
Cheap Apartments for Rent in Lancaster, OH from $700 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Lancaster.


Timber Creek Apartments

1673 Tiki Ln

245 Perry St

Total Monthly Price
238 S Maple St, Unit 501.5 E Walnut St

Oak Valley Apartments

Concord Manor Apartments

637 E Wheeling St

724 N Columbus St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

154 E Walnut St

The Studios at 123

Total Monthly Price
Somerford Square Apartments

Lancaster Midtown

The Bend

East Point Apartments and Lofts

River Valley

Courtship Village Townhomes

Hillcrest
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.

Chartwell Apartments

Total Monthly Price
225 E Allen St, Unit 225 East Allen Street

Fairfield Park

The Shumaker

Lodge at River Village

Windsor Place

Pershing House

Fairoaks Apartments

Oak Valley Courtyard Apartments
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.

Muirwood Apartments

215 S Ewing St

338 N Columbus St

Hunters Hill Apartments

335 Washington Ave

123 Walnut St

1442 Tiki Ln

Park Lane Apartments

124 Sherman 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.

11301 Main St
Lancaster, OH Local Guide

How much does it cost to rent an apartment in Lancaster?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lancaster Studio Apartments | $1,044 | $875 | $1,120 |
| Cheap Lancaster 1 Bedroom Apartments | $1,275 | $825 | $1,635 |
| Cheap Lancaster 2 Bedroom Apartments | $1,471 | $789 | $1,895 |
| Cheap Lancaster 3 Bedroom Apartments | $1,690 | $1,050 | $2,472 |
| Cheap Lancaster 4 Bedroom Apartments | $1,300 | $1,250 | $1,400 |
Browse Top Apartments in Lancaster
See all Apartments in LancasterExplore Lancaster
Lancaster, OH Local Guide
- Nearby Cities
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Cheapest Available Lancaster Apartments for Rent
 The cheapest available apartment rental in Lancaster, OH is a 2 Beds unit found at Sater Village Apartments priced from $789. Concord Manor Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here is today’s list of the most affordable Lancaster apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sater Village Apartments | 2BR/1BA | 2BR,1BA | $789 |
| Concord Manor Apartments | Remodeled Studio | Studio,1BA | $875 |
| The Studios at 123 | Studio | Studio,1BA | $995 |
| Lancaster Midtown | Arbor | 1BR,1BA | $1,105 |
| The Bend | The Nook | Studio,1BA | $1,114 |
| East Point Apartments and Lofts | 1 bedroom/1 bath | 1BR,1BA | $1,135 |
| River Valley | The Daisy | 1BR,1BA | $1,170 |
| Fairfield Park | The Alum | 1BR,1BA | $1,260 |
| The Shumaker | Flat | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Lancaster, OH
As of June 08, 2026 the best value apartment in the Lancaster area is the $1.59 price per square foot 2BR - 1BTH Townhome Renovated Model at Chartwell Apartments in the starting from $1,375. The second greatest value Lancaster apartment is the 2 Bed 1 Bath Flat Down Model at Lodge at River Village starting at $1,325 with a $1.57 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. |
|---|---|---|---|
| Chartwell Apartments | 2BR - 1BTH Townhome Renovated | 2BR,1BA | $1.59 |
| Lodge at River Village | 2 Bed 1 Bath Flat Down | 2BR,1BA | $1.57 |
| Courtship Village Townhomes | Two-Bedroom Townhome Living: Experience Comfor... | 2BR,1BA | $1.72 |
| Lancaster Midtown | Arbor II | 1BR,1BA | $1.53 |
| Flats on Memorial | The Abele | 1BR,1BA | $1.82 |
| Sater Village Apartments | 2BR/1BA | 2BR,1BA | $1.07 |
| East Point Apartments and Lofts | 1 bedroom/1 bath | 1BR,1BA | $1.58 |
| 238 S Maple St, Unit 501.5 E Walnut St | 238 S Maple St | 1BR,1BA | $1.24 |
| Fairfield Park | The Alum | 1BR,1BA | $1.85 |
| River Valley | The Daisy | 1BR,1BA | $1.83 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Best Local Schools in Lancaster, OH
Fairfield Union High School
Thomas Ewing Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lancaster, OH Rentals by Map
See the most popular apartments and homes in Lancaster, OH
Frequently Asked Questions about Cheap Lancaster Apartments
What is the Cheapest Studio apartment in Lancaster?
Currently the most affordable Cheap Studio Apartment in Lancaster is at Concord Manor Apartments listed at $875.
How much is rent for a Cheap One Bedroom Lancaster Apartment?
The lowest price for a Cheap One Bedroom Lancaster Apartment is $1,105 at Lancaster Midtown.
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 $789 at Sater Village Apartments.
What is the most affordable Lancaster Three Bedroom Apartment?
The best deal on a cheap Lancaster Three Bedroom Apartment rental is at Flats on Memorial and starts from $1,855.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.