
Cheap Homes for Rent in Downtown Lancaster Neighborhood of Lancaster, PA from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lancaster area of Lancaster.


41 S Water St, Unit #2
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

249 N Mulberry St

415 N Prince St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

249 N Mulberry St
Downtown Lancaster, Lancaster, PA Local Guide

How much does it cost to rent a home in Downtown Lancaster?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lancaster 2 Bedroom Homes for Rent | $2,237 | $1,225 | $3,250 |
| Downtown Lancaster 3 Bedroom Homes for Rent | $1,847 | $1,695 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Lancaster Neighborhood of Lancaster, PA.
Explore 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Keppel Building | Studio | Studio,1BA | $1,385 |
| The Intel | Studio | Studio,1BA | $1,420 |
| The Apartments at 101 North Queen | 1 bed 1 bath M Floor | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10 Prince | New - 2 Bedroom /2 Bathroom-976-1216 | 2BR,2BA | $1.89 |
| Landis Place on King- 55+ Community | Lime | 2BR,2BA | $2.53 |
| 30 S Prince St, Unit #1 | 30 S Prince St | 2BR,1BA | $1.43 |
| 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 | $1.07 |
| The Keppel Building | Studio | Studio ,1BA | $1.65 |
| City View Apartments | Two Bedroom Corner | 2BR,1BA | $1.95 |
| The Intel | Studio | Studio ,1BA | $1.95 |
| The Apartments at 101 North Queen | 1 bed 1 bath M Floor | 1BR,1BA | $2.23 |
| The Alistair | Junior A, B, C | 1BR,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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!