
Cheap Apartments for Rent in Lancaster, TX from $500 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Lancaster.


Creekwood Place

258 Rolling Hills Pl

Villas of Lancaster

Westridge Apartments

Meadows

Portofino Apartments

Bel Air Place

3130 Parkerville Rd

118 S Stewart Ave
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103 Historic Town Square, Unit 210

Rosemont of Lancaster

Room in House on Serena Dr

Eagle Creek Landing Apartments

Waverly Apartments

Casa Hills at Wolf Creek

The Park at Wintergreen Apartments

EMLI at Liberty Crossing Apartments

Highland Hills

Wheatland Terrace
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Red Oak Town Village Apartments

Autumn Breeze

Ridge At Lancaster

Market Place at Liberty Crossing

The Ovilla

885 East Ovilla Road

Bellwether Ridge

1717 Dynasty Dr

1320 Cleardale Dr

Total Monthly Price
Emerson at Red Oak
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Magnolia Trace

Wilmer Country Isle

The 510 Apartments

Paloma

The Crossing

Wheatland Gardens

Windsong Place

Cedar Green Living Center

Red Oak Apartments

Wooded Creek
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La Hacienda

Canyon Oaks Apartment Homes

La Finca Apartments

The Abigail Apartments

Desoto Ranch

The Arbors on Wintergreen Senior Apartments

The Meadows

514 E Belt Line Rd

Beckley Townhomes

3117 Nandina Dr
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Lancaster, TX Local Guide

How much does it cost to rent an apartment in Lancaster?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lancaster 1 Bedroom Apartments | $1,391 | $889 | $2,044 |
| Cheap Lancaster 2 Bedroom Apartments | $1,623 | $1,100 | $2,431 |
| Cheap Lancaster 3 Bedroom Apartments | $1,736 | $1,399 | $2,615 |
| Cheap Lancaster 4 Bedroom Apartments | $4,738 | $1,993 | $9,727 |
Browse Top Apartments in Lancaster
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Lancaster, TX Local Guide
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Cheapest Available Lancaster Apartments for Rent
 The cheapest available apartment rental in Lancaster, TX is a 1 Bed unit found at Magnolia Trace in the Highland Hills neighborhood priced from $596. Vista Park Apartments in the Meadowview neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $889. Here is today’s list of the most affordable Lancaster apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Magnolia Trace | A1 | 1BR,1BA | $596 |
| Vista Park Apartments | Efficiency | 1BR,1BA | $889 |
| Windsong Place | A1-50% | 1BR,1BA | $900 |
| Eagle Creek Landing Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $949 |
| Waverly Apartments | 1st Mo. Rent FREE Move in Special! (OAC) | 1BR,1BA | $950 |
| Wooded Creek | A1 | 1BR,1BA | $999 |
| Rolling Hills Place | Avalon | 1BR,1BA | $1,025 |
| Casa Hills at Wolf Creek | 1/1 | 1BR,1BA | $1,049 |
| EMLI at Liberty Crossing Apartments | A1 | 1BR,1BA | $1,077 |
| Highland Hills | One Bedroom Apartment | 1BR,1BA | $1,093 |
Best Value Apartments for Rent in Lancaster, TX
As of August 19, 2026 the best value apartment in the Lancaster area is the $1.47 price per square foot PLAN 3204 Model at The Reserve at Red Oak in the in the Magnolia Farms neighborhood starting from $2,199. The second greatest value Lancaster apartment is the C1 Model at Ridge At Lancaster starting at $1,793 with a $1.40 price per square foot in the Highland Hills 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. |
|---|---|---|---|
| The Reserve at Red Oak | PLAN 3204 | 3BR,2.5BA | $1.47 |
| Ridge At Lancaster | C1 | 3BR,2BA | $1.40 |
| Magnolia Trace | B2 | 2BR,2BA | $1.31 |
| The Park at Wintergreen Apartments | The Pathway | 2BR,2BA | $1.46 |
| Highland Hills | One Bedroom Apartment | 1BR,1BA | $1.40 |
| EMLI at Liberty Crossing Apartments | A1 | 1BR,1BA | $1.42 |
| Waverly Apartments | 1st Mo. Rent FREE Move in Special! (OAC) | 1BR,1BA | $1.27 |
| Rolling Hills Place | Avalon | 1BR,1BA | $1.46 |
| Wooded Creek | A1 | 1BR,1BA | $1.51 |
| Casa Hills at Wolf Creek | 1/1 | 1BR,1BA | $1.61 |
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Read ArticleTop Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
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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.
Best Local Schools in Lancaster, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lancaster, TX Rentals by Map
See the most popular apartments and homes in Lancaster, TX
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 $596 at Magnolia Trace.
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 $1,100 at Windsong Place.
What is the most affordable Lancaster Three Bedroom Apartment?
The best deal on a cheap Lancaster Three Bedroom Apartment rental is at Casa Hills at Wolf Creek and starts from $1,399.
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

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.

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.