Rentometer, Inc. | Data as of 10/24/2025
Lafayette’s vibrant metro area offers a diverse rental landscape that caters to students, young professionals, and families alike. From historic downtown apartments to spacious suburban homes, the market blends classic Cajun charm with modern conveniences. Renters can enjoy easy access to local attractions such as the Acadiana Center for the Arts, the bustling Lafayette Farmers Market, and the scenic banks of the Vermilion River, all within a short commute to major employment hubs and educational institutions.
Apartment options in Lafayette span from studios in the $800s to three‑bedroom units ranging in the $1,500‑$1,600 range, with median rents reflecting a competitive yet affordable environment. One‑ and two‑bedroom apartments typically sit in the $1,100‑$1,200 bracket, providing ample space for couples or small families. Larger four‑plus bedroom apartments are also available, often appealing to shared‑living arrangements or those seeking extra room for home offices.
For those preferring detached living, houses present a compelling alternative. One‑bedroom homes average in the $1,000 range, while two‑bedroom properties hover around $1,200. Three‑bedroom houses commonly rent in the $1,700 range, and larger four‑plus bedroom homes can command prices in the $2,300 range, reflecting the added space and privacy they provide. Across Lafayette, the rental market balances affordability with quality, making it an attractive destination for anyone looking to call this dynamic region home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $820 | $774 | $525 - $1,149 | $695 - $960 |
| Apartment | 1 Bedroom | $1,135 | $1,190 | $475 - $1,785 | $850 - $1,330 |
| Apartment | 2 Bedroom | $1,233 | $1,174 | $535 - $3,400 | $925 - $1,485 |
| Apartment | 3 Bedroom | $1,434 | $1,347 | $610 - $2,094 | $1,235 - $1,694 |
| House | 1 Bedroom | $1,001 | $765 | $550 - $1,575 | $700 - $1,400 |
| House | 2 Bedroom | $1,272 | $1,250 | $525 - $2,300 | $950 - $1,450 |
| House | 3 Bedroom | $2,251 | $1,740 | $750 - $98,000 | $1,400 - $2,000 |
| House | 4+ Bedroom | $2,237 | $2,000 | $900 - $7,000 | $1,850 - $2,400 |
In the current period, the average rent in Lafayette, LA was $851 for Studio, $1,122 for 1 Bedroom, $1,250 for 2 Bedroom, $2,155 for 3 Bedroom, and $2,081 for 4+ Bedroom.
Data provided by Rentometer, Inc.