
Cheap Apartments for Rent in Lancaster, MN from $400 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Lancaster.


Dakota at 55th

Valley Park Apartments

White House and Blair House

Parkwood Apartments

Oakwood Homes
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.

Heritage Highlands

Northern Pacific

Heritage Terrace Townhomes

Wheatland Estates

Tamarack Place
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.

First Street Estates

Columbia Square South *RENOVATED APARTMENTS!*
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.

Emerald Square**FULLY RENOVATED APARTMENTS!**
Lancaster, MN Local Guide

How much does it cost to rent an apartment in Lancaster?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lancaster Studio Apartments | $1,165 | $775 | $1,225 |
Lancaster 1 Bedroom Apartments | $1,142 | $653 | $1,895 |
Lancaster 2 Bedroom Apartments | $1,292 | $646 | $2,106 |
Lancaster 3 Bedroom Apartments | $1,496 | $575 | $2,682 |
Lancaster 4 Bedroom Apartments | $1,298 | $450 | $3,571 |
Browse Top Apartments in Lancaster
See all Apartments in LancasterExplore Lancaster
Lancaster, MN Local Guide
- Nearby Cities
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Cheapest Available Lancaster Apartments for Rent and Nearby
 The cheapest available apartment rental in Lancaster, MN is a 1 Bed unit found at Valley Park Apartments priced from $653. White House and Blair House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $680. Here is today’s list of the most affordable Lancaster apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Valley Park Apartments | 1 Bedroom C | 1BR,1BA | $653 |
White House and Blair House | Blair House Single Bedroom | 1BR,1BA | $680 |
Oakwood Homes | Townhomes | 2BR,1BA | $713 |
Dakota at 55th | 3 Bed 2 Bath | 3BR,2BA | $740 |
Heritage Highlands | 1 Bedroom + 1 Bathroom | 1BR,1BA | $819 |
Best Value Apartments for Rent in Lancaster, MN and Nearby
As of October 11, 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 2D/1B Model at Campus Place CLO starting at $1,395 with a $1.23 price per square foot . 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. |
---|---|---|---|
Block V | 4BR/1BA | 4BR,1BA | $1.09 |
Campus Place CLO | 2D/1B | 2BR,1BA | $1.23 |
Dakota at 55th | 3 Bed 2 Bath | 3BR,2BA | $0.66 |
SummerField Thief River Falls Townhomes | Two Bedroom Two Bath | 2BR,2BA | $1.03 |
Southwood Park Townhomes | Southwood 2 bedroom | 2BR,1.5BA | $0.97 |
Parkwood Apartments | 2 Bedroom | 2BR,1BA | $0.86 |
River Falls Estates | Unit 311 | 1BR,1BA | $0.95 |
Oakwood Homes | Apartment | 1BR,1BA | $1.02 |
Heritage Highlands | 1 Bedroom + 1 Bathroom | 1BR,1BA | $1.17 |
Valley Park Apartments | 1 Bedroom C | 1BR,1BA | $1.17 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lancaster, MN Rentals by Map
See the most popular apartments and homes in Lancaster, MN
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 $653 at Valley Park Apartments.
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 Dakota at 55th and starts from $740.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.