Cheap Homes for Rent in Lancaster, KY from $300 (9 Rentals)

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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 Morrow Rentals priced from $650. Pebblecreek Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $724. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morrow Rentals1 Bed 1 Bath1BR,1BA$650
Pebblecreek CrossingOne Bedroom1BR,1BA$724
CREEKSIDE SENIOR APARTMENTS1 Bedroom 1 Bathroom1BR,1BA$825

Best Value Apartments for Rent in Lancaster, KY and Nearby

As of September 30, 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 2 Bedroom Premium Model at The Callaway starting at $1,199 with a $1.26 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.
Squire Mill Town Homes2 Bedroom Townhomes2BR,2BA$1.18
The Callaway2 Bedroom Premium2BR,1BA$1.26
Meadow Pointe ApartmentsMeadow Pointe 2 bedrooms2BR,1BA$0.92
The ResortOne Bedroom1BR,1BA$1.11
4044 Expo Ct, Lexington, KY, 40515-4682Covered front porch2BR,1BA$1.09
Brandywine1 Bed1BR,1BA$1.29
1040 Brandy LnTwo Bed2BR,1BA$1.25
Pebblecreek CrossingOne Bedroom1BR,1BA$1.03
CREEKSIDE SENIOR APARTMENTS1 Bedroom 1 Bathroom1BR,1BA$1.38
Ty Lane Apartments1 Bedroom (600sqft)1BR,1BA$1.42

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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 $3,509. There are also 36 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 $1,382.

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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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.