Cheap Homes for Rent in Lancaster, TX from $600 (28 Rentals)

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

property at 3130 Parkerville Rd

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

1 Bedroom, 1 Bath Home for Rent

Available Now

3130 Parkerville Rd

LancasterTX75146

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.

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.

property at 7704 Woodspan Dr

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 1 Bath Home for Rent

Available Now

7704 Woodspan Dr

DallasTX75232

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.

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, TX Local Guide

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. Windsong Place in the Meadowview neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Magnolia TraceA11BR,1BA$596
Windsong PlaceA1-50%1BR,1BA$900
Vista Park ApartmentsEfficiency1BR,1BA$908
Eagle Creek Landing Apartments1 Bedroom 1 Bathroom1BR,1BA$949
Waverly Apartments1st Mo. Rent FREE Move in Special! (OAC)1BR,1BA$950
Rolling Hills PlaceAvalon1BR,1BA$1,025
Casa Hills at Wolf Creek1/11BR,1BA$1,049
EMLI at Liberty Crossing ApartmentsA11BR,1BA$1,077
Wooded CreekA11BR,1BA$1,115
The Park at Wintergreen ApartmentsThe Carousel1BR,1BA$1,141

Best Value Apartments for Rent in Lancaster, TX

As of July 03, 2026 the best value apartment in the Lancaster area is the $1.47 price per square foot C1 Model at EMLI at Liberty Crossing Apartments in the in the Outer Mesquite neighborhood starting from $1,794. The second greatest value Lancaster apartment is the Two Bedroom Townhome Model at Highland Hills starting at $1,206 with a $1.08 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 ListingModel NameBed/BathPrice Per Sq.Ft.
EMLI at Liberty Crossing ApartmentsC13BR,2BA$1.47
Highland HillsTwo Bedroom Townhome2BR,2BA$1.08
Beckley TownhomesTwo Bedroom Townhome2BR,2BA$1.41
Creekwood PlaceTwo Bed Two Bath 1054 Sqft2BR,2BA$1.14
Magnolia TraceB22BR,2BA$1.31
Ridge At LancasterA21BR,1BA$1.50
Waverly Apartments1st Mo. Rent FREE Move in Special! (OAC)1BR,1BA$1.27
Rolling Hills PlaceAvalon1BR,1BA$1.46
Casa Hills at Wolf Creek1/11BR,1BA$1.61
Windsong PlaceA11BR,1BA$1.64

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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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark

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

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Frequently Asked Questions about Lancaster

What type of rentals are currently available in Lancaster?

There are currently 66 Apartments for Rent in Lancaster, TX with pricing that ranges from $920 to $12,664. There are also 176 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lancaster ranging from $600 to $3,500.

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 $600 to $3,500 with an average monthly rent of $2,006.

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 $1,366 to $2,199, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,740. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,993.

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

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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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.