Cheap Homes for Rent in Lancaster, PA from $875 (25 Rentals)

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

property at 902 Columbia Ave
$1,095
Studio Rentals
Available Oct 1
Affordability

902 Columbia Ave

LancasterPA17603
property at 136 E Lemon St
$1,195

Total Monthly Price

Base Rent$1,195

Total Monthly Price$1,195
Studio, 1 Bath Townhome for Rent
Available Now
Affordability

136 E Lemon St

LancasterPA17602
property at 41 S Water St
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

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.

property at 340 College Ave
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

340 College Ave

LancasterPA17603
property at 11 E Walnut St
$1,250 - $1,450
Studio To 2 Bedroom Rentals
Available Now
Affordability

11 E Walnut St

LancasterPA17602

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.

property at 271 Redwood Dr
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

271A Redwood Drive

271 Redwood Dr
LancasterPA17603
property at 15 S Ann St
$1,325

Total Monthly Price

Base Rent$1,325

Total Monthly Price$1,325
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

15 S Ann St

LancasterPA17602
property at 15 S Ann St
$1,325 - $1,995
1 To 3 Bedroom Rentals
Available Now
Affordability

15 S Ann St

LancasterPA17602

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.

property at 271B Redwood Dr
$1,400

Total Monthly Price

Base Rent$1,400

Total Monthly Price$1,400
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

271B Redwood Dr

LancasterPA17603

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
Affordability

1 Hoffman Ter

LancasterPA17603

Lancaster, PA Local Guide

Cheapest Neighborhoods for Homes in Lancaster, PA

Pricing Updated: 09/21/2026

Current rental homes in the Lancaster, PA area range in price from $875 to $5,500 with an overall median price of $1,615. The three Lancaster neighborhoods with the lowest median rent pricing are Downtown Lancaster at $1,315, Hawthorne Ridge at $1,495, and College Park at $1,597. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lancaster Homes for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Lancaster$1,315$1,1956
Hawthorne Ridge$1,495$87521
College Park$1,597$87538
Stadium District$1,597$87534
Cabbage Hill$1,600$87536
Chestnut Hill Lancaster$1,600$87535
Conestoga Heights$1,600$87533
East Side$1,600$87535
Musser Park$1,600$87535
Prospect Heights$1,600$87536

Best Value Homes for Rent in Lancaster, PA

As of September 22, 2026 the best value rental home in the Lancaster area is the $0.92 price per square foot 1417 Hammock Way Model at 1417 Hammock Way in the Outer Lancaster neighborhood starting from $3,800. The second greatest value Lancaster rental home is the 1976 Sterling Pl Model at 1976 Sterling Pl in the Outer Lancaster neighborhood starting at $2,850 with a $1.02 price per square foot. Here is today’s list of the best values for Lancaster homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
1417 Hammock Way1417 Hammock Way5BR, 4.5BA$0.92
1976 Sterling Pl1976 Sterling Pl3BR, 2BA$1.02
1766 Betz Farm Dr1766 Betz Farm Dr3BR, 3BA$1.20
15 S Ann St15 S Ann St3BR, 1BA$0.95
15 S Ann St15 S Ann St1BR, 1BA$0.63
951 E Orange St951 E Orange St4BR, 2.5BA$1.42
2137 Old Philadelphia Pike2137 Old Philadelphia Pike4BR, 1BA$1.58
535 Saint Joseph St535 Saint Joseph St3BR, 1BA$1.03
41 S Water St, Unit #241 S Water St2BR, 1BA$1.23
135 College Ave135 College Ave1BR, 1BA$1.50

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 Article
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
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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.

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Lancaster, PA
Population: 59,420

Ranked #640

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lancaster, PA Rentals by Map

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Frequently Asked Questions about Lancaster

What type of rentals are currently available in Lancaster?

There are currently 316 Apartments for Rent in Lancaster, PA with pricing that ranges from $800 to $4,243. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lancaster ranging from $875 to $5,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lancaster ranges from $875 to $5,500 with an average monthly rent of $1,931.

How much are larger Three and Four Bedroom Rentals in Lancaster?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lancaster range from $1,300 to $4,243, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,995. Four Bedroom Single-Family rentals are also available starting from $1,625 and Four Bedroom Apartments start at $2,023.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.