Cheap Apartments for Rent near Lancaster, TN from $800 (38 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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University Towers
1 Bedroom Apartments

University Towers

1218 Byrne AveCookeville, TN 38501
  • Utilities Included
property at 1319 Autumn Ave

$800 - $1,500

1 To 3 Bedroom Rentals

Available Now

1319 Autumn Ave

CookevilleTN38501

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Alluvian Terrace
3 to 4 Bedroom Apartments

Alluvian Terrace

255 Quinland Lake RdCookeville, TN 38506
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22 E 18th St
2 to 3 Bedroom Apartments

22 E 18th St

22 E 18th StCookeville, TN 38501
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230 Denton Ave
2 Bedroom Apartments

230 Denton Ave

230 Denton AveCookeville, TN 38501
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508 E Broad St
1 Bedroom Apartments

508 E Broad St

508 E Broad StCookeville, TN 38501

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Rollingwood Apartments
2 to 3 Bedroom Apartments

Rollingwood Apartments

100 Rollingwood DrLebanon, TN 37087
  • Utilities Included
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1816 Stargazer Dr
2 Bedroom Apartments

1816 Stargazer Dr

1816 Stargazer DrCookeville, TN 38501

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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1839 Stargazer Dr
2 Bedroom Apartments

1839 Stargazer Dr

1839 Stargazer DrCookeville, TN 38501
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Showing Results 1-38, Page 1 of 1

Lancaster, TN Local Guide

Cheapest Available Lancaster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lancaster, TN is a 1 Bed unit found at Cypress Creek priced from $773. Eagle Village has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cypress Creek1 Bedroom 1 Bathroom1BR,1BA$773
Eagle VillageStudioStudio,1BA$800
Saxony Apartment Homes1BR/1BA w/d1BR,1BA$921
1994 Bouton BendEagles Bend 2/12BR,1BA$995
The Vue at Church Street2X12BR,1BA$1,050
Crosswinds Condominiums1 BR 1 BA Flat1BR,1BA$1,095
70 E 18th St2 Bedroom2BR,1BA$1,111
The Highlands3B-RAD-50%3BR,2BA$1,182
Greentree Pointe2 Bedroom Ranch2BR,2BA$1,183
Summerfield ApartmentsStudioStudio,1BA$1,215

Best Value Apartments for Rent in Lancaster, TN and Nearby

As of August 05, 2026 the best value apartment in the Lancaster area is the $1.08 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Legends Townhomes in the in the Colonial Village neighborhood starting from $1,999. The second greatest value Lancaster apartment is the 3A Model at South Maple Townhomes starting at $2,100 with a $1.22 price per square foot in the Colonial Village 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.
Legends Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.08
South Maple Townhomes3A3BR,2.5BA$1.22
Cedar City TownhomesUnit 213BR,2.5BA$1.14
22 E 18th St3 Bedroom3BR,2BA$1.01
255 New Town Rd.243 New Town Rd.3BR,1.5BA$1.16
Caney Commons125 Caney Commons, Unit 22BR,2.5BA$1.18
70 E 18th St2 Bedroom2BR,1.5BA$1.10
1840 Summerhaven Ave2 Bedroom2BR,1.5BA$1.19
The Vue at Church Street2X12BR,1BA$1.09
Cypress Creek1 Bedroom 1 Bathroom1BR,1BA$1.09

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

Explore Lancaster, TN Rentals by Map

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See the most popular apartments and homes in Lancaster, TN

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Frequently Asked Questions about Cheap Lancaster Apartments

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

The lowest price for a Cheap One Bedroom Lancaster Apartment is $921 at Saxony Apartment Homes.

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 $925 at Cypress Creek.

What is the most affordable Lancaster Three Bedroom Apartment?

The best deal on a cheap Lancaster Three Bedroom Apartment rental is at Cypress Creek and starts from $1,066.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.