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525 S 3rd St #1

Lafayette, IN 47905 - Tippecanoe County

Apartment

1 bed

1 bath

450 sqft

Cats only

About 525 S 3rd St #1

All in price with fees $772.95. Rent:$725. Resident Benefit Package:$33. Residential liability Insurance $14.95. Enjoy comfortable downtown living in this charming 1 bedroom, 1 bathroom apartment located in a 4-plex in the heart of Lafayette. This cozy unit offers convenient access to local restaurants, shopping, entertainment, and public transportation, all just minutes from your door. Featuring a functional layout with plenty of natural light, this apartment is perfect for anyone looking to enjoy the convenience and character of downtown living. Residents will love the easy access to Main Street attractions, and the vibrant atmosphere of downtown Lafayette.

Amenities: Range/Oven, Window Coverings & Linoleum Vinyl. Parking: on-street.

170 days on RentalSource

RentalSource last checked: 22 hours ago · Listing updated: October 25, 2026

Managed by PMI Lafayette · (765) 553-4492

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$725
Bedrooms:	1 bed
Bathrooms:	1 bath
Size:	450 sqft

Pets:	Cats only
Laundry:	Inquire
Parking:	Inquire
Available:	Now
ID:	83637043

Amenities

Air Conditioning
Balcony/Patio
Carpeted Floors
Public Transportation
Refrigerator
Vinyl/Laminate Floors

Leasing Information

Lease term: 12 months.

Fees

Renter's Insurances $14.95 (mandatory, monthly).
Resident Benefit Package $33 (mandatory, monthly).
Security deposit $725 (mandatory, refundable, move-in).
Application fee $55 (mandatory, nonrefundable, pre-move-in).

Additional Details

This 1-bedroom, 1-bathroom apartment at 525 S 3rd St #1 in Lafayette, IN 47905 rents for $725 a month. It has 450 square feet and is pet friendly. 525 S 3rd St #1 was advertised by PMI Lafayette on May 16, 2026.

How the Rent Compares

At $725 a month, this apartment is below the typical rent for 1-bedroom apartments and condos in Lafayette (about $930).

From 98 one-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.

$930Typical rent for 1-bedroom apartments and condos in Lafayette

$800–$1,090Middle half of their rents

43 daysAverage time they have been listed

See 1+ bedroom rentals in Lafayette

Rent History

The rent has dropped from $750 to $725 since it was listed on May 16.

Rent history for this home, newest first
Date	Event	Rent	Change
June 27, 2026	Price change	$725−3.3%	−3.3%
May 16, 2026	Listed for rent	$750

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

Affordability Calculator

Can I afford to live at 525 S 3rd St #1?

Bedrooms

1 bedroom

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

$29,000 /year

With your chosen rent-to-income ratio, an annual income of $29,000 is recommended to comfortably afford this 1-bedroom rental priced at $725 per month.

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

Apartment for rent

$725

$772.95/mo with required fees

Deposit $725 · Application fee $55 · All fees

Can I afford this home?

Interested in 525 S 3rd St #1?

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

Property managed by

PMI Lafayette

(765) 553-4492

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