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Photos Floor Plans
Updated 33 minutes ago

Precedent Flats


4854 Precedent Way Lafayette, IN

1 - 3 Bed
•
1 - 2 Bath

849 - 1,393 Sq. Ft.

Available Now
1 Bed • 1 Bath
$1,465
849 ft2
4 Available
Managed By: Precedent Flats Apartments
3-207
$1,465
Available Mar 11th, 2026
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10-304
$1,465
Available Apr 5th, 2026
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3-104
$1,465
Available Apr 11th, 2026
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8-204
$1,465
Available Jul 7th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,485
965 ft2
3 Available
Managed By: Precedent Flats Apartments
11-305
$1,485
Available Jun 11th, 2026
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8-103
$1,485
Available Jul 7th, 2026
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2-305
$1,485
Available Jul 8th, 2026
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View Rented Units
2 Beds • 2 Bath
$1,375 - $1,730
1296 ft2
7 Available
Managed By: Precedent Flats Apartments
4-306
$1,730
Available: Ask
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11-206
$1,730
Available Now
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8-206
$1,730
Available Dec 10th, 2025
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4-206
$1,730
Available Apr 13th, 2026
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6-206
$1,375
Available May 6th, 2026
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11-306
$1,730
Available May 6th, 2026
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2-203
$1,730
Available Aug 9th, 2026
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View Rented Units
2 Beds • 2 Bath
$1,740
1222 ft2
2 Available
Managed By: Precedent Flats Apartments
6-301
$1,740
Available Now
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9-106
$1,740
Available Now
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View Rented Units
2 Beds • 1 Bath
$1,550
978 ft2
2 Available
Managed By: Precedent Flats Apartments
5-309
$1,550
Available Now
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11-202
$1,550
Available Jul 26th, 2026
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View Rented Units
3 Beds • 2 Bath
$1,875
1393 ft2
1 Available
Managed By: Precedent Flats Apartments
6-101
$1,875
Available Mar 30th, 2026
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View Rented Units
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
4
Car-Dependent
Transit Score®
25
Some Transit
Bike Score®
31
Somewhat Bikeable
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $0
Property details
Description

Established in 2023, Precedent Flats has swiftly become the epitome of luxurious apartment living in Lafayette, Indiana. Our brand-new property offers expansive one, two, and three-bedroom floor plans with exceptional amenities, ensuring an unmatched living experience. Conveniently located near IU Arnett Hospital and along bus routes, residents enjoy easy access to Purdue campus and destinations across Lafayette. Each apartment is thoughtfully designed with high-end finishes and contemporary features, seamlessly blending luxury and convenience.

Additional Details
Total Unit Count: 240
Last Updated: Updated 33 minutes ago
Contact Number: (765) 771-7085
Photos Floor Plans
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Precedent Flats by bedroom type below.
1 Bedroom
Suggested income:
$53,000
per year
2 Bedroom
Suggested income:
$60,000
per year
3 Bedroom
Suggested income:
$67,500
per year
Rent report

Precedent Flats Rent vs. Lafayette Average

 Precedent Flats      Lafayette Average
1BR
$1,474
$1,089
$0
$500
$1,000
$1,500
$2,000
2BR
$1,667
$1,384
$0
$550
$1,100
$1,650
$2,200
3BR
$1,875
$1,720
$0
$650
$1,300
$1,950
$2,600

Precedent Flats is asking 35% more than the average 1 bedroom apartment in Lafayette.

If you upsized to an average priced Lafayette 2 bedroom apartment, you would pay 21% more per month.

If you downsized to an average priced Lafayette studio apartment, you would pay 12% less per month.

Precedent Flats provides 31% more square footage than the average Lafayette 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Precedent Flats
1BR $1,474 $1.60 $4,421
2BR $1,667 $1.40 $5,000
3BR $1,875 $1.30 $5,625
Lafayette Average
Studio $971 $1.80 $2,912
1BR $1,089 $1.60 $3,268
2BR $1,384 $1.40 $4,153
3BR $1,720 $1.20 $5,161
4BR $2,154 $1.00 $6,463

Availability in Lafayette

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 305 1BR units on the market in Lafayette. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
8% 41% 38% 12% 1%
Available Units in Lafayette
Studio 60
1BR 305
2BR 281
3BR 89
4BR 5
Location
Nearby College
Nearby Hospitals
Name Distance
Indiana University Health Arnett Hospital 0.43 mi.
Sycamore Springs 0.76 mi.
Lafayette Regional Rehabilitation Hospital 0.87 mi.
Nearby Fire Stations
Name Distance
Shadeland Volunteer Fire Department 4.01 mi.
Wea Township Community Fire Department 4.01 mi.
Lafayette Fire Department 4.01 mi.
FAQs
Is this property currently leasing units?
Yes. There are 19 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 5 units available for move-in over the next 2 months. 4 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 849 to 1,393 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,550 to $1,740. Precedent Flats has 2 bedroom units available starting at $1,550.
Where is this property located?
This property is at 4854 Precedent Way in Lafayette, IN. It's 3.0 miles east from the center of Lafayette.
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