Cheap Apartments for Rent in the Downtown Lancaster Neighborhood of Lancaster, PA from $800 (11 Rentals)

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

property at 218 W King St

218 W King St

LancasterPA17603

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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Vinoy
1 Bedroom Apartments

Vinoy

325 North Duke StreetLancaster, PA 17602
  • Utilities Included

Downtown Lancaster, Lancaster, PA Local Guide

Cheapest Available Downtown Lancaster Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lancaster area of Lancaster, PA is a Studio unit found at The Keppel Building priced from $1,350. 10 Prince has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,539. Here are the most affordable Downtown Lancaster apartments for rent in Lancaster, PA:

Apartment ListingModel NameBed/BathPriced From
The Keppel BuildingStudioStudio,1BA$1,350
10 Prince1 Bedroom/1 Bathroom-6551BR,1BA$1,539
202 QueenStudio/1 Bathroom-443Studio,1BA$1,549
The Apartments at 101 North QueenStudio / 1 bath - M FloorStudio,1BA$1,550
Prince Street Lofts1 Bedroom 1 Bath1BR,1BA$1,575

Best Value Apartments for Rent in Downtown Lancaster, PA

As of October 13, 2025 the best value apartment in the Downtown Lancaster area is the $1.43 price per square foot 30 S Prince St Model at 30 S Prince St, Unit #1 in the in the Hawthorne Ridge neighborhood starting from $1,395. The second greatest value Downtown Lancaster apartment is the 40 S Prince St Model at 40 S Prince St, Unit 1 starting at $1,095 with a $1.22 price per square foot in the Hawthorne Ridge neighborhood. Here is today’s list of the best values for Downtown Lancaster apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
30 S Prince St, Unit #130 S Prince St2BR,1BA$1.43
40 S Prince St, Unit 140 S Prince St1BR,1BA$1.22
46 S Prince St, Unit 446 S Prince St1BR,1BA$1.06
44 S Prince St, Unit 344 S Prince St1BR,1BA$1.09
Prince Street LoftsStudio with Loft1BR,1BA$1.91
The Keppel BuildingStudioStudio ,1BA$1.61
The IntelStudioStudio ,1BA$2.18
22 S Duke St, Unit 2A Studio22 S Duke StStudio ,1BA$1.76
10 Prince1 Bedroom/1 Bathroom-6551BR,1BA$2.35
The AlistairJunior A, B, C1BR,1BA$2.74

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Pet Friendly Lifestyle
Downtown Lancaster, Lancaster, PA

Ranked #18

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Downtown Lancaster Neighborhood in Lancaster, PA

Walk Score®

99 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Frequently Asked Questions about Cheap Downtown Lancaster Apartments

What is the Cheapest Studio apartment in Downtown Lancaster?

Currently the most affordable Cheap Studio Apartment in Downtown Lancaster is at The Keppel Building listed at $1,350.

How much is rent for a Cheap One Bedroom Downtown Lancaster Apartment?

The lowest price for a Cheap One Bedroom Downtown Lancaster Apartment is $1,539 at 10 Prince.

What is the lowest price for a Cheap Two Bedroom Downtown Lancaster Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lancaster is starting from $2,100 at The Apartments at 101 North Queen.

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.

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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.

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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.