
Cheap Apartments for Rent in the Lancaster Neighborhood of El Paso, TX from $300 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lancaster area of El Paso.


The Meadows

San Montego

San Marcos Apartment Homes

8506 Winchester Rd

La Privada

Padres Village Apartments

La Jolla Place Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Bella Vista Place Apartments

9488 Landry McKee Ln

Canyon Square Village

Alameda Village Apartments

Ranger Trail Apartments

Villas del Valle

Western Burgundy

Verde Palms Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Paseo at Mission Trails

Alameda Palms

Amber Sky Estates

8326 Verde Cir

North Loop Apartments

Prado Apartments

8420 Waterfall Dr

Nevarez Palms
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Lancaster, El Paso, TX Local Guide

How much does it cost to rent an apartment in Lancaster?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lancaster Studio Apartments | $672 | $650 | $695 |
| Lancaster 1 Bedroom Apartments | $837 | $800 | $1,020 |
| Lancaster 2 Bedroom Apartments | $988 | $825 | $1,428 |
| Lancaster 3 Bedroom Apartments | $1,166 | $975 | $1,300 |
| Lancaster 4 Bedroom Apartments | $1,193 | $1,193 | $1,193 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Lancaster Neighborhood of El Paso, TX.
See all Apartments in El PasoExplore El Paso
Lancaster, El Paso, TX Local Guide
- Nearby El Paso neighborhoods
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Cheapest Available Lancaster Apartments for Rent
 The cheapest available apartment rental in the Lancaster area of El Paso, TX is a 1 Bed unit found at San Marcos Apartment Homes priced from $819. La Hacienda Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Lancaster apartments for rent in El Paso, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| San Marcos Apartment Homes | Azalea Suit | 1BR,1BA | $819 |
| La Hacienda Apartments | 1Bed/1Bath | 1BR,1BA | $850 |
| The Meadows | One Bedroom Large | 1BR,1BA | $850 |
| Padres Village Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $855 |
| San Montego | 2 Bedroom | 2BR,1BA | $900 |
Best Value Apartments for Rent in Lancaster, TX
As of May 21, 2026 the best value apartment in the Lancaster area is the $1.20 price per square foot 3 Bedroom Model at Prado Apartments in the in the Ascarate neighborhood starting from $1,198. The second greatest value Lancaster apartment is the One Bedroom Large Model at The Meadows starting at $850 with a $1.13 price per square foot in the Ascarate neighborhood. Here is today’s list of the best values for Lancaster apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Prado Apartments | 3 Bedroom | 3BR,2BA | $1.20 |
| The Meadows | One Bedroom Large | 1BR,1BA | $1.13 |
| San Montego | 2 Bedroom | 2BR,1BA | $1.29 |
| Padres Village Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.32 |
| La Hacienda Apartments | 1Bed/1Bath | 1BR,1BA | $1.31 |
| North Loop Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.79 |
| San Marcos Apartment Homes | Azalea Suit | 1BR,1BA | $1.56 |
Where to Rent in El Paso: A Local's Guide to Apartments Near Major Universities
El Paso is affordable, friendly, and vibrant! Explore Downtown, Golden Hill, Mission Hills, and more to find your perfect apartment near campus.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleLancaster, El Paso, TX
Ranked #140
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Lancaster Apartments
How much is rent for a Cheap One Bedroom Lancaster Apartment?
The lowest price for a Cheap One Bedroom Lancaster Apartment is $819 at San Marcos Apartment Homes.
What is the lowest price for a Cheap Two Bedroom Lancaster Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lancaster is starting from $855 at Padres Village Apartments.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

An El Paso, TX Local Expert's Guide to Affordable Neighborhoods for Renters
Written by: Lori Rosario
El Paso has been inhabited for thousands of years and still has much to offer people of all ages and walks of life.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.