Lafayette Homes under $250,000

Welcome to Lafayette, Indiana – a vibrant city steeped in history and brimming with charm! Nestled in the heart of Tippecanoe County, Lafayette offers a delightful blend of small-town warmth and urban sophistication. With its rich cultural heritage, picturesque parks, and a thriving arts scene, this city is an ideal place for families, young professionals, and anyone looking to enjoy a high quality of life.

Lafayette is known for its welcoming community spirit and excellent educational opportunities, thanks in part to its proximity to Purdue University. The city boasts a variety of recreational activities, from scenic trails perfect for biking and walking to beautiful parks where families can gather for picnics and outdoor fun. Plus, with a diverse array of dining options, shopping venues, and local events, there’s always something happening in Lafayette!

For those looking to settle down in this charming city, you’ll be pleased to discover that Lafayette offers an impressive selection of homes priced under $250,000. Whether you’re a first-time homebuyer, a growing family, or someone seeking a cozy retreat, you’ll find a range of options that cater to your needs. From quaint bungalows to modern townhouses, Lafayette’s real estate market provides affordable opportunities without sacrificing quality of life.

Explore the warmth and vibrancy of Lafayette, Indiana, and find your dream home today in this delightful city where community and affordability come together seamlessly!

Newest Lafayette Homes under $250,000

$150,000

3 Beds ⋅ 4 Baths ⋅ 202641404 MLS ⋅ 2,176 SqFt. ⋅ Robyn Bower

INVESTMENT OPPORTUNITY near downtown Lafayette! This triplex offers three separate units and plenty of potential for an investor looking to add to or start building a rental portfolio. While the property could benefit from some updates and improvements, the units are ready for tenants and offer immediate income-producing possibilities. Conveniently located near downtown Lafayette with easy access to restaurants, shopping, entertainment, employment, and area amenities. Whether you're looking for a value-add investment, long-term rental property, or an opportunity to improve and increase future returns, this property is worth a closer look. Three units, one property, and plenty of potential! Unit 1 is a 2-bed, 1.5-bath. Unit 2 is a 1-bed, 1-bath, and Unit 3 is a studio apartment that could be converted back into a garage. Endless possibilities here. Plenty of parking in the back and a carport. Inspections welcome. Property sold as-is.

1011 Union St, Lafayette

Listing courtesy of Robyn Bower from The Real Estate Agency. Agt: 765-337-3960

$185,000

2 Beds ⋅ 1 Baths ⋅ 202641333 MLS ⋅ 741 SqFt. ⋅ Cathy Russell

Fresh, updated, and ready to move in! This 2-bedroom, 1-bath Lafayette home features a remodeled kitchen and bathroom, fresh paint throughout, and a new HVAC system for added comfort and peace of mind. Conveniently located close to shopping, dining, parks, schools, and more, this home offers an appealing combination of updates, comfort, and location. Whether you're a first-time buyer, looking to downsize, or searching for an investment opportunity, come take a look and see what this Lafayette home has to offer!

307 S 29th St, Lafayette

Listing courtesy of Cathy Russell from @properties. Agt: 765-426-7000

$124,500

3 Beds ⋅ 3 Baths ⋅ 202641284 MLS ⋅ 1,760 SqFt. ⋅ Matthew Brown

Great starter home. Spacious 3 bedroom, 1 full and 2 half baths, 1760 sq ft has lots to offer. Large eat-in kitchen, two family rooms, wood burning fireplace, 2 car attached garage, and fenced back yard. Some visible discoloration was cut/removed and/or treated. Some may still be present in or out of sight. No formal remediation was done. No before/after professional reports are in hand. Buyer to conduct due diligence. Plumbing system did not hold pressure during winterization. Water will not be turned on.

2515 Eckman Dr, Lafayette

Listing courtesy of Matthew Brown from Tom Hayes Realty. Cell: 765-210-2959

$189,700

3 Beds ⋅ 1 Baths ⋅ 202641250 MLS ⋅ 816 SqFt. ⋅ Brenda Sprunger

Welcome home to this charming one-story 2–3 bedroom home featuring newer flooring and a freshly painted interior. The basement offers a finished 9’10” x 17’11” bonus room, a utility room, and additional open space, providing plenty of flexibility for storage, hobbies, or recreation. Step outside and enjoy the deck overlooking the fenced-in yard—perfect for relaxing or entertaining. The property also includes an impressive 2-car garage with an upper level, plus a spacious 12’ x 25’ lean-to for additional storage, workspace, or recreational needs. With its comfortable layout, fresh updates, and abundant storage space, this home is ready for its next owner!

44 Vernon Ln, Lafayette

Listing courtesy of Brenda Sprunger from Redlow Group.

$189,900

3 Beds ⋅ 2 Baths ⋅ 846349 MLS ⋅ 1,486 SqFt. ⋅ Georgeann Weisman

This spacious 3-bedroom, 1.5-bath ranch offers a functional floor plan, generous living space, and plenty of opportunity to make it your own. Inside, you'll find two separate living areas, including a cozy family room featuring a classic brick fireplace, giving you plenty of space for relaxing, entertaining, or creating a home office or flex area. The kitchen provides an abundance of wood cabinetry and counter space, with an adjoining dining area. Hardwood/parquet flooring can be found in the bedrooms, and the home also features a convenient in-home laundry area. A covered front porch stretches across much of the home and overlooks the established yard and mature trees. The home is functional and livable as-is while offering excellent potential for buyers who want to update finishes and add their own style. With its single-level layout, multiple living spaces and solid potential, this is a great opportunity to create a home that's truly your own.

6313 Wea Woodland Drive, Lafayette

Listing courtesy of Georgeann Weisman from Brokerworks Group.

$250,000

4 Beds ⋅ 2 Baths ⋅ 202641171 MLS ⋅ 2,360 SqFt. ⋅ Kat Snethen

Step back in time with the timeless charm of this beautifully maintained 1920 home! Featuring 4 bedrooms and 1.5 baths, this character-filled residence showcases gorgeous natural woodwork, a classic pocket door, and a beautiful fireplace. The enclosed front porch and lovely deck provide inviting spaces to relax and enjoy the outdoors. A charming she shed offers the perfect retreat for hobbies, gardening, or simply a little escape. The extra-large garage provides plenty of room for vehicles, storage, and hobbies, with an upstairs workshop for added versatility. Conveniently located near schools and shopping, this delightful home combines historic character with everyday convenience.

1303 S 14th St, Lafayette

Listing courtesy of Kat Snethen from F.C. Tucker/Shook.

$135,000

2 Beds ⋅ 1 Baths ⋅ 202641154 MLS ⋅ 1,580 SqFt. ⋅ Christian Smith

Welcome to this cute and cozy 2-bedroom, 1-bath home offering approximately 1,580 square feet of comfortable living space. The main floor features a functional kitchen and dining area, along with a versatile additional room that could be used as a home office, playroom, hobby space, or whatever best fits your needs. The convenience continues with main-floor laundry complete with a utility sink. Upstairs, you’ll find two spacious bedrooms offering plenty of room to relax and unwind. An unfinished basement provides additional storage space and potential for future use. With its cozy feel, flexible living spaces, and practical layout, this home is ready for its next owner to make it their own!

807 S 20th St, Lafayette

Listing courtesy of Christian Smith from eXp Realty, LLC.

$250,000

2 Beds ⋅ 2 Baths ⋅ 202641133 MLS ⋅ 1,200 SqFt. ⋅ Garrett Criswell

Well-maintained 2 bedroom, 1.5 bath home located on the south end of Lafayette in a quiet neighborhood. This meticulous home features a freshly painted interior and thoughtful updates throughout. Recent exterior improvements include a newly poured concrete patio, updated landscaping, and a recently aerated yard, perfect for outdoor enjoyment. The home offers an attached screened-in patio at the rear, along with a shed that includes electric capability for added storage or workspace. One bedroom features a convenient half-bath en suite. Appliances include a refrigerator with a new ice maker and a dishwasher that is approximately one year old. Furnace and water heater are estimated to be 9–10 years old. Move-in ready and well cared for, this property offers comfort, functionality, and a peaceful setting while still being close to local amenities.

3920 George Washington Rd, Lafayette

Listing courtesy of Garrett Criswell from Raeco Realty.

$219,000

3 Beds ⋅ 1 Baths ⋅ 202640984 MLS ⋅ 960 SqFt. ⋅ Eric Seymour

Welcome home to 711 Park Avenue, a charming one-story Lafayette home offering comfortable living spaces, great outdoor areas and an outstanding location just two blocks from Columbian Park in the heart of Lafayette! A welcoming 32' x 10' covered front porch stretches across the front of the home, providing the perfect spot to relax and enjoy the outdoors. Step inside to find luxury vinyl plank flooring throughout and neutral paint and a spacious living room filled with natural light. The adjoining kitchen offers an abundance of white cabinetry, generous counter space, a complete suite of bright white appliances, a window over the sink and an efficient galley-style layout. Beyond the main living areas, a large family room provides additional space for movie nights, entertaining or simply spreading out. Or use it for dining space! The home features three bedrooms and one full remodeled bath, while the full basement is ready for your creativity! Imagine additional living space, a hobby or craft area, workout space, workshop or plenty of organized storage. The basement also features a separated laundry area, giving you a great head start on making the lower level work for your needs. An important recent improvement is the updated HVAC system in 2025. Outdoor living is another highlight! In addition to the expansive front porch, enjoy a screened porch, backyard firepit area and storage shed for lawn equipment, bikes and seasonal items. A one-car garage provides additional off-street parking and storage. And the location is hard to beat! Just two blocks from Columbian Park, you'll have convenient access to the Columbian Park Zoo, Tropicanoe Cove and Loeb Stadium for baseball season, plus the park's many recreational amenities and festivals. Downtown Lafayette, Purdue University, shopping and dining are also just minutes away. With flexible living space upstairs and down, inviting outdoor areas, updated HVAC and a fantastic location near some of Lafayette's favorite attractions, 711 Park Avenue is ready to welcome you home!

711 Park Ave, Lafayette

Listing courtesy of Eric Seymour from BerkshireHathaway HS IN Realty. Cell: 765-490-8460

$199,900

3 Beds ⋅ 2 Baths ⋅ 202640972 MLS ⋅ 1,584 SqFt. ⋅ Amy Brown

Built in 1890, this three-bedroom, two-full-bath home has the kind of character you just can’t build into a new one. Inside, you’ll find open living and dining areas, a kitchen with granite countertops, and a mix of tile and original hardwood floors throughout. Outside, there’s a fenced backyard, plus a two-car detached garage, all sitting on a .16-acre lot in Lafayette. It’s got history. It’s got personality. And it’s ready for its next chapter. Buyer to confirm schools & measurements. Pictures coming Monday.

2006 Vinton St, Lafayette

Listing courtesy of Amy Brown from The Wyman Group. Cell: 260-571-9109

$230,000

4 Beds ⋅ 2 Baths ⋅ 202640810 MLS ⋅ 2,000 SqFt. ⋅ Emily Cary

Start Showing Date: 10/22/2026 Welcome home to this charming 4-bedroom gem in south Lafayette! Fresh paint and flooring complement the inviting layout, bright living spaces, and cozy feel throughout, while a newer roof and HVAC system add to the home’s appeal. With three bedrooms on the main level and one on the lower level, this home offers flexibility for a variety of needs. The main level features a full bathroom for added convenience. The lower level boasts an oversized living area and ample storage, with room to expand your entertaining options. Outside, enjoy a backyard with space to unwind, entertain, or let pets play, plus a 10x8 storage shed. Conveniently located near schools, shopping, and dining, this home offers space, versatility, and an opportunity to make it your own!

2400 Ottawa Dr, Lafayette

Listing courtesy of Emily Cary from Keller Williams Realty Group. emily@caryteamrealty.com

$185,000

3 Beds ⋅ 1 Baths ⋅ 202640623 MLS ⋅ 957 SqFt. ⋅ Colin Alford

Check out this 3 bedroom, 1 bath home on Pipers Glen Dr! Offering a functional layout with plenty of potential to make the space your own. Whether you’re looking for your first home, downsizing, or simply looking for a place you can put your own touch on, this one is worth a look. Conveniently located near shopping, dining, and everything Lafayette has to offer. Schedule your showing today!

3236 Pipers Glen Dr, Lafayette

Listing courtesy of Colin Alford from Trueblood Real Estate.

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Updated . Information deemed reliable but not guaranteed.

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.