Studio Apartment Rent in Lafayette, IN
Median asking rent for a studio apartment in Lafayette, Indiana as of August 2026. That's +37% lower than the citywide median of $1,285 and +37% below the national studio median of $1,290.
Income needed for a studio in Lafayette
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Lafayette
Compare Lafayette's median rent across every apartment size.
Cheapest cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Crawfordsville | $598 |
| 2 | Marion | $650 |
| 3 | East Chicago | $670 |
| 4 | Michigan City | $700 |
| 5 | Richmond | $710 |
| 6 | Angola | $730 |
| 7 | New Castle | $730 |
| 8 | Muncie | $735 |
| 9 | Mishawaka | $740 |
| 10 | South Bend | $775 |
| 11 | Kokomo | $780 |
| 12 | Evansville | $792 |
| 13 | Anderson | $793 |
| 14 | Terre Haute | $803 |
| 15 | Lafayette (this page) | $810 |
Most expensive cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Zionsville | $1,390 |
| 2 | Whitestown | $1,330 |
| 3 | Carmel | $1,327 |
| 4 | McCordsville | $1,210 |
| 5 | Lawrence | $1,205 |
| 6 | Avon | $1,190 |
| 7 | Westfield | $1,180 |
| 8 | Fishers | $1,170 |
| 9 | Brownsburg | $1,120 |
| 10 | Sellersburg | $1,100 |
| 11 | Granger | $1,070 |
| 12 | Noblesville | $1,050 |
| 13 | Columbus | $1,045 |
| 14 | Munster | $1,040 |
| 15 | Plainfield | $1,030 |
Nearby cities — studio rent
Considering nearby alternatives? 3 of these cities have cheaper studio rents than Lafayette.
| City | Distance | Studio rent | vs Lafayette |
|---|---|---|---|
| West Lafayette, IN | 10.6 mi | $830 | +$20 (+2%) |
| Crawfordsville, IN | 25.1 mi | $598 | $-212 (-26%) |
| Frankfort, IN | 26.1 mi | $890 | +$80 (+10%) |
| Lebanon, IN | 37 mi | $890 | +$80 (+10%) |
| Whitestown, IN | 44.8 mi | $1,330 | +$520 (+64%) |
| Sheridan, IN | 47 mi | $890 | +$80 (+10%) |
| Brownsburg, IN | 49.4 mi | $1,120 | +$310 (+38%) |
| Kokomo, IN | 50.4 mi | $780 | $-30 (-4%) |
| Westfield, IN | 53.7 mi | $1,180 | +$370 (+46%) |
| Avon, IN | 53.9 mi | $1,190 | +$380 (+47%) |
| Danville, IL | 56.8 mi | $690 | $-120 (-15%) |
| Carmel, IN | 58.7 mi | $1,327 | +$517 (+64%) |
Studio rent in Lafayette — common questions
How much is a studio apartment in Lafayette?
As of August 2026, the median studio apartment rent in Lafayette, Indiana is $810 per month. This is +37% below the citywide median of $1,285.
What income do you need to afford a studio in Lafayette?
Using the standard 30% rent-to-income rule, you would need an annual income of about $32,400 ($2,700/month gross), which works out to roughly $15.58/hour at a full-time job.
Is Lafayette expensive for a studio compared to the rest of the US?
Lafayette's studio median of $810 is +37% below the national studio median of $1,290. It ranks in the 10th percentile of US cities tracked.
How does Lafayette rank for studio rent in Indiana?
Among the 61 cities in Indiana with studio data, Lafayette ranks #15 from cheapest to most expensive.
Are there cheaper studio options near Lafayette?
Yes — nearby cities with cheaper studio rents include Crawfordsville ($598), Kokomo ($780), Danville ($690).