Weida on Waldron
221 Waldron St,
West Lafayette, IN 47906
1 Bed | $2,000
Rental Market Trends in West Lafayette, IN
Updated September 2026
The average rent in West Lafayette, IN is $1,460/month.
Rent in West Lafayette is roughly equal to the national average rent of of $1,664/month.
$1,460/month
Average Rent
677 Sq Ft
Average Size
-1.1%
Change / Year
2,027
Available Apartments
West Lafayette rent varies by unit size and layout:
- Studio apartments in West Lafayette average $1,434 per month.
- One-bedroom apartments in West Lafayette average $1,460 per month.
- Two-bedroom apartments in West Lafayette average $1,544 per month.
- Three-bedroom apartments in West Lafayette average $2,131 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in West Lafayette, IN?
In the past year, rent has decreased by 1.1%, which averages out to $15 less per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in West Lafayette, IN
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
29%
$700 - $1,000/month
37%
$1,001 - $1,500/month
19%
$1,501 - $2,000/month
12%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in West Lafayette?
Based on current rent prices, Downtown West Lafayette and Discovery Park" are the most affordable neighborhoods in West Lafayette.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in West Lafayette?
Based on current rent prices, Discovery Park and Downtown West Lafayette" are the most expensive neighborhoods in West Lafayette.
Neighborhood
Average Rent
Average Sq Ft
Which West Lafayette neighborhoods have the most rentals available?
The neighborhoods in West Lafayette with the most apartments available are Discovery Park and Downtown West Lafayette" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in West Lafayette, IN?
Because the average rent in West Lafayette is $1,460, you’ll want to make about $4,866 per month or $58,392 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does West Lafayette, IN compare to other nearby cities and neighborhoods?
Use the tool below to compare West Lafayette, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the West Lafayette Area GuideStudio
$1,575/month
$1,959/month
One Bedroom
$1,602/month
$2,000/month
Two Bedroom
$1,923/month
$2,051/month
Three Bedroom
$3,154/month
$4,200/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in West Lafayette?
The average rent in West Lafayette is $1,460 per month, which is 12.3% lower than the national average of $1,664.
What is the average rent for a house in West Lafayette?
The average rent for a house in West Lafayette, IN is $1,880 per month.
Are rents going up or down in West Lafayette?
Rents in West Lafayette, IN are decreasing, with prices down 1.1% year-over-year and $15 less per month.
What rent range is most common in West Lafayette?
In West Lafayette, IN, 37% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.