Cheap Apartments for Rent in Lancaster, MN from $400 (27 Rentals)

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

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.

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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.

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First Street Estates
$940 - $1,120
Total Monthly Price

Total Monthly Price

Base Rent
$895 - $1,075
Required Monthly Fees
$45
Total Monthly Price
$940 - $1,120
1 to 2 Bedroom Apartments Available Now

First Street Estates

1611 1st St WThief River Falls, MN 56701
Student Housing
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  • Utilities Included
  • Smoke Free

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.

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Pioneer Court A Ltd Ptshp
1 to 2 Bedroom Apartments

Pioneer Court A Ltd Ptshp

1602 Greenwood StThief River Falls, MN 56701
Senior Living
  • Utilities Included
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Green Acres Apartments
1 to 3 Bedroom Apartments

Green Acres Apartments

1800 5th Ave NEEast Grand Forks, MN 56721
  • Utilities Included
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Country Acres Apartment
2 Bedroom Apartments

Country Acres Apartment

1918 Greenwood St EThief River Falls, MN 56701
  • Utilities Included

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.

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715 N 40th St
1 to 3 Bedroom Apartments

715 N 40th St

715 N 40th StGrand Forks, ND 58203
  • Utilities Included
Showing Results 1-27, Page 1 of 1

Lancaster, MN Local Guide

Cheapest Available Lancaster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lancaster, MN is a 1 Bed unit found at White House and Blair House priced from $695. Oakwood Homes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $713. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
White House and Blair HouseBlair House Single Bedroom1BR,1BA$695
Oakwood HomesTownhomes2BR,1BA$713
Block V1BR/1BA1BR,1BA$800
Parkwood Apartments2 Bedroom2BR,1BA$825
Valley Park Apartments2 Bedroom C2BR,1BA$826
Heritage Terrace Townhomes2 bedroom2BR,1BA$829
Wheatland Estates1 Bed, 1 bath1BR,1BA$895
Tamarack Place2 Bedroom2BR,1BA$895
First Street Estates1 Bedroom/1 Bathroom1BR,1BA$940
SummerField Thief River Falls TownhomesTwo Bedroom Two Bath2BR,2BA$1,015

Best Value Apartments for Rent in Lancaster, MN and Nearby

As of November 26, 2025 the best value apartment in the Lancaster area is the $1.09 price per square foot 4BR/1BA Model at Block V in the in the Downtown Grand Forks neighborhood starting from $1,525. The second greatest value Lancaster apartment is the 2 bedroom Model at Heritage Terrace Townhomes starting at $829 with a $0.66 price per square foot . 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.
Block V4BR/1BA4BR,1BA$1.09
Heritage Terrace Townhomes2 bedroom2BR,1BA$0.66
Southwood Park TownhomesSherwood 2 bedroom2BR,1.5BA$0.82
West River Falls110-2172BR,1BA$1.20
Campus Place ApartmentsCP6 - 2 Bed/1 Bath | 1,055 SF2BR,1BA$1.25
SummerField Thief River Falls TownhomesTwo Bedroom Two Bath2BR,2BA$0.98
Parkwood Apartments2 Bedroom2BR,1BA$0.86
Valley Park Apartments2 Bedroom C2BR,1BA$0.99
Oakwood HomesApartment1BR,1BA$1.02
White House and Blair HouseBlair House Single Bedroom1BR,1BA$1.26

Don'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.

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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.

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

Explore Lancaster, MN Rentals by Map

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See the most popular apartments and homes in Lancaster, MN

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Getting Around Lancaster, MN

Walk Score®

15 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $695 at White House and Blair House.

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 $713 at Oakwood Homes.

What is the most affordable Lancaster Three Bedroom Apartment?

The best deal on a cheap Lancaster Three Bedroom Apartment rental is at Tamarack Place and starts from $995.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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! 

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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.