6

Studio Apartments for Rent in Lafayette, LA

Section Image
  • /50

    Starting at $922 Per Month

    • Studio - 3 Beds

    111 Settlers Trace Blvd, Lafayette, LA 70508

    With several studio, one, two, and three-bedroom floor plans to choose from, you're sure to find a home that perfectly complements your lifestyle at MainStreet and MainStreet Annex Apartments. Recent Winners of Property Management Company of the Year and Property Manager of the Year by the Acadiana Apartment Association! Experience the convenience and charm of living in an apartment community

    Mainstreet Annex at River Ranch

    111 Settlers Trace Blvd, Lafayette, LA 70508
  • /24

    Starting at $925 Per Month

    • Studio - 2 Beds

    315 Guilbeau Rd, Lafayette, LA 70506

    Welcome to The Gallery Apartments, where comfort and convenience come together to create a place that truly feels like home. Ideally located near shopping, dining, entertainment, and public transportation, our community offers easy access to everything you need while maintaining a quiet, residential atmosphere. With thoughtfully designed one-, and two-bedroom apartment homes, The Gallery

    Gallery Apartments

    315 Guilbeau Rd, Lafayette, LA 70506
  • /35

    Starting at $668 Per Month

    • Studio - 2 Beds

    200 Merchants Blvd, Lafayette, LA 70508

    Perfectly located in Lafayette, Santa Rosa Apartments puts you at the intersection of convenience and attainability.Shop the best boutiques in town, grab happy hour with co-workers or take in a show at one of several local theaters. And with easy access to major freeways and interstates, Santa Rosa makes it easy to balance work and play so you can keep life simple and socially exhilarating all at

    Santa Rosa

    200 Merchants Blvd, Lafayette, LA 70508
  • /22

    $825 Per Month

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

    1241 S College Rd Unit 1, Lafayette, LA 70503

    Property Id: 2862056 All utilities and fiber internet included ..Nice Studio Apartment, great location, close to the park, ULL, Hospital and more. Has a new washer and dryer, upgraded apartment features, most items are new, nice peaceful yard with fire pit and quiet neighbors. Security perimeter lighting, a very safe property. Excellent property management that is very attentive to tenant

    1241 S College Rd Unit 1, Lafayette, LA 70503
  • /4

    $1,000

    Total Monthly Price

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

    414 Cedar Crest Ct Unit Studio Apartment, Lafayette, LA 70501

    Fully furnished with wifi internet, lights and water included.

    414 Cedar Crest Ct Unit Studio Apartment, Lafayette, LA 70501

Why Live in Lafayette

Lafayette's rich Cajun and Creole heritage comes alive through its vibrant cultural attractions and culinary scene. Residents can explore living history at Vermilionville, a folklife park showcasing authentic 18th and 19th-century Acadian culture along the Bayou Vermilion. The downtown area buzzes with activity at venues like the Acadiana Center for the Arts and Sans Souci Fine Crafts Gallery. Food lovers flock to renowned restaurants like Prejean's for award-winning gumbo and live Zydeco music, or The French Press for creative Southern brunch. Outdoor recreation spans from alligator spotting at Lake Martin to Saturday farmers markets at the 100-acre Moncus Park.

The housing market provides options across price points. The median sale price for homes in Lafayette is $242,000. Single-family homes in River Ranch command a median price of $711,000, while similar homes in the Saints Streets neighborhood have a median price of $243,000. Townhomes throughout the city have a median price of $174,000. One-bedroom condos have a median price of $87,000, while two-bedroom condos have a median price of $127,500.

Lafayette's cost of living sits 12.7% below the national average. A family with school-age children needs approximately $92,000 annually to live comfortably, while renters require about $49,000. The combined sales tax rate is 10.12%. Top-rated schools include Early College Academy and Ascension Episcopal School. The University of Louisiana at Lafayette adds to the educational landscape. The humid subtropical climate features mild winters with temperatures from the mid-40s to mid-60s Fahrenheit and warm summers ranging from the mid-70s to mid-90s Fahrenheit.

Frequently Asked Questions

How much does it cost to rent a home in Lafayette, LA?
The median rent for a home in Lafayette, LA is $1,695 per month, though prices vary by neighborhood, size, and property type. As of September 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, LA?
To comfortably afford the median rent in Lafayette, LA, a household needs to earn roughly $67,800 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 $1,695 per month in Lafayette, LA, renters typically need to show $5,085 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, LA?
In Lafayette, LA, the price-to-rent ratio is 12.3, 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
5
Median Rent
$1,695
Median Single Family Home Rent
$1,700
Median Townhouse Rent
$1,250
Median Condo Rent
$995
How to Rent a Home