
Cheap Apartments for Rent in the Downtown Lancaster Neighborhood of Lancaster, PA from $900 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lancaster area of Lancaster.


Total Monthly Price
10 Prince

40 S Prince St, Unit 1

108-110 E Walnut St

41 S Water St, Unit #2

30 S Prince St, Unit #1

Steeple View Lofts 55+
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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.

45 N Market St

The Keppel Building

The Apartments at 101 North Queen

Gallery 118

415 N Prince St

35 E Lemon St

The Alistair
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Total Monthly Price
202 Queen

Hardware Lofts, Lancaster, PA (#3356)

Vinoy

City View Apartments

Walnut 38

17 E Walnut St

Prince Street Lofts
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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.

241A N Queen St
Downtown Lancaster, Lancaster, PA Local Guide

How much does it cost to rent an apartment in Downtown Lancaster?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lancaster Studio Apartments | $1,451 | $1,002 | $1,955 |
| Downtown Lancaster 1 Bedroom Apartments | $1,853 | $995 | $2,492 |
| Downtown Lancaster 2 Bedroom Apartments | $2,499 | $1,295 | $3,643 |
| Downtown Lancaster 3 Bedroom Apartments | $4,182 | $3,600 | $4,703 |
| Downtown Lancaster 4 Bedroom Apartments | $1,775 | $1,775 | $1,775 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Downtown Lancaster Neighborhood of Lancaster, PA.
See all Apartments in LancasterExplore Lancaster
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 $1,385. Gallery 118 has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable Downtown Lancaster apartments for rent in Lancaster, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Keppel Building | Studio | Studio,1BA | $1,385 |
| Gallery 118 | Donatello | Studio,1BA | $1,400 |
| The Apartments at 101 North Queen | 1 bed 1 bath 2nd Floor | 1BR,1BA | $1,400 |
| The Intel | Studio | Studio,1BA | $1,450 |
| 202 Queen | Studio/1 Bathroom-443 | Studio,1BA | $1,572 |
Best Value Apartments for Rent in Downtown Lancaster, PA
As of February 28, 2026 the best value apartment in the Downtown Lancaster area is the $1.18 price per square foot 116 S Prince St Model at 116 S Prince St, Unit 116-2 in the in the Hawthorne Ridge neighborhood starting from $1,775. The second greatest value Downtown Lancaster apartment is the Lime Model at Landis Place on King- 55+ Community starting at $2,854 with a $2.53 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 116 S Prince St, Unit 116-2 | 116 S Prince St | 4BR,1BA | $1.18 |
| Landis Place on King- 55+ Community | Lime | 2BR,2BA | $2.53 |
| 30 S Prince St, Unit #1 | 30 S Prince St | 2BR,1BA | $1.33 |
| 40 S Prince St, Unit 1 | 40 S Prince St | 1BR,1BA | $1.22 |
| 44 S Prince St, Unit 3 | 44 S Prince St | 1BR,1BA | $1.12 |
| The Alistair | One Bedroom H | 1BR,1BA | $2.67 |
| The Intel | Studio | Studio ,1BA | $1.99 |
| The Keppel Building | 1 Bed 1 Bath | 1BR,1BA | $1.99 |
| 10 Prince | New - 1 Bedroom/1 Bathroom-673 to 699 | 1BR,1BA | $2.56 |
| The Apartments at 101 North Queen | 1 bed 1 bath M Floor | 1BR,1BA | $2.23 |
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 $1,385.
How much is rent for a Cheap One Bedroom Downtown Lancaster Apartment?
The lowest price for a Cheap One Bedroom Downtown Lancaster Apartment is $1,395 at The Keppel Building.
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 $1,825 at The Apartments at 101 North Queen.
What is the most affordable Downtown Lancaster Three Bedroom Apartment?
The best deal on a cheap Downtown Lancaster Three Bedroom Apartment rental is at The Intel and starts from $3,600.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.