Rental market snapshot for West Lafayette, Indiana
West Lafayette, Indiana Rental Property Market Overview
West Lafayette, Indiana is a vibrant city located in Tippecanoe County. With a population of 44,672 according to the US Census in 2021, West Lafayette is a growing city with plenty of opportunities for residents. The city is home to Purdue University, which provides a variety of educational and cultural opportunities for the community. West Lafayette is also home to a variety of restaurants, shops, and entertainment venues, making it a great place to live and visit.
The average rent for an apartment in West Lafayette is $1,402. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 2.6% over the past year.
Last Updated May 10, 2023
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Average monthly rent graph in West Lafayette Indiana | Cost of Living
- The most expensive ZIP code in West Lafayette is 47906 with an average price of $1,175
- The cheapest ZIP code in West Lafayette is 47906 with an average price of $890
West Lafayette ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 47906 | $1,175 |
Live near West Lafayette, Indiana's Top Sights and Attractions
Krach Lawn is a large grassy area located on the campus of a major university in Indiana. It is a popular spot for students to relax, play sports, and enjoy the outdoors. The lawn is surrounded by trees and has a large fountain in the center. During the summer months, the lawn is often filled with students enjoying the sunshine and playing Frisbee or other outdoor games. It is also a popular spot for outdoor concerts and other events.
Spirit Arch is a large, iconic archway located on the campus of Purdue University. The arch is made of limestone and is decorated with the university's logo and the words "Purdue University" in large, bold letters. The arch stands at the entrance of the university's main campus and is a popular spot for students and visitors to take photos. The arch is lit up at night and is a beautiful sight to behold.
Academy Park is a large outdoor recreational area located in West Lafayette, Indiana. It features a variety of activities, including walking and biking trails, a playground, a disc golf course, and a large pond with a fishing pier. The park also has a picnic area, a basketball court, and a sand volleyball court. It is a great place to spend a day outdoors with family and friends.
Engineering Fountains Park is a popular attraction located in West Lafayette, Indiana. It is a large outdoor park featuring a variety of fountains, sculptures, and other art installations. The park is a popular spot for locals and visitors alike, offering a peaceful and tranquil atmosphere. It is a great spot for a picnic or a leisurely stroll, and the fountains provide a great backdrop for photos. The park is also home to a variety of events throughout the year, including concerts, festivals, and more.
Brickhead Conversations is an outdoor art installation featuring life-sized Lego-style sculptures of people in conversation. The sculptures are made of colorful bricks and are arranged in a variety of poses, depicting conversations between friends, family, and strangers. The installation is located in a public park and is free to visit.
Memorial Mall is a large public park located in a college town. It features a large open green space, a pond, and a variety of trees and shrubs. There are also several monuments and memorials dedicated to those who have served in the military. The mall also features a variety of recreational activities, including a playground, picnic areas, and a walking path. In addition, the mall hosts a variety of events throughout the year, such as concerts, festivals, and other community gatherings.
Stadium Mall is a large shopping center located in the heart of a college town. It features a variety of stores, restaurants, and entertainment venues, including a movie theater, bowling alley, and arcade. The mall also has a large outdoor plaza with a fountain, seating areas, and a stage for live performances. It is a popular destination for locals and visitors alike, offering a unique shopping and entertainment experience.
Founders Park is a large outdoor space located on the banks of the Wabash River. It features a variety of activities for visitors to enjoy, including a walking path, a playground, picnic areas, and a fishing pier. The park also has a large open grassy area, perfect for playing sports or just relaxing. There are also several sculptures and monuments throughout the park, honoring the city's founders and other important figures.
Collaboration is an interactive art installation located in a public park in West Lafayette, Indiana. It consists of a series of large metal sculptures that visitors can climb, explore, and interact with. The sculptures are arranged in a circular formation and are brightly colored, making them a vibrant and eye-catching addition to the park. The sculptures are designed to encourage visitors to work together to explore the installation and create unique experiences.
David Rops Memorial and Garden is a tranquil and peaceful outdoor space located in West Lafayette, Indiana. The memorial is dedicated to the late David Rops, a beloved professor at Purdue University. The garden features a variety of plants and flowers, as well as a reflecting pool, benches, and a stone sculpture of Rops. Visitors can enjoy the peaceful atmosphere and take in the beauty of the garden.
West Lafayette, Indiana area median rent change by ZIP code map
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How does West Lafayette compare to other cities in Indiana ?
| city | median price |
|---|---|
| New Palestine | $1,955 |
| Martinsville | $1,889 |
| Greenfield | $1,605 |
| New Albany | $1,555 |
| Portage | $1,135 |
| Griffith | $1,000 |
| Whiting | $875 |
| Crawfordsville | $599 |
Average household income in West Lafayette area graph - US Census
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The median household income in West Lafayette in 2021 was $28,744. This represents a -.9% change from 2011 when the median was $29,014.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 20.9% |
| 1 | $10,000 to $14,999 | 7.2% |
| 2 | $15,000 to $19,999 | 7.8% |
| 3 | $20,000 to $24,999 | 9.2% |
| 4 | $25,000 to $29,999 | 3.8% |
| 5 | $30,000 to $34,999 | 3.7% |
| 6 | $35,000 to $39,999 | 2.8% |
| 7 | $40,000 to $44,999 | 2.8% |
| 8 | $45,000 to $49,999 | 2.4% |
| 9 | $50,000 to $59,999 | 4.1% |
| 10 | $60,000 to $74,999 | 6.5% |
| 11 | $75,000 to $99,999 | 9.0% |
| 12 | $100,000 to $124,999 | 4.8% |
| 13 | $125,000 to $149,999 | 3.3% |
| 14 | $150,000 to $199,999 | 4.7% |
| 15 | $200,000 or more | 7.1% |
