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    Average Rent in Lafayette, IN (2026)

    The average 1-bedroom rent in Lafayette, IN is $1,019/month as of 2026, based on HUD data across 8 ZIP codes. Rents have changed +3.0% year over year. Rents range from $940 to $1,060.

    Average Rent · 1-Bedroom

    $1,019/mo

    Source: HUD Fair Market Rent · 8 zip codes

    Year-over-Year

    ↑ +3.0%

    Source: Apartment List, Zillow ZORI, HUD Fair Market Rent

    Data through

    The average 1-bedroom rent in Lafayette, IN is $1,019/month according to HUD FY2026 Fair Market Rent data, covering 8 ZIP codes. Rents have increased 3.0% year-over-year. The average 1-bedroom rent in Lafayette is 15% below the national average of $1,196/month.

    Average rent in Lafayette, IN ranges from $940 to $1,060 across 8 ZIP codes.

    Based on local market data, a fair rent increase in Lafayette, IN is approximately 3.0% for 2026. An increase above 3.0% exceeds the local market trend and may be worth negotiating.

    Key Facts

    Average 1-BR rent: $1,019/mo
    Year-over-year change: +3.0%
    Coverage: 8 ZIP codes
    Data source: HUD Small Area FMR FY2026
    vs. national avg: 15% below ($1,196/mo)

    Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent, HUD SAFMR, Rentcast. Updated February 2026.

    How much is rent in Lafayette, IN?

    The average 1-bedroom rent in Lafayette, IN is $1,019/month as of 2026, based on HUD data across 8 ZIP codes. Rents range from $940 to $1,060 depending on neighborhood — a $120/month spread. To afford this at the 30% rule, a household would need approximately $40,760/year.

    Is rent going up in Lafayette?

    Rents in Lafayette have increased 3.0% year over year based on local market data. This suggests a relatively stable rental market.

    What is a fair rent increase in Lafayette?

    Based on local market data, a rent increase around 3.0% is in line with the Lafayette market for 2026. An increase above that level exceeds the local trend and may be worth pushing back on. Check your specific increase with RenewalReply's free rent analysis tool.

    Rent Trends in Lafayette

    +3.0%

    Rents in Lafayette are rising at +3.0% year-over-year.

    − Estimated trend

    Market sources range from +0.8% to +5.9%

    Why the range? Zillow ZORI tracks what landlords are asking for units (+5.2%), while Apartment List tracks what renters actually sign leases at (+0.8%).Landlords are asking more than renters are paying — this suggests renters may have negotiating leverage in Lafayette right now.

    Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent

    What Should Rent Cost in Lafayette?

    Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.

    Studio$880 – $950

    A studio in Lafayette typically rents for $880 – $950.

    Rents above $1,093 are in the top 25% for this area.

    1-Bedroom$1,019 – $1,101

    A 1-bedroom in Lafayette typically rents for $1,019 – $1,101.

    Rents above $1,266 are in the top 25% for this area.

    2-Bedroom$1,224 – $1,322

    A 2-bedroom in Lafayette typically rents for $1,224 – $1,322.

    Rents above $1,520 are in the top 25% for this area.

    3-Bedroom$1,468 – $1,585

    A 3-bedroom in Lafayette typically rents for $1,468 – $1,585.

    Rents above $1,823 are in the top 25% for this area.

    4-Bedroom$1,960 – $2,117

    A 4-bedroom in Lafayette typically rents for $1,960 – $2,117.

    Rents above $2,435 are in the top 25% for this area.

    Federal Rent Benchmarks for Lafayette

    HUD Fair Market Rents are federal rent benchmarks published annually by HUD. They provide a consistent baseline for comparing rents across areas.

    Studio

    $880

    HUD Fair Market Rent

    1-Bedroom

    $1,019

    HUD Fair Market Rent

    2-Bedroom

    $1,224

    HUD Fair Market Rent

    3-Bedroom

    $1,468

    HUD Fair Market Rent

    4-Bedroom

    $1,960

    HUD Fair Market Rent

    Source: HUD SAFMR FY2026 · Updated

    Zip Codes in Lafayette

    Click any zip code for detailed rent data including zip-specific SAFMR rates, nearby comparables, and a free rent increase check.

    Zip Code1-BR SAFMR
    47905$1,060
    47907$1,040
    47904$950
    47901$940
    47902$1,040
    47903$1,040
    47962$1,040
    47996$1,040

    SAFMR rates are zip-specific.

    How Does Lafayette Compare?

    Questions about rent in Lafayette

    What is the average 1-bedroom rent in Lafayette, IN?

    The average 1-bedroom fair market rent in Lafayette, IN is $1,019/month as of 2026, based on HUD rent data across 8 ZIP codes in the city. This is 15% below the national average of $1,196/month. Rents range from $940 to $1,060 depending on ZIP code.

    What is a fair rent increase in Lafayette?

    A rent increase up to about 3.0% is broadly in line with the recent market trend in Lafayette. Increases above that level are above trend and should be tested against neighborhood-level pricing and comparable rentals. The current average 1-BR rent is $1,019/month.

    Are rents going up or down in Lafayette?

    Rents in Lafayette have increased 3.0% year over year based on local market data. This reflects local market conditions across 8 ZIP codes in the Lafayette-West Lafayette, IN HUD Metro FMR Area area.

    How much do rents vary across Lafayette?

    1-bedroom rents across Lafayette range from $940 to $1,060 on this page, a $120/month spread. This shows that rent can vary materially across ZIP codes within the same city, reflecting neighborhood-level differences in housing stock and demand.

    Can my landlord raise my rent in Lafayette?

    We could not identify a city-specific rent cap for Lafayette. Landlords must still follow applicable state and local notice rules before raising rent at lease renewal. Requirements vary — check your state's landlord-tenant statute for specifics on notice periods and timing.

    How much should I spend on rent in Lafayette?

    The general guideline is to spend no more than 30% of your gross income on rent. With average 1-bedroom rent in Lafayette at $1,019/month, a household would need approximately $40,760/year in gross income to afford this comfortably. Many renters in high-cost areas spend above this threshold — our free tool can help you assess whether your specific rent is fair for your ZIP code.

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    Renter Tools

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    Browse Lafayette ZIP Codes

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    Renter Guides

    Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →