Cheap Apartments for Rent in Lancaster, MN from $400 (20 Rentals)

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

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.

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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Pioneer Court A Ltd Ptshp
1 to 2 Bedroom Apartments

Pioneer Court A Ltd Ptshp

1602 Greenwood StThief River Falls, MN 56701
  • 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

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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715 N 40th St
1 to 3 Bedroom Apartments

715 N 40th St

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

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 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 ListingModel NameBed/BathPriced From
Valley Park Apartments1 Bedroom C1BR,1BA$653
White House and Blair HouseBlair House Single Bedroom1BR,1BA$680
Oakwood HomesTownhomes2BR,1BA$713
Dakota at 55th3 Bed 2 Bath3BR,2BA$740
Heritage Highlands1 Bedroom + 1 Bathroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Block V4BR/1BA4BR,1BA$1.09
Campus Place CLO2D/1B2BR,1BA$1.23
Dakota at 55th3 Bed 2 Bath3BR,2BA$0.66
SummerField Thief River Falls TownhomesTwo Bedroom Two Bath2BR,2BA$1.03
Southwood Park TownhomesSouthwood 2 bedroom2BR,1.5BA$0.97
Parkwood Apartments2 Bedroom2BR,1BA$0.86
River Falls EstatesUnit 3111BR,1BA$0.95
Oakwood HomesApartment1BR,1BA$1.02
Heritage Highlands1 Bedroom + 1 Bathroom1BR,1BA$1.17
Valley Park Apartments1 Bedroom C1BR,1BA$1.17

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

Explore Lancaster, MN Rentals by Map

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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

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.

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.