Cheap Apartments for Rent in Lancaster, SC from $500 (18 Rentals)

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

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.

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.

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.

Lancaster, SC Local Guide

Cheapest Neighborhoods for Apartments in Lancaster, SC

Pricing Updated: 12/12/2025

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$1,349$7506

Cheapest Available Lancaster Apartments for Rent

 

The cheapest available apartment rental in Lancaster, SC is a 2 Beds unit found at Sycamore Run in the Shelly Woods neighborhood priced from $1,168. Gable Oaks Apartment Homes in the Stonewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,170. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sycamore Run2 Beds, 2 baths2BR,2BA$1,168
Gable Oaks Apartment HomesOne Bedroom1BR,1BA$1,170
Cowan FarmsThe Clifton1BR,1BA$1,245
The Alexander Apartment HomesTwo Bedroom Two Bathroom2BR,2BA$1,279
Riverwalk ApartmentsA1 1 Bedroom Mini - 1 Bedroom, 1 Bathroom1BR,1BA$1,279

Best Value Apartments for Rent in Lancaster, SC

As of December 12, 2025 the best value apartment in the Lancaster area is the $1.55 price per square foot 3 Bedroom Gold Model at Elements at Rock Hill in the in the Stonewood neighborhood starting from $1,900. The second greatest value Lancaster apartment is the Three Bedroom Two Bathroom Model at The Alexander Apartment Homes starting at $1,629 with a $1.36 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 Gold3BR,2BA$1.55
The Alexander Apartment HomesThree Bedroom Two Bathroom3BR,2BA$1.36
Riverstone ApartmentsC1 3 BED 2 BATH PATIO3BR,2BA$1.47
Galleria Pointe Apartments and TownhomesThe Wylie Townhouse EIK2BR,2.5BA$1.43
Cowan FarmsThe Davenport3BR,2BA$1.67
Country Club Apartments3x1.5 Upgraded- Call For Availability3BR,1.5BA$1.60
East Gate Villas2BR 1.5BA Garden apt2BR,1.5BA$1.34
Sycamore Run2 Beds, 2 baths2BR,2BA$1.28
Cushendall CommonsThe Glens1BR,1BA$1.61
Gateway at Rock HillColumbus1BR,1BA$1.65

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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Lancaster, SC

Ranked #107

Among cities in South Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Lancaster, SC Rentals by Map

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Getting Around Lancaster, SC

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Lancaster, SC Area Reviews

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Patty4+ 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 a cheap apartment in Lancaster?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lancaster is under $1,312.

What is the price of a cheap apartment in Lancaster?

The cheapest apartment in Lancaster is Gable Oaks Apartment Homes which is listed at $1,170, while the average apartment in Lancaster costs $1,349.

What types of apartments are the cheapest in Lancaster?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Lancaster that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lancaster?

Cheap apartments in Lancaster have an average cost of $966 which is $383 cheaper than the average rent for all rentals in Lancaster.

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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.