Lafayette Homes under $150,000

Welcome to Lafayette, Indiana – a vibrant city nestled in the heart of Tippecanoe County, offering a delightful blend of small-town charm and modern conveniences. Known for its rich history and thriving community, Lafayette is a place where you can enjoy a high quality of life without the hefty price tag.

One of the most appealing aspects of Lafayette is its diverse housing market, especially for those looking for homes under $150,000. Whether you are a first-time homebuyer, a family searching for a cozy abode, or an investor seeking rental opportunities, Lafayette has something to suit your needs. From quaint bungalows to charming townhouses, you’ll find a variety of options that are not only affordable but also full of character.

Living in Lafayette means you have access to an array of amenities, including beautiful parks, excellent schools, and a vibrant downtown area filled with unique shops and delicious dining options. The city is also home to Purdue University, which adds a youthful energy and a plethora of cultural events throughout the year.

With a strong sense of community and a welcoming atmosphere, Lafayette is more than just a place to live; it’s a place to thrive. Explore the affordable housing options available in this wonderful city, and discover how you can plant your roots in a community that feels like home. Your dream home awaits in Lafayette, where affordability meets opportunity!

Newest Lafayette Homes under $150,000

$136,000

3 Beds ⋅ 2 Baths ⋅ 202638945 MLS ⋅ 1,797 SqFt. ⋅ Aaron Walker

Needs much love. Metal roof. Lots of potential.

1108 Salem St, Lafayette

Listing courtesy of Aaron Walker from F.C. Tucker/Shook.

$95,000

2 Beds ⋅ 1 Baths ⋅ 202634711 MLS ⋅ 960 SqFt. ⋅ Loren Rockhill

This is a fantastic opportunity to own your very own condo in Greater Lafayette, only 5 minutes from down town & just 5 miles from Purdue University. This two bedroom, 1 bath home offers dual balconies, ample storage space, two separate entrances into the building as well as private parking! This property offers functionality that is hard to find. While this location could benefit from a little cosmetic TLC and updating, it has been well cared for and presents a great opportunity to add your own personal touches. Snag this up before it's gone! This property is subject to HOA. Property being sold as-is.

908 N 21st St Unit 3, Lafayette

Listing courtesy of Loren Rockhill from C&C Home Realty. Agt: 765-491-5750

$138,000

2 Beds ⋅ 1 Baths ⋅ 202602676 MLS ⋅ 940 SqFt. ⋅ Jarred Moen

*Seller willing to sell on land contract* Prime city investment opportunity! This property is located in a convenient in-town location with easy access to shopping, dining, schools, and public transportation. Offering strong potential for rental income or future appreciation, this home could be great for anyone looking to customize the home of their dreams! Or investors looking to add to their portfolio. The layout provides functional living space with room for updates or value-add improvements. Whether you’re looking for a long-term rental, fix-and-hold, or flip opportunity, this property offers great potential.

1524 Virginia St, Lafayette

Listing courtesy of Jarred Moen from eXp Realty, LLC. Cell: 574-850-9308

$145,000

3 Beds ⋅ 1 Baths ⋅ 202625689 MLS ⋅ 1,320 SqFt. ⋅ Kellie Dussault

Opportunity awaits with this charming two-story home in the heart of Lafayette! Offering 3 bedrooms, 1 full bath, and 1,320 square feet of living space, this home is full of character and potential. The spacious covered front porch provides a warm welcome and the perfect place to relax. Inside, you'll find a bright living room, a functional kitchen with a movable island, and a convenient main-level bedroom, full bath, and laundry room. Upstairs offers two additional bedrooms with plenty of space for family, guests, or a home office. Outside, enjoy a fully fenced backyard, covered patio, storage shed, and mature landscaping that provides beauty throughout the seasons. This property also includes two separate lots, offering additional outdoor space and endless possibilities for expansion, a future garage, gardening, recreation, or investment potential. Conveniently located near downtown Lafayette, shopping, restaurants, schools, and parks, this home offers the perfect opportunity to make it your own.

1014 S 14th St, Lafayette

Listing courtesy of Kellie Dussault from Keller Williams Lafayette. Agt: 463-239-0965

$149,900

2 Beds ⋅ 1 Baths ⋅ 202627731 MLS ⋅ 720 SqFt. ⋅ Cathy Russell

Just 10 minutes from Purdue University and downtown Lafayette, this charming 2-bedroom, 1-bath home offers a wonderful blend of convenience and potential! Nestled on a corner lot, the home features an attached 1-car garage and an unfinished basement, offering plenty of extra storage space. With shopping, dining, entertainment, and all that Purdue and downtown Lafayette have to offer just minutes away, this home is a great fit for a homeowner, investor, or anyone looking for a convenient location. Whether you're looking for a cozy place to call home or your next investment opportunity, this one is ready to shine! Call your favorite Realtor to schedule a private showing today!

102 Owen St, Lafayette

Listing courtesy of Cathy Russell from @properties.

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.