Cheap Homes for Rent in Downtown Lancaster Neighborhood of Lancaster, PA from $600 (5 Rentals)

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

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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. The Intel has the second lowest priced unit, which is a Studio apartment currently listed from $1,420. Here are the most affordable Downtown Lancaster apartments for rent in Lancaster, PA:

Apartment ListingModel NameBed/BathPriced From
The Keppel BuildingStudioStudio,1BA$1,385
The IntelStudioStudio,1BA$1,420
The Apartments at 101 North Queen1 bed 1 bath M Floor1BR,1BA$1,495

Best Value Apartments for Rent in Downtown Lancaster, PA

As of January 18, 2026 the best value apartment in the Downtown Lancaster area is the $1.89 price per square foot New - 2 Bedroom /2 Bathroom-976-1216 Model at 10 Prince in the in the Hawthorne Ridge neighborhood starting from $2,299. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
10 PrinceNew - 2 Bedroom /2 Bathroom-976-12162BR,2BA$1.89
Landis Place on King- 55+ CommunityLime2BR,2BA$2.53
30 S Prince St, Unit #130 S Prince St2BR,1BA$1.43
40 S Prince St, Unit 140 S Prince St1BR,1BA$1.22
44 S Prince St, Unit 344 S Prince St1BR,1BA$1.07
The Keppel BuildingStudioStudio ,1BA$1.65
City View ApartmentsTwo Bedroom Corner2BR,1BA$1.95
The IntelStudioStudio ,1BA$1.95
The Apartments at 101 North Queen1 bed 1 bath M Floor1BR,1BA$2.23
The AlistairJunior A, B, C1BR,1BA$2.74

Frequently Asked Questions about Downtown Lancaster

What type of rentals are currently available in Downtown Lancaster?

There are currently 71 Apartments for Rent in Downtown Lancaster, PA with pricing that ranges from $950 to $3,600. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lancaster ranging from $695 to $3,250.

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 $695 to $3,250 with an average monthly rent of $1,593.

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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!