Cheap Apartments for Rent in Lancaster, SC from $500 (39 Rentals)

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

property at 218 Clyburn St

$625

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Base Rent
$625
Total Monthly Price
$625

2 Bedroom, 1 Bath Home for Rent

Available Now

218 Clyburn St

LancasterSC29720
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322 Elm St, Unit A
$1,000
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Base Rent
$1,000
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2 Bedroom Apartment Available Now

322 Elm St, Unit A

322 Elm StLancaster, SC 29720
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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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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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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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Lancaster, SC Local Guide

Cheapest Neighborhoods for Apartments in Lancaster, SC

Pricing Updated: 06/13/2026

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$1,047$6255

Cheapest Available Lancaster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lancaster, SC is a 1 Bed unit found at Patriots Crossing in the Stonewood neighborhood priced from $1,101. Edgewood Place in the Spencer Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,248. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Patriots CrossingA11BR,1BA$1,101
Edgewood Place1 bed, 1 bath1BR,1BA$1,248
Gable Oaks Apartment HomesTwo Bedroom 2 Bath2BR,2BA$1,250
Bradford ParkArlington1BR,1BA$1,251
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
The Easley at UCA1 One Bedroom / One Bath1BR,1BA$1,315
The Alexander Apartment HomesTwo Bedroom Two Bathroom2BR,2BA$1,317

Best Value Apartments for Rent in Lancaster, SC and Nearby

As of June 13, 2026 the best value apartment in the Lancaster area is the $1.35 price per square foot Three Bedroom Two Bathroom Model at The Alexander Apartment Homes in the in the Stonewood neighborhood starting from $1,620. The second greatest value Lancaster apartment is the 2 Bedroom Platinum Model at Elements at Rock Hill starting at $1,830 with a $1.53 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.
The Alexander Apartment HomesThree Bedroom Two Bathroom3BR,2BA$1.35
Elements at Rock Hill2 Bedroom Platinum2BR,2BA$1.53
East Gate Villas2BR 1.5BA Townhome2BR,1.5BA$1.24
Galleria Pointe Apartments and TownhomesThe Cherry Garden2BR,2BA$1.30
Edgewood Place2 bed, 2 bath2BR,2BA$1.38
Riverstone ApartmentsB1 2 BED 2 BATH PATIO2BR,2BA$1.50
Sycamore Run Apartments2BR/2.0BA2BR,2BA$1.49
Gable Oaks Apartment HomesTwo Bedroom2BR,1BA$1.46
Patriots CrossingA11BR,1BA$1.47
322 Elm St, Unit A322 Elm St2BR,1BA$1.43

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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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.

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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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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 Court at Redstone listed at $1,338.

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

The lowest price for a Cheap One Bedroom Lancaster Apartment is $1,101 at Patriots Crossing.

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 $1,250 at Gable Oaks Apartment Homes.

What is the most affordable Lancaster Three Bedroom Apartment?

The best deal on a cheap Lancaster Three Bedroom Apartment rental is at Country Club Apartments and starts from $1,550.

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.