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

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 218 Clyburn St

218 Clyburn St

LancasterSC29720

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.

Lancaster, SC Local Guide

Cheapest Neighborhoods for Apartments in Lancaster, SC

Pricing Updated: 09/11/2025

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$1,1682

Cheapest Available Lancaster Apartments for Rent and Nearby

 

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. Exchange at Rock Hill in the Heathwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,240. 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
Exchange at Rock Hill1S Allocated1BR,1BA$1,240
Cowan FarmsThe Clifton1BR,1BA$1,245

Best Value Apartments for Rent in Lancaster, SC and Nearby

As of September 11, 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 B-1 Model at The Court at Redstone starting at $1,874 with a $1.56 price per square foot in the South Charlotte 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 Court at RedstoneB-12BR,2BA$1.56
Galleria Pointe Apartments and TownhomesThe Wylie Townhouse EIK2BR,2.5BA$1.39
East Gate Villas2BR 1.5BA Garden2BR,1.5BA$1.33
Riverstone ApartmentsB1 2 BED 2 BATH PATIO2BR,2BA$1.50
The Alexander Apartment HomesTwo Bedroom Two Bathroom2BR,2BA$1.35
Sycamore Run2 Beds, 2 baths2BR,2BA$1.28
Gable Oaks Apartment HomesTwo Bedroom 2 Bath2BR,2BA$1.54
Waxhaw Mills ApartmentsA1 Mill on Price - One Bedroom, One Bathroom1BR,1BA$1.55
Cushendall CommonsThe Glens1BR,1BA$1.63

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lancaster, SC

Ranked #122

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Lancaster, SC Rentals by Map

View Map
Lancaster, SC Apartments Map
View Map
Lancaster, SC Rental Homes Map

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

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

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 $1,324.

What is the price of a cheap apartment in Lancaster?

The cheapest apartment in Lancaster is Exchange at Rock Hill which is listed at $1,240, 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 $1,258 which is $91 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.

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.