
Cheap Homes for Rent in Lancaster, KY from $400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Lancaster.


470 Rainbow Ct

463 Rainbow Ct
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.

817 E Main St

102 Barnes Ln

106 Kayla Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

303 McDougal Ave
Lancaster, KY Local Guide

How much does it cost to rent a home in Lancaster?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lancaster 2 Bedroom Homes for Rent | $993 | $675 | $1,200 |
Lancaster 3 Bedroom Homes for Rent | $1,537 | $950 | $2,400 |
Lancaster 4 Bedroom Homes for Rent | $2,385 | $1,500 | $3,800 |
Browse Top Homes for Rent in Lancaster
Explore Lancaster
Lancaster, KY Local Guide
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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. Meadow Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $729. Here is today’s list of the most affordable Lancaster apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $726 |
Meadow Pointe Apartments | Meadow Pointe 1 BR | 1BR,1BA | $729 |
Pebblecreek Crossing | Two Bedroom | 2BR,1BA | $823 |
Best Value Apartments for Rent in Lancaster, KY and Nearby
As of June 21, 2025 the best value apartment in the Lancaster area is the $1.38 price per square foot Enfield Model at MAA Pinnacle in the in the The Meadows At Brannon Crossing neighborhood starting from $1,693. The second greatest value Lancaster apartment is the B2 Ridley's Cheer - Two Bedroom, Two Bathroom Model at Enclave Hartland starting at $1,456 with a $1.31 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. |
---|---|---|---|
MAA Pinnacle | Enfield | 2BR,2BA | $1.38 |
Enclave Hartland | B2 Ridley's Cheer - Two Bedroom, Two Bathroom | 2BR,2BA | $1.31 |
Squire Mill Town Homes | 2 Bedroom Townhomes | 2BR,2BA | $1.18 |
Brandywine | 2 Bed Small | 2BR,2BA | $1.32 |
The Resort | One Bedroom | 1BR,1BA | $1.11 |
Pebblecreek Crossing | Two Bedroom | 2BR,1BA | $0.93 |
1040 Brandy Ln | Two Bed | 2BR,1BA | $1.25 |
The Metropolitan | Woodford | 1BR,1BA | $1.35 |
The Callaway | 1 Bedroom Traditional | 1BR,1BA | $1.34 |
Meadow Pointe Apartments | Meadow Pointe 1 BR | 1BR,1BA | $1.08 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Lancaster
What type of rentals are currently available in Lancaster?
There are currently 40 Apartments for Rent in Lancaster, KY with pricing that ranges from $650 to $3,971. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lancaster ranging from $450 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 $450 to $3,800 with an average monthly rent of $1,341.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.