3130 Parkerville Rd
LancasterTX75146
Cheap Homes for Rent in Lancaster, TX from $1,000 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Lancaster.
118 S Stewart Ave
LancasterTX75146
103 Historic Town Square, Unit 210
103 Historic Town Square
LancasterTX75146
885 East Ovilla Road
Red OakTX75154
1717 Dynasty Dr
Glenn HeightsTX75154
1320 Cleardale Dr
DallasTX75232
258 Rolling Hills Pl
LancasterTX75146
The Real Cost of Living in Dallas: Straight Talk From Your Local Expert
Planning a move to Dallas? Get the inside track on the true cost of living, from housing and electricity to commuting, from a 30-year local expert.
514 E Belt Line Rd
DesotoTX75115
3117 Nandina Dr
DallasTX75241
7326 Harold Walker Dr
DallasTX75241
7207 Arborcrest Dr
DallasTX75232
3420 Pacesetter Dr
DallasTX75241
7826 Overridge Dr
DallasTX75232
6414 Cinnamon Oaks Dr
DallasTX75241
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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Lancaster, TX 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 | $9,355 | $1,150 | $10,000+ |
| Lancaster 3 Bedroom Homes for Rent | $2,047 | $1,500 | $3,050 |
| Lancaster 4 Bedroom Homes for Rent | $2,313 | $1,600 | $3,500 |
| Lancaster 5 Bedroom Homes for Rent | $2,738 | $1,950 | $3,345 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 |
Best Value Apartments for Rent in Lancaster, TX
As of August 17, 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 |
| Highland Hills | Three Bedroom Apartment | 3BR,2BA | $1.26 |
| Creekwood Place | Three Bed Two Bath 1204 Sqft | 3BR,2BA | $1.40 |
| Magnolia Trace | B2 | 2BR,2BA | $1.31 |
| The Park at Wintergreen Apartments | The Pathway | 2BR,2BA | $1.46 |
| 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 |
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 Article
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
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.
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Best Local Schools in Lancaster, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Lancaster, TX
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 $889 to $16,624. There are also 167 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lancaster ranging from $1,025 to $54,900.
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 $1,025 to $54,900 with an average monthly rent of $2,536.
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 $1,399 to $2,615, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,050. Four Bedroom Single-Family rentals are also available starting from $1,600 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
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.
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.
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.