Homes & Apartments for Rent in Lafayette, TN

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What to Know About

Life in Lafayette & Beyond

Lafayette shares many of the great qualities that make Tennessee a desirable place to live.

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Lafayette, TN

As of June 2026, Lafayette's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lafayette's average rent is 19.4% ($271) higher than the Tennessee average of $1,397 and 7.2% ($129) lower than the U.S. average of $1,797.

Average Rent
$1,668
Monthly ChangeMonth Over Month Change
No change
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,100 No change No change
2 Beds $1,295 No change No change
3 Beds $1,859 No change No change
Nearby Cities Average Rent Avg. Rent vs. LafayetteAverage Rent vs. Lafayette Avg. Days on MarketAverage Days on Market
Hartsville $1,049 Decreased37.1% ($619) 33 days
Westmoreland $1,038 Decreased37.8% ($630) 32 days
Carthage $1,022 Decreased38.7% ($646) 37 days
Scottsville $1,218 Decreased27% ($450) 30 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lafayette Rental Market FAQs

Explore rental prices, market trends, and availability in Lafayette, TN.

The average rent in Lafayette, TN is $1,668 per month.
Homes in Lafayette typically rent for between $770 and $2,417 per month, with an average of $1,668 per month.
In Lafayette, the average rent for a 1-bedroom home is $1,100 per month, for a 2-bedroom home, $1,295 per month, and a 3-bedroom home is $1,859 per month.
The average rent in Lafayette is 7.2% ($129) lower than the national average of $1,797 per month.
The rental market in Lafayette, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lafayette, TN, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 5 rental properties available in Lafayette, TN.
Based on the current averages, a household would need an annual income of $51,800 to comfortably afford a 2-bedroom home in Lafayette.
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