Cheap Apartments for Rent in Lancaster, KY from $600 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lancaster.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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1040 Brandy Ln
2 to 3 Bedroom Apartments

1040 Brandy Ln

1040 Brandy LnRichmond, KY 40475

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, KY Local Guide

Cheapest Available Lancaster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lancaster, KY is a 1 Bed unit found at Shawnee Trail Apartments priced from $726. Pebblecreek Crossing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $859. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$726
Pebblecreek CrossingTwo Bedroom2BR,1BA$859
The MetropolitanWoodford1BR,1BA$979
The ResortOne Bedroom1BR,1BA$995
Brandywine1 Bed1BR,1BA$1,050

Best Value Apartments for Rent in Lancaster, KY and Nearby

As of July 31, 2025 the best value apartment in the Lancaster area is the $1.37 price per square foot C1 Pemberley - Three Bedroom, Two Bathroom Model at Enclave Hartland in the in the The Meadows At Brannon Crossing neighborhood starting from $1,730. The second greatest value Lancaster apartment is the Dixon Model at The Avenue at Nicholasville starting at $1,559 with a $1.39 price per square foot in the The Meadows At Brannon Crossing neighborhood. Here is today’s list of the best values for Lancaster apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Enclave HartlandC1 Pemberley - Three Bedroom, Two Bathroom3BR,2BA$1.37
The Avenue at NicholasvilleDixon2BR,2BA$1.39
Squire Mill Town Homes2 Bedroom Townhomes2BR,2BA$1.18
Vines at Saddlebrook3 x 13BR,1BA$1.01
Veridian Lexington2 Bedroom 2 Bath2BR,2BA$1.45
The ResortOne Bedroom1BR,1BA$1.11
Pebblecreek CrossingTwo Bedroom2BR,1BA$0.97
Brandywine1 Bed1BR,1BA$1.38
The MetropolitanWoodford1BR,1BA$1.38
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$1.38

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Lancaster, KY

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

17 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

2 / 100

Minimal Transit

It may be possible to get on a bus

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 $726 at Shawnee Trail Apartments.

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 $859 at Pebblecreek Crossing.

What is the most affordable Lancaster Three Bedroom Apartment?

The best deal on a cheap Lancaster Three Bedroom Apartment rental is at Shawnee Trail Apartments and starts from $1,032.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.