Find Rentals in Lafayette

Homes for Rent Houses for Rent Apartments for Rent See Newest Listings

Explore Listings

Browse Rentals Browse Houses Browse Apartments

Market Trends

Rental Market Trends Hottest Rental Markets

Property Managers

List Your Rentals Property Manager Directory Listings Quality Policy

Renter Resources

Rent Calculator Rent vs. Buy Calculator Moving Center Search with AI Avoid Rental Scams

Help & Support

Blog FAQs About Us Contact Us

Save homes you like and get email alerts for new listings.

New 1 day ago

Verified

Refrigerator

- Copy link
- Email
- Text message
- Facebook
- X

516 S 4th St

Lafayette, IN 47901 - Tippecanoe County

Apartment

2 beds

2 baths

835 sqft

Cats & dogs OK

In-unit laundry

About 516 S 4th St

Nestled in a prime location, this spacious apartment offers the perfect blend of comfort and convenience. The apartment's proximity to downtown ensures that you'll never miss out on the vibrant city life. All appliances included.

Up to 2 non-aggressive breed pets allowed. Sorry, no smoking allowed.

Amenities: Oven/Stove, Close to Downtown, Master Bedroom En Suite & Tenant responsible for all utilities.

1 day on RentalSource

RentalSource last checked: 2 hours ago · Listing updated: October 31, 2026

Managed by: Shook Property Management · (765) 420-8200

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$985
Bedrooms:	2 beds
Bathrooms:	2 baths
Size:	835 sqft

Pets:	Cats & dogs
Laundry:	In unit
Parking:	Yes
Available:	November 6, 2026
ID:	84600583

Amenities

Washer/Dryer In Unit
Parking
Dishwasher
Balcony/Patio
Microwave
Refrigerator
Smoke-Free
Vinyl/Laminate Floors

Leasing Information

Fees

Deposit $985 (mandatory, refundable, move-in).

Additional Details

This 2-bedroom, 2-bathroom apartment at 516 S 4th St in Lafayette, IN 47901 rents for $985 a month. It has 835 square feet and is pet friendly. 516 S 4th St was advertised by Shook Property Management on October 31, 2026.

How the Rent Compares

At $985 a month, this apartment is below the typical rent for 2-bedroom apartments and condos in Lafayette (about $1,200).

From 83 two-bedroom apartments and condos listed in Lafayette on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$1,200Typical rent for 2-bedroom apartments and condos in Lafayette

$1,000–$1,340Middle half of their rents

43 daysAverage time they have been listed

See 2+ bedroom rentals in Lafayette

Rent History

The rent has gone up from $980 to $985 since it was listed on September 22. This home was last listed for rent on RentalSource in September 2023, ending at $915. Today's rent is $70 higher.

Rent history for this home, newest first
Date	Event	Rent	Change
October 31, 2026	Price change	$985+0.5%	+0.5%
September 22, 2026	Listed for rent	$980+7.1%	+7.1%
September 25, 2023	Listing removed	$915

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 516 S 4th St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$39,400 /year

With your chosen rent-to-income ratio, an annual income of $39,400 is recommended to comfortably afford this 2-bedroom rental priced at $985 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$985

Deposit $985 · All fees

Can I afford this home?

Interested in 516 S 4th St?

Find out more about this property & see if it's available now.

Property managed by:

Shook Property Management

(765) 420-8200 · View all 15 rentals

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.