Cheap Apartments for Rent in Lancaster, SC from $500 (36 Rentals)

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

property at 101 Blue Ln

$1,050

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Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

101 Blue Ln

LancasterSC29720

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.

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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.

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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.

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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.

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Showing Results 1-36, Page 1 of 1

Lancaster, SC Local Guide

Cheapest Neighborhoods for Apartments in Lancaster, SC

Pricing Updated: 04/28/2026

Current apartment rentals in the Lancaster, SC area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lancaster Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Shelly Woods$2,300$9955

Cheapest Available Lancaster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lancaster, SC is a 1 Bed unit found at Edgewood Place in the Spencer Estates neighborhood priced from $1,100. Gable Oaks Apartment Homes in the Stonewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Edgewood Place1 bed, 1 bath1BR,1BA$1,100
Gable Oaks Apartment HomesOne Bedroom1BR,1BA$1,150
Patriots CrossingA11BR,1BA$1,197
Cowan FarmsThe Clifton1BR,1BA$1,255
The Alexander Apartment HomesTwo Bedroom Two Bathroom2BR,2BA$1,279
Cushendall CommonsThe Glens1BR,1BA$1,295
Country Club Apartments2x1.5 Standard-Call For Availability2BR,1BA$1,300
Riverwalk ApartmentsA1 1 Bedroom Mini - 1 Bedroom, 1 Bathroom1BR,1BA$1,308
Bradford ParkArlington1BR,1BA$1,321
Gateway at Rock HillColumbus1BR,1BA$1,325

Best Value Apartments for Rent in Lancaster, SC and Nearby

As of April 28, 2026 the best value apartment in the Lancaster area is the $1.39 price per square foot 3 Bedroom Silver Model at Elements at Rock Hill in the in the Stonewood neighborhood starting from $1,700. The second greatest value Lancaster apartment is the Niven Model at Waterford Terrace starting at $1,795 with a $1.52 price per square foot in the Stonewood neighborhood. Here is today’s list of the best values for Lancaster apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Elements at Rock Hill3 Bedroom Silver3BR,2BA$1.39
Waterford TerraceNiven3BR,2BA$1.52
Galleria Pointe Apartments and TownhomesThe Winthrop Townhouse EIK2BR,1.5BA$1.38
Edgewood Place2 bed, 2 bath2BR,2BA$1.21
Country Club Apartments3x1.5 Upgraded- Call For Availability3BR,1.5BA$1.57
The Alexander Apartment HomesTwo Bedroom Two Bathroom2BR,2BA$1.36
East Gate Villas2BR 1.5BA Garden apt2BR,1.5BA$1.34
Riverstone ApartmentsB1 2 BED 2 BATH PATIO2BR,2BA$1.50
Cushendall CommonsThe Glens1BR,1BA$1.55
Patriots CrossingA11BR,1BA$1.60

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Explore Lancaster, SC Rentals by Map

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Lancaster, SC Area Reviews

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Patty • 4+ years in Lancaster

April 10, 2025

Lots of old boarded up homes and buildings. No Jobs or plants. Not enough apartments that seniors can afford. Lots of pot holes on our roads that our grandchildren have to drive on to school........ so bad and outrageous taxes. Why we have to pay for School Tax and don't have children in school?

Frequently Asked Questions about Cheap Lancaster Apartments

What is the Cheapest Studio apartment in Lancaster?

Currently the most affordable Cheap Studio Apartment in Lancaster is at The Caroline listed at $1,327.

How much is rent for a Cheap One Bedroom Lancaster Apartment?

The lowest price for a Cheap One Bedroom Lancaster Apartment is $1,100 at Edgewood Place.

What is the lowest price for a Cheap Two Bedroom Lancaster Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lancaster is starting from $1,279 at The Alexander Apartment Homes.

What is the most affordable Lancaster Three Bedroom Apartment?

The best deal on a cheap Lancaster Three Bedroom Apartment rental is at Edgewood Place and starts from $1,469.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.