
Cheap Apartments for Rent in the Downtown Lancaster Neighborhood of Lancaster, PA from $945 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lancaster area of Lancaster.


142 S Prince St

218 W King St

356 N Queen St

Total Monthly Price
219 W Vine St, Unit #1

41 S Water St, Unit #2

230 1/2 W Walnut St

219 N Queen St

138 E Chestnut St
Rent According to Income: A Look at Income-Restricted Rentals
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Steeple View Lofts 55+

228 N Duke St

Total Monthly Price
137 E Lemon St, Unit #1

Total Monthly Price
118 W Chestnut St

40 W James St

28 E Vine St

Total Monthly Price
506 N Queen St, Unit Apartment 2

The Keppel Building

The Alistair
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Gallery 118

44 S Prince St, Unit 1

10 E James St, Unit 1

Total Monthly Price
202 Queen

The Apartments at 101 North Queen

121 E Chestnut St

425 N Prince St, Unit 312

Hardware Lofts, Lancaster, PA (#3356)

10 Prince
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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

313 N Mulberry St

Vinoy

53 W Farnum St

136 E Lemon St

11 E Walnut St

Walnut 38

Prince Street Lofts

241A N Queen St

City View Apartments
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.

1 Hoffman Ter
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 | $1,461 | $995 | $1,799 |
| Downtown Lancaster 1 Bedroom Apartments | $1,746 | $945 | $2,264 |
| Downtown Lancaster 2 Bedroom Apartments | $2,584 | $1,245 | $3,643 |
| Downtown Lancaster 3 Bedroom Apartments | $2,871 | $1,500 | $4,243 |
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Downtown Lancaster Neighborhood of Lancaster, PA.
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Downtown Lancaster, Lancaster, PA Local Guide
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Cheapest Available Downtown Lancaster Apartments for Rent
 The cheapest available apartment rental in the Downtown Lancaster area of Lancaster, PA is a 1 Bed unit found at City View Apartments priced from $1,397. The Alistair has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here are the most affordable Downtown Lancaster apartments for rent in Lancaster, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| City View Apartments | One Bedroom | 1BR,1BA | $1,397 |
| The Alistair | Studio D | 1BR,1BA | $1,500 |
| 202 Queen | Studio/1 Bathroom-443 | Studio,1BA | $1,549 |
| The Apartments at 101 North Queen | Studio 1 bath M Floor | Studio,1BA | $1,550 |
| 10 Prince | 1 Bedroom/1 Bathroom-655 | 1BR,1BA | $1,585 |
Best Value Apartments for Rent in Downtown Lancaster, PA
As of August 30, 2026 the best value apartment in the Downtown Lancaster area is the $2.28 price per square foot Cherry Model at Landis Place on King- 55+ Community in the in the Hawthorne Ridge neighborhood starting from $2,760. The second greatest value Downtown Lancaster apartment is the 44 S Prince St Model at 44 S Prince St, Unit 1 starting at $1,500 with a $1.46 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. |
|---|---|---|---|
| Landis Place on King- 55+ Community | Cherry | 2BR,2BA | $2.28 |
| 44 S Prince St, Unit 1 | 44 S Prince St | 3BR,1BA | $1.46 |
| 137 E Lemon St, Unit #1 | 137 E Lemon St | 2BR,1BA | $1.50 |
| The Intel | 1 Bed 1 Bath | 1BR,1BA | $2.20 |
| City View Apartments | One Bedroom | 1BR,1BA | $2.23 |
| 10 Prince | New - 1 Bedroom/1 Bathroom-581 | 1BR,1BA | $2.68 |
| 506 N Queen St, Unit Apartment 2 | 506 N Queen St | 1BR,1BA | $2.61 |
| The Apartments at 101 North Queen | Studio 1 bath M Floor | Studio ,1BA | $2.79 |
| The Alistair | Studio D | 1BR,1BA | $2.91 |
| 219 W Vine St, Unit #1 | 219 W Vine St | 1BR,1BA | $2.35 |
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.
Pet Friendly LifestyleDowntown Lancaster, Lancaster, PA
Ranked #17
Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 202 Queen listed at $1,549.
How much is rent for a Cheap One Bedroom Downtown Lancaster Apartment?
The lowest price for a Cheap One Bedroom Downtown Lancaster Apartment is $1,397 at City View Apartments.
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 $1,869 at 10 Prince.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.