
Cheap Homes for Rent in Lancaster, TN from $900 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Lancaster.


315 Bybee Branch Rd

112 S Ridge Dr

1459 Hickory Valley Rd

207 Cumberland Ln

327 Hayes St
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.

978 N Franklin Ave

158 Carr Ave

117a Hankins Dr

218 Eller Dr

159 W Everett St

1010 Country Club Rd
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.

106 Cumberland Ln

532 Chestnut Ave

104 Williams St

2050 Wildwood Rd

115 W Everett St

114 Judah Dr
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.

112 Bellvue Dr
Lancaster, TN Local Guide

How much does it cost to rent a home in Lancaster?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lancaster 2 Bedroom Homes for Rent | $1,126 | $915 | $1,600 |
| Lancaster 3 Bedroom Homes for Rent | $1,764 | $1,099 | $3,000 |
| Lancaster 4 Bedroom Homes for Rent | $2,324 | $1,849 | $2,800 |
Browse Top Homes for Rent in Lancaster
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Lancaster, TN Local Guide
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Cheapest Available Lancaster Apartments for Rent and Nearby
 The cheapest available apartment rental in Lancaster, TN is a Studio unit found at Eagle Village priced from $800. University Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Lancaster apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Village | Studio | Studio,1BA | $800 |
| University Towers | Studios | 1BR,1BA | $800 |
| Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $812 |
| The Vue on Church Street Apartments | 1X1 | 1BR,1BA | $850 |
| Saxony Apartment Homes | 1BR/1BA w/d | 1BR,1BA | $921 |
Best Value Apartments for Rent in Lancaster, TN and Nearby
As of June 11, 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 $1,899 with a $1.10 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Legends Townhomes | 3 Bedrooms, 2.5 Bathrooms | 3BR,2.5BA | $1.08 |
| South Maple Townhomes | 3A | 3BR,2.5BA | $1.10 |
| 255 New Town Rd. | 243 New Town Rd. | 3BR,1.5BA | $1.16 |
| 70 E 18th St | 2 Bedroom | 2BR,1.5BA | $1.10 |
| 1816 Stargazer Dr | 2 Bedroom | 2BR,1.5BA | $1.19 |
| WILLOW PARK APARTMENTS | The Highlands | 3BR,1BA | $1.21 |
| Cypress Creek | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.99 |
| Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $0.95 |
| 22 E 18th St | 2 Bedroom | 2BR,2BA | $1.16 |
| The Vue on Church Street Apartments | 1X1 | 1BR,1BA | $1.14 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lancaster, TN Rentals by Map
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Frequently Asked Questions about Lancaster
What type of rentals are currently available in Lancaster?
There are currently 54 Apartments for Rent in Lancaster, TN with pricing that ranges from $800 to $3,281. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lancaster ranging from $915 to $3,000.
What is the current price range for Rental Homes in Lancaster?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lancaster ranges from $915 to $3,000 with an average monthly rent of $1,738.
How much are larger Three and Four Bedroom Rentals in Lancaster?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lancaster range from $1,143 to $3,281, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,099 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,849 and Four Bedroom Apartments start at $1,775.
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

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.

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.

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.

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.