The Monroe
339 Monroe St,
Lafayette, LA 70501
$1,065 - $1,520
1-2 Beds
Downtown Lafayette
Lafayette, LA
Downtown Lafayette - Lafayette, LA Area Guide
Welcome to Lafayette’s charming downtown district
Urban
•
Public Transit
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Restaurants
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Small Business
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Affordable
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Downtown Lafayette is a trendy neighborhood in the city, home to an array of small businesses. Restaurants, bars, and specialty shops and services call this downtown district home. Residents enjoy the diverse selection of cuisine in town. Downtown is home to the Lafayette Science Museum, the Children’s Museum of Acadiana, and the Lafayette Amtrak Station. Residents have easy access to major roadways and public transportation, making commuting to and from the area simple. Although Downtown is a charming neighborhood with access to an array of amenities, apartment rentals in the area are very affordable.
Rent Trends
As of March 2026, the average apartment rent in Downtown Lafayette is $950 for a studio, $1,312 for one bedroom, and $1,463 for two bedrooms. Apartment rent in Downtown Lafayette has increased by 0.1% in the past year.
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Studio
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267 sq ft
Average Sq Ft
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$950/month
Average Rent
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1 BR
-
759 sq ft
Average Sq Ft
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$1,312/month
Average Rent
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2 BR
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910 sq ft
Average Sq Ft
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$1,463/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Lafayette - Lafayette, LA is for everyday living.
Very Walkable
88
/ 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Very Bikeable
70
/ 100
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- Children's Museum of Acadiana
- Lafayette Science Museum & Planetarium
- Acadiana Park Nature Station
- Zoo of Acadiana
Commuter Rail
Airports
- Lafayette Regional/Paul Fournet Field
Colleges
Top Apartments in Downtown Lafayette
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.