66 Russell Dr
HustonvilleKY40437
Cheap Homes for Rent in Lancaster, KY from $300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Lancaster.
228.5 S Porter Dr
RichmondKY40475
117 Spring Cir Dr
BereaKY40403
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
303 McDougal Ave
RichmondKY40475
157 Hager Dr
RichmondKY40475
2640 Tates Creek Rd
RichmondKY40475
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
92 Hancock St
Junction CityKY40440
Showing Results 1-7, Page 1 of 1
Lancaster, KY Local Guide
Sunset over grass field by kyle post is licensed under CC BY 2.0
How much does it cost to rent a home in Lancaster?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lancaster 2 Bedroom Homes for Rent | $1,106 | $875 | $1,400 |
| Lancaster 3 Bedroom Homes for Rent | $1,482 | $985 | $1,695 |
| Lancaster 4 Bedroom Homes for Rent | $2,414 | $1,500 | $3,800 |
Browse Top Homes for Rent in Lancaster
Explore Lancaster
Lancaster, KY Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lancaster Apartments for Rent and Nearby
The cheapest available apartment rental in Lancaster, KY is a 2 Beds unit found at Meadow Pointe Apartments priced from $829. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Pointe Apartments | New 2BR Rehabs | 2BR,1BA | $829 |
| Pebblecreek Crossing | Two Bedroom | 2BR,1BA | $859 |
| The Metropolitan | Woodford | 1BR,1BA | $935 |
Best Value Apartments for Rent in Lancaster, KY and Nearby
As of August 15, 2025 the best value apartment in the Lancaster area is the $1.18 price per square foot 2 Bedroom Townhomes Model at Squire Mill Town Homes in the in the Boone Creek neighborhood starting from $1,250. The second greatest value Lancaster apartment is the Covington Model at The Avenue at Nicholasville starting at $1,499 with a $1.49 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Squire Mill Town Homes | 2 Bedroom Townhomes | 2BR,2BA | $1.18 |
| The Avenue at Nicholasville | Covington | 2BR,2BA | $1.49 |
| The Resort | One Bedroom | 1BR,1BA | $1.11 |
| Meadow Pointe Apartments | New 2BR Rehabs | 2BR,1BA | $0.92 |
| Pebblecreek Crossing | Two Bedroom | 2BR,1BA | $0.97 |
| MAA Pinnacle | Andover | 1BR,1BA | $1.71 |
| Brandywine | 1 Bed | 1BR,1BA | $1.36 |
| Ashton on Main | 2 Bedroom | 2BR,1BA | $1.48 |
| The Metropolitan | Woodford | 1BR,1BA | $1.32 |
| 112 Danville St, Unit 3 | 112 Danville St | 1BR,1BA | $1.20 |
Quick 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.
Let everyone know!
Do you know the Lancaster area?
If you’re an expert on all things Lancaster, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Lancaster, KY
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lancaster, KY Rentals by Map
See the most popular apartments and homes in Lancaster, KY
Frequently Asked Questions about Lancaster
What type of rentals are currently available in Lancaster?
There are currently 41 Apartments for Rent in Lancaster, KY with pricing that ranges from $600 to $3,877. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lancaster ranging from $399 to $3,800.
What is the current price range for Rental Homes in Lancaster?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lancaster ranges from $399 to $3,800 with an average monthly rent of $1,456.
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.
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.
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.
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.
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.