Cheap Apartments for Rent near Lancaster, MN from $400 (29 Rentals)

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

property at 307 Shiply Ave E

$490

Total Monthly Price

Total Monthly Price

Base Rent
$490

Total Monthly Price
$490

1 Bedroom, 1 Bath Home for Rent

Available Now

307 Shiply Ave E

BinfordND58416

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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River Falls Estates
$859 - $1,110
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$859 - $1,110

Total Monthly Price
$859 - $1,110
1 to 2 Bedroom Apartments Available Now

River Falls Estates

925 Alice DrThief River Falls, MN 56701
  • Verified
  • Utilities Included
  • Smoke Free

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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Tamarack Place
$980 - $1,173
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$880 - $1,073
Required Monthly Fees
$100

Total Monthly Price
$980 - $1,173
1 to 3 Bedroom Apartments Available Now

Tamarack Place

1105 3rd Ave SWRoseau, MN 56751
  • Verified
  • Utilities Included
  • Low Income
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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

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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Country Acres Apartment
2 Bedroom Apartments

Country Acres Apartment

1918 Greenwood St EThief River Falls, MN 56701
  • Utilities Included
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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
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Heritage Highlands
Studio to 3 Bedroom Apartments

Heritage Highlands

1115 3rd Ave NWEast Grand Forks, MN 56721
  • Utilities Included

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.

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 $690. Dakota at 55th has the second lowest priced unit, which is a 3 Beds apartment currently listed from $740. 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$690
Dakota at 55th3 Bed 2 Bath3BR,2BA$740
Oakwood Homes1B Apartment1BR,1BA$773
Block VSTUDIO/1BAStudio,1BA$850
River Falls EstatesUnit 1111BR,1BA$859
First Street Estates1bd/1bath1BR,1BA$920
Heritage Terrace Townhomes3 bedroom3BR,1BA$948
Tamarack Place2 Bedroom2BR,1BA$980
Wheatland Estates2 Bed 2 Bath2BR,2BA$995
West River Falls210-3191BR,1BA$997

Best Value Apartments for Rent in Lancaster, MN and Nearby

As of July 10, 2026 the best value apartment in the Lancaster area is the $1.23 price per square foot CP4 - 3 Bed/2 Bath | 1,364 SF Model at Campus Place Apartments in the starting from $1,684. The second greatest value Lancaster apartment is the 3 bedroom Model at Heritage Terrace Townhomes starting at $948 with a $0.70 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.
Campus Place ApartmentsCP4 - 3 Bed/2 Bath | 1,364 SF3BR,2BA$1.23
Heritage Terrace Townhomes3 bedroom3BR,1.5BA$0.70
Northern Heights Apartments3 Bed/2 Bath | 1,334 SF3BR,2BA$1.25
Southwood Park TownhomesSherwood 2 bedroom2BR,1.5BA$0.87
Dakota at 55th3 Bed 2 Bath3BR,2BA$0.66
Tamarack Place2 Bedroom2BR,1BA$1.09
Wheatland Estates2 Bed 2 Bath2BR,2BA$1.11
Oakwood Homes1B Apartment1BR,1BA$1.03
River Falls EstatesUnit 1111BR,1BA$1.19
White House and Blair HouseBlair House Single Bedroom1BR,1BA$1.25

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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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 $690 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 $980 at Tamarack Place.

What is the most affordable Lancaster Three Bedroom Apartment?

The best deal on a cheap Lancaster Three Bedroom Apartment rental is at Dakota at 55th and starts from $740.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.