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Alight West Lafayette
(765) 276-7700
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Copper Beech Townhomes Klondike
(765) 497-9300
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112 E Wood St.
(765) 838-8840
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Waterfront Apartments
(765) 743-8461
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15 North Salisbury St.
(765) 479-4400
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539 N Grant St.
(765) 426-2588
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21 North Salisbury St.
(765) 479-4400
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124 West State St.
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Apartments Under $500 in West Lafayette, IN

1 of 8 Results
26
3D Tour
$329 - 559
PER
ROOM
Alight West Lafayette
Deal
1.6
2243 Sagamore Parkway W West Lafayette, IN
3 - 4 BR | Ask for Availability
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
12
$340 - 479
PER
ROOM
Copper Beech Townhomes Klondike
2.6
2900 Snowdrop Dr West Lafayette, IN
2 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
In Unit Laundry
Balcony, Deck, Patio
11
$415
PER
BED
112 E Wood St.
West Lafayette, IN
4 BR | Available Now
Contact
Student
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
Dishwasher
15
$283 - 362
PER
BED
Waterfront Apartments
Deal
320 Brown Street West Lafayette, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Section 8
Air Conditioning
1
$395
PER
ROOM
15 North Salisbury St.
West Lafayette, IN
2 BR | Available Now
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Student
Air Conditioning
Surface Parking
1
$465
PER
ROOM
539 N Grant St.
West Lafayette, IN
4 BR | Available Now
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Student
House
Air Conditioning
Surface Parking
In Unit Laundry
$465
PER
ROOM
21 North Salisbury St.
West Lafayette, IN
5 BR | Available Now
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Student
House
$395
PER
ROOM
124 West State St.
West Lafayette, IN
2 BR | Available Now
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Heat Included
Student
House
Air Conditioning
Surface Parking
1 - 8 of 8 Results
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  2. West Lafayette
  3. Apartments Under $500

How much does it cost to rent an apartment in West Lafayette?

West Lafayette Apartments
Bed Type Average Rent Range
Studio $830 $800 - $10,000
1BR $1,120 $580 - $1,600
2BR $1,330 $820 - $2,060
3BR $1,640 $980 - $2,350
4+BR $1,850 $1,050 - $10,000
Frequently Asked Questions

How many apartments are available in West Lafayette, IN on Rentable.co?

Rentable.co has over 4,623 apartments available in West Lafayette.

What is the average rent for a studio apartment in West Lafayette, IN?

The average rent for a studio apartment in West Lafayette is around $830 per month.

What is the average rent for a one-bedroom apartment in West Lafayette, IN?

The average rent for a one-bedroom apartment in West Lafayette is around $1,120 per month.

What is the average rent for a two-bedroom apartment in West Lafayette, IN?

The average rent for a two-bedroom apartment in West Lafayette is around $1,330 per month.

How expensive is living in West Lafayette, IN?

Based on average rent prices in West Lafayette, to afford a studio apartment you would need an annual salary of $33,000 to live comfortably.

How many apartments under $500 are available in West Lafayette, IN on Rentable.co?

Rentable.co has 8 apartments under $500 available for rent in West Lafayette.

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West Lafayette:
March Rent Report

Welcome to the March 2023 West Lafayette Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the West Lafayette rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in West Lafayette and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of West Lafayette average rent prices in the chart below.

Monthly Rent Report

West Lafayette Rent Prices Increase From February to March

West Lafayette rent prices increased over the last month. From February to March, the city experienced a 16.55% increase for the price of a one-bedroom apartment. The rent price for a West Lafayette one-bedroom apartments currently stands at $1,289.0.

When we take a look at the two-bedroom comparison from February to March, West Lafayette experienced a 10.82% increase for the price of a two-bedroom apartment. The rent price for a West Lafayette two-bedroom apartments currently stands at $1,720.0.

March Prices: West Lafayette vs. Surrounding Areas

Rent Prices in West Lafayette and Surrounding Areas

Rent prices have increased in West Lafayette over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the West Lafayette suburb increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Lafayette, IN .

  • Rent decreased in Crawfordsville, IN, Fowler, IN.

  • 3 suburbs are currently priced lower than the city of West Lafayette.

March 2023 Pricing Trends: West Lafayette vs. National Comparisons

West Lafayette Rent Prices More Affordable Than Major Cities

Rent growth in West Lafayette over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, West Lafayette average rent prices appear to be relatively affordable for local residents.

The price for a West Lafayette one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about West Lafayette and surrounding area rent prices, take a look at the complete data set below.

Data set for West Lafayette and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
West Lafayette, IN $1,106.0 12.17% $1,552.0 9.76%
Lafayette, IN $844.0 0.60% $1,022.0 1.49%
Crawfordsville, IN $753.0 -7.38% $914.0 -1.51%
Fowler, IN $621.0 -3.12% $721.0 -1.91%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.