Cheap Homes for Rent in Downtown Lancaster Neighborhood of Lancaster, PA from $900 (2 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

property at 156 E Walnut St

156 E Walnut St

LancasterPA17602

The Art of the Rental Viewing: What to look for during a property tour

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.

property at 40 W James St

40 W James St

LancasterPA17603

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Downtown Lancaster, Lancaster, PA Local Guide

Best Value Apartments for Rent in Downtown Lancaster, PA

As of May 30, 2025 the best value apartment in the Downtown Lancaster area is the $2.20 price per square foot 2BR/1.0BA Model at The Intel in the in the Hawthorne Ridge neighborhood starting from $2,275. The second greatest value Downtown Lancaster apartment is the 2 Bedroom Model at Steeple View Lofts 55+ starting at $2,280 with a $2.26 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.
The Intel2BR/1.0BA2BR,1BA$2.20
Steeple View Lofts 55+2 Bedroom2BR,1BA$2.26
40 S Prince St, Unit #2nd floor40 S Prince St2BR,1BA$1.25
241A N Queen St1 Bedroom 1 Bathroom1BR,1BA$1.48
Creekside North Apartments1 Bed /1Bath/Den-1BR,1BA$1.44
The Keppel Building0BR/1.0BAStudio ,1BA$1.77
Celadon at GrandviewA21BR,1BA$2.86
Landis Place on King- 55+ CommunityChestnut1BR,1BA$2.17
The Lofts at Stehli Silk Mill1I - 1 Bed / 1 Bath1BR,1BA$2.53
10 PrinceNew - 1 Bedroom/1 Bathroom-5811BR,1BA$2.57

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Downtown Lancaster

What type of rentals are currently available in Downtown Lancaster?

There are currently 77 Apartments for Rent in Downtown Lancaster, PA with pricing that ranges from $845 to $2,894. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lancaster ranging from $965 to $2,395.

What is the current price range for Rental Homes in Downtown Lancaster?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lancaster ranges from $965 to $2,395 with an average monthly rent of $1,680.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.