent
$1,500
Median Townhouse Rent
$1,135
Median Condo Rent
$1,025
How to Rent a Home