Lafayette

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Lafayette, IN

Area Guide

A lively Indiana college town with a bustling historic district

College Town Affordable Lively Riverside Public Transit

An hour commute to Indiana’s capital city of Indianapolis, Lafayette is a bustling city along the Wabash River near Purdue University, situated across the river. With the vibrancy of a college town, a lively historic urban district, and beautiful natural landscapes, Lafayette has something for everyone!

Explore Lafayette’s historic downtown district for a variety of great breweries, restaurants, boutiques, local businesses, museums, and more. Visit Lafayette Brewing Company, currently the second oldest operating brewery in the state of Indiana, in the heart of downtown just minutes from Purdue University. Check out a live performance at the historic Lafayette Theater, or grab a bite to eat at East End Grill located on Main Street.

This suburbia offers community parks, grocery stores, popular retailers, casual dining, family-friendly entertainment, and so much more. Enjoy the perks of living near Indiana’s capital city, as well as the city’s proximity to several interstate highways and the Indianapolis International Airport. Apartment rentals are affordable, yet luxurious, so find your ideal rental and enjoy your new riverside city!

Explore the City

Purdue University is just over the Wabash River from Lafayette, Indiana.

Homes in Ellsworth Romig boast beautiful and creative colors.

The picturesque Wabash River along Downtown Lafayette is the perfect place to watch the sunset.

Rent Trends

As of September 2025, the average apartment rent in Lafayette, IN is $948 for a studio, $1,021 for one bedroom, $1,227 for two bedrooms, and $1,538 for three bedrooms. Apartment rent in Lafayette has increased by 1.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,021/month
717 Sq Ft
House
$1,869/month
1,423 Sq Ft
Townhome
$1,265/month
985 Sq Ft
See Rental Market Trends in Lafayette, IN

Cost of Living

The cost of living in Lafayette, IN is 5.4% lower than the national average. Generally, housing in Lafayette is 14.0% less expensive than the national average, with rent falling between $954 - $1,536. You can expect to pay 4.3% less for groceries, 9.2% less for utilities, and 0.2% less for transportation.

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Transportation

43

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

27

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

44

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

Mayflower Mill Elementary School

Public

Grades K-5

600 Students

Glen Acres Elementary School

Public

Grades PK-4

542 Students

Edgelea Elementary School

Public

Grades K-4

457 Students

James Cole Elementary School

Public

Grades K-5

300 Students

Hershey Elementary School

Public

Grades K-5

562 Students

East Tipp Middle School

Public

Grades 6-8

509 Students

Wea Ridge Middle School

Public

Grades 6-8

710 Students

Wainwright Middle School

Public

Grades 6-8

311 Students

Lafayette Tecumseh Jr High School

Public

Grades 7-8

1,043 Students

Southwestern Middle School

Public

Grades 6-8

496 Students

Mccutcheon High School

Public

Grades 9-12

1,825 Students

Jefferson High School

Public

Grades 9-12

2,118 Students

Greater Lafayette Area Se

Public

Grades K-12

250 Students

Oakland High School

Public

Grades 9-12

62 Students

Points of Interest

Parks and Recreation

  • Columbian Park Zoo
  • Imagination Station
  • Purdue University Horticulture Gardens
  • Lilly Nature Center
  • Prophetstown State Park

Top Apartments in Lafayette

Houses for Rent in Lafayette

Property Management Companies in Lafayette, IN

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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 September 2025.