
Cheap Apartments for Rent in Lancaster, MO from $300 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Lancaster.


404 S Franklin St

Foxwood Apartments

MAPLE PLACE APARTMENTS

Next Level Apartments - Easton Village
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.

Dennis Park Apartments

105 E Franklin St

Monroe City Senior Housing 62+

East Park Apartments

Fairfield Estates

307 Ilion Ave
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.

Ridgebrook Apartments

56 E Burlington Ave

Louden Lofts

301 2nd Ave

636 Payson Ave
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.

702 S Roche St

200 Gregory Ln

601 W Smith St

601 Smith St
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.

820 N Owensby St

1002 S Adams Ct
Lancaster, MO Local Guide

How much does it cost to rent an apartment in Lancaster?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lancaster Studio Apartments | $1,200 | $1,200 | $1,200 |
Lancaster 1 Bedroom Apartments | $822 | $500 | $1,380 |
Lancaster 2 Bedroom Apartments | $873 | $300 | $1,965 |
Lancaster 3 Bedroom Apartments | $1,113 | $340 | $2,500 |
Lancaster 4 Bedroom Apartments | $1,058 | $1,058 | $1,058 |
Browse Top Apartments in Lancaster
See all Apartments in LancasterExplore Lancaster
Lancaster, MO Local Guide
- Nearby Cities
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Cheapest Available Lancaster Apartments for Rent and Nearby
 The cheapest available apartment rental in Lancaster, MO is a 2 Beds unit found at Foxwood Apartments in the Easton Park neighborhood priced from $600. Next Level Apartments - Easton Village 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Foxwood Apartments | B2 | 2BR,1BA | $600 |
Next Level Apartments - Easton Village | B1 | 2BR,1BA | $638 |
Dennis Park Apartments | B1 | 2BR,1BA | $659 |
East Park Apartments | 1/2 Story Down | 2BR,1BA | $750 |
Fairfield Estates | Unit 2 | 2BR,2BA | $758 |
Louden Lofts | Two Bedroom | 2BR,2BA | $800 |
Northern Plains by Kading | Villa | 3BR,1BA | $825 |
Prairie Village Apartments | A1 Classic | 1BR,1BA | $825 |
Orchard Meadows Apartments | B1 Classic | 2BR,1BA | $850 |
Indianola Park Apartments | 2BR Upper | 2BR,1BA | $855 |
Best Value Apartments for Rent in Lancaster, MO and Nearby
As of October 15, 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 2 Model at Fairfield Estates starting at $758 with a $0.72 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. |
---|---|---|---|
Emerson Garden Apartments | Three Beds Two Baths | 3BR,2BA | $1.08 |
Fairfield Estates | Unit 2 | 2BR,2BA | $0.72 |
Northern Plains by Kading | Hutton | 3BR,1BA | $0.82 |
Osceola Heights | Hutton | 3BR,1BA | $1.00 |
Sunset Terrace | 2 Beds, 2 baths | 2BR,2BA | $1.13 |
Washington Apartments | The Harmon | 2BR,1BA | $1.09 |
Orchard Meadows Apartments | B1 Classic | 2BR,1BA | $0.96 |
Louden Lofts | Two Bedroom | 2BR,2BA | $1.00 |
Dennis Park Apartments | B1 | 2BR,1BA | $0.82 |
Next Level Apartments - Easton Village | B1 | 2BR,1BA | $0.80 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lancaster, MO Rentals by Map
See the most popular apartments and homes in Lancaster, MO
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 $641 at Foxwood 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 $600 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 Northern Plains by Kading and starts from $825.
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.