Cheap Apartments for Rent in Lancaster, SC from $500 (6 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.

property at 2143 Culp Cir

2143 Culp Cir

Rock HillSC29730

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.

Lancaster, SC Local Guide

Cheapest Neighborhoods for Apartments in Lancaster, SC

Pricing Updated: 10/28/2025

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$9953

Cheapest Available Lancaster Apartments for Rent

 

The cheapest available apartment rental in Lancaster, SC is a Studio unit found at Gable Oaks Apartment Homes in the Stonewood neighborhood priced from $1,035. Sycamore Run in the Shelly Woods neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,168. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gable Oaks Apartment HomesStudioStudio,1BA$1,035
Sycamore Run2 Beds, 2 baths2BR,2BA$1,168
Cowan FarmsThe Clifton1BR,1BA$1,245

Best Value Apartments for Rent in Lancaster, SC

As of October 28, 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
Galleria Pointe Apartments and TownhomesThe Cherry Garden2BR,2BA$1.51
Bradford ParkBelmont2BR,2BA$1.41
Country Club Apartments3x1.5 Upgraded- Call For Availability3BR,1.5BA$1.64
East Gate Villas2BR 1.5BA Garden apt2BR,1.5BA$1.34
Riverstone ApartmentsB1 2 BED 2 BATH PATIO2BR,2BA$1.50
Sycamore Run2 Beds, 2 baths2BR,2BA$1.28
Waxhaw Mills ApartmentsA1 Mill on Price - One Bedroom, One Bathroom1BR,1BA$1.59
Cushendall CommonsThe Glens1BR,1BA$1.61

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 #96

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 $1,331.

What is the price of a cheap apartment in Lancaster?

The cheapest apartment in Lancaster is Cowan Farms which is listed at $1,245, 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

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.