Lafayette, Indiana is a charming and vibrant city located in the heart of the Midwest. It is home to Purdue University, one of the top universities in the country. With nearly 70,000 residents, Lafayette offers a variety of rental opportunities for those looking for a place to call home.
The city is located in Tippecanoe County, with easy access to Indianapolis, Chicago, and St. Louis. With a moderate climate, Lafayette is a great place to live and raise a family. The city's downtown area is home to a thriving arts and culture scene, with a variety of restaurants, bars, and shops.
The best schools in Lafayette include Harrison High School, Jefferson High School, and Tecumseh Junior High School. With excellent test scores, these schools are a great choice for families looking for the best education for their children.
Lafayette offers a variety of neighborhoods, from quiet residential areas to bustling downtown areas. Some of the most popular neighborhoods include the Historic Nine, University Heights, and the West Lafayette area. Each area offers its own unique style and amenities, making them great choices for renters.
The average rental prices in Lafayette vary depending on the neighborhood and type of property. Single family homes
The average rental prices for an apartment, townhouse, condo, loft, and single family home in Lafayette, IN are as follows:
Apartment: $764
Townhouse: $878
Condo: $743
Loft: $821
Single Family Home: $913
According to data from Rent Jungle, rental prices in Lafayette, IN have increased by 25.5% over the last 5 years. The average rent for a one-bedroom apartment in Lafayette was $621 in 2016 and is now $780 in 2021. The average rent for a two-bedroom apartment was $719 in 2016 and is now $899 in 2021.
1-Bedroom: $800
2-Bedroom: $950
3-Bedroom: $1,150
Lafayette, Indiana has a higher graduation rate than the national average, with 93.6% of students graduating from high school in four years compared to an average of 84.6% nationwide. The district also has a student to teacher ratio of 16:1, which is lower than the national average of 16:1. Lafayette schools also have an average of 10.2 years of teacher experience, which is higher than the national average of 8.5 years. In addition, the district has a lower-than-average student-to-counselor ratio of 368:1, compared to the national average of 482:1.
1. Downtown Lafayette
2. West Lafayette
3. The Village
4. Southside
5. Romney Meadows
1. West Lafayette/Purdue University Area
2. Covington Knolls
3. Happy Hollow/Crestview
4. Timberstone
5. Chatham Hills