Cheap Apartments for Rent in Lancaster, MN from $400 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article
property at 1211 Greenhill Dr

$955

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$955
Total Monthly Price
$955

2 Bedroom, 2 Bath Townhome for Rent

Available Now

1211 Greenhill Dr

Thief River FallsMN56701
close
View Me
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

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.

Read Article
close
View Me
Country Acres Apartment
2 Bedroom Apartments

Country Acres Apartment

1918 Greenwood St EThief River Falls, MN 56701
  • Utilities Included
close
View Me
715 N 40th St
1 to 3 Bedroom Apartments

715 N 40th St

715 N 40th StGrand Forks, ND 58203
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-28, 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 $690. The Beacon CLO in the Downtown Grand Forks neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. 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
The Beacon CLOStudio 1Studio,1BA$725
Oakwood HomesApartment1BR,1BA$766
River Falls EstatesUnit 207 TIF2BR,1BA$787
Green Acres Apartments2 Bedroom 1 Bathroom Available!2BR,1BA$790
Block VSTUDIO/1BAStudio,1BA$850
Tamarack Place1 Bedroom1BR,1BA$866
Wheatland Estates1 Bed 1 Bath1BR,1BA$895
Valley Park Apartments2 Bedroom C2BR,1BA$901
Heritage Highland II Townhomes2 bedroom2BR,1BA$929

Best Value Apartments for Rent in Lancaster, MN and Nearby

As of February 26, 2026 the best value apartment in the Lancaster area is the $1.09 price per square foot G2 Model at Boulder Apartments, LLC in the starting from $1,700. The second greatest value Lancaster apartment is the 2 bedroom Model at Heritage Highland II Townhomes starting at $929 with a $0.74 price per square foot in the Downtown Grand Forks 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.
Boulder Apartments, LLCG22BR,2BA$1.09
Heritage Highland II Townhomes2 bedroom2BR,1.5BA$0.74
Heritage Highlands2 Bed + 2 Bath2BR,2BA$0.87
SummerField Thief River Falls TownhomesTwo Bedroom Two Bath2BR,2BA$0.98
Southwood Park TownhomesSouthwood 2 bedroom2BR,1.5BA$1.02
Eleven01 ApartmentsC22BR,1BA$1.17
Green Acres Apartments2 Bedroom 1 Bathroom - NEW Renovation!2BR,1BA$1.11
The Verge Grand Forks2BR/2BA2BR,2BA$0.84
Valley Park Apartments2 Bedroom C2BR,1BA$1.08
Oakwood HomesApartment1BR,1BA$1.02

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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

Explore Lancaster, MN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lancaster, MN

View Map
Lancaster, MN Apartments Map
View Map
Lancaster, MN Rental Homes Map

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 $787 at River Falls Estates.

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 $1,073.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.