Cheap Apartments for Rent in the Downtown Lancaster Neighborhood of Lancaster, PA from $945 (37 Rentals)

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

property at 218 W King St

$1,140

Studio To 1 Bedroom Rentals

Available Now

218 W King St

LancasterPA17603
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219 W Vine St, Unit #1
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
1 Bedroom Apartment Available Now

219 W Vine St, Unit #1

219 W Vine StLancaster, PA 17603
Affordability
property at 41 S Water St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

41 S Water St, Unit #2

41 S Water St
LancasterPA17603

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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137 E Lemon St, Unit #1
$1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350
2 Bedroom Apartment Available Now

137 E Lemon St, Unit #1

137 E Lemon StLancaster, PA 17602
Affordability
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118 W Chestnut St
$1,375 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $1,500

Total Monthly Price
$1,375 - $1,500
Studio to 2 Bedroom Apartment Available Now

118 W Chestnut St

118 W Chestnut StLancaster, PA 17603
Affordability

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.

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202 Queen
$1,549 - $2,918
Total Monthly Price

Total Monthly Price

Base Rent
$1,549 - $2,918

Total Monthly Price
$1,549 - $2,918
Studio to 2 Bedroom Apartments Available Now

202 Queen

202 N Queen StLancaster, PA 17603
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10 Prince
Studio to 2 Bedroom Apartments

10 Prince

10 S Prince StLancaster, PA 17603

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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.

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Vinoy
1 Bedroom Apartments

Vinoy

325 North Duke StreetLancaster, PA 17602
  • Utilities Included
property at 136 E Lemon St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

Studio, 1 Bath Townhome for Rent

Available Now

136 E Lemon St

LancasterPA17602
property at 11 E Walnut St

$1,295 - $1,500

Studio To 2 Bedroom Rentals

Available Now

11 E Walnut St

LancasterPA17602
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Walnut 38
1 Bedroom Apartments

Walnut 38

38 E Walnut StLancaster, PA 17602
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Prince Street Lofts
Studio to 1 Bedroom Apartments

Prince Street Lofts

227 N Prince StLancaster, PA 17603
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241A N Queen St
1 to 2 Bedroom Apartments

241A N Queen St

241A N Queen StLancaster, PA 17603
  • Utilities Included
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City View Apartments
1 to 2 Bedroom Apartments

City View Apartments

114 E Lemon StLancaster, PA 17602
  • Utilities Included

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.

property at 1 Hoffman Ter

$1,495

2 Bedroom Rentals

Available Now

1 Hoffman Ter

LancasterPA17603

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 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 ListingModel NameBed/BathPriced From
City View ApartmentsOne Bedroom1BR,1BA$1,397
The AlistairStudio D1BR,1BA$1,500
202 QueenStudio/1 Bathroom-443Studio,1BA$1,549
The Apartments at 101 North QueenStudio 1 bath M FloorStudio,1BA$1,550
10 Prince1 Bedroom/1 Bathroom-6551BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Landis Place on King- 55+ CommunityCherry2BR,2BA$2.28
44 S Prince St, Unit 144 S Prince St3BR,1BA$1.46
137 E Lemon St, Unit #1137 E Lemon St2BR,1BA$1.50
The Intel1 Bed 1 Bath1BR,1BA$2.20
City View ApartmentsOne Bedroom1BR,1BA$2.23
10 PrinceNew - 1 Bedroom/1 Bathroom-5811BR,1BA$2.68
506 N Queen St, Unit Apartment 2506 N Queen St1BR,1BA$2.61
The Apartments at 101 North QueenStudio 1 bath M FloorStudio ,1BA$2.79
The AlistairStudio D1BR,1BA$2.91
219 W Vine St, Unit #1219 W Vine St1BR,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.

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Real 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.

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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.

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Pet Friendly Lifestyle
Downtown Lancaster, Lancaster, PA

Ranked #17

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.