Cheap Apartments for Rent in Lancaster, MO from $300 (27 Rentals)

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

property at 310 N 1st St

310 N 1st St

OskaloosaIA52577

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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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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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.

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property at 705 S 3rd St

705 S 3rd St

FairfieldIA52556

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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501 S Osteopathy Ave
1 Bedroom Apartments

501 S Osteopathy Ave

501 S Osteopathy AveKirksville, MO 63501
Student Housing
  • Utilities Included
Showing Results 1-27, Page 1 of 1

Lancaster, MO Local Guide

Cheapest Available Lancaster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lancaster, MO is a 3 Beds unit found at Cedar Creek Crossing Apartments priced from $340. Foxwood Apartments in the Easton Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $638. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Creek Crossing Apartments3 Bed 2 Bath3BR,2BA$340
Foxwood ApartmentsB22BR,1BA$638
Monroe City Senior Housing 62+1 Bed 1 Bath1BR,1BA$675
Halls of Brookfield - 55+ Years2 Bed 1 Bath2BR,1BA$685
Northern Plains by KadingCottage - 22BR,1BA$695
East Park Apartments1/2 Story Down2BR,1BA$750
Indianola Park Apartments1BR Upper1BR,1BA$755
Fairfield EstatesUnit 22BR,2BA$758
Tisdale Apartments2 Bedroom2BR,1BA$760
Louden LoftsTwo Bedroom2BR,2BA$800

Best Value Apartments for Rent in Lancaster, MO and Nearby

As of June 25, 2025 the best value apartment in the Lancaster area is the $1.08 price per square foot Three Beds Two Baths Model at Emerson Garden Apartments in the starting from $1,400. The second greatest value Lancaster apartment is the Unit 55 Model at Fairfield Estates starting at $1,057 with a $0.84 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.
Emerson Garden ApartmentsThree Beds Two Baths3BR,2BA$1.08
Fairfield EstatesUnit 554BR,2BA$0.84
Cedar Creek Crossing Apartments3 Bed 2 Bath3BR,2BA$0.30
School House Apartments1 Bedroom and 1 Bath1BR,1BA$1.06
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Northern Plains by KadingCottage - 22BR,1BA$0.83
Halls of Brookfield - 55+ Years2 Bed 1 Bath2BR,1BA$0.83
Foxwood ApartmentsB12BR,1BA$0.87
Louden LoftsTwo Bedroom2BR,2BA$1.00
Next Level Apartments - Deer RunB12BR,1BA$1.03

Quick Rent Budget Calculator

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

Explore Lancaster, MO Rentals by Map

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See the most popular apartments and homes in Lancaster, MO

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Getting Around Lancaster, MO

Walk Score®

18 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 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 $675 at Monroe City Senior Housing 62+.

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 $638 at Foxwood Apartments.

What is the most affordable Lancaster Three Bedroom Apartment?

The best deal on a cheap Lancaster Three Bedroom Apartment rental is at Cedar Creek Crossing Apartments and starts from $340.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.