
Cheap Apartments for Rent in Lancaster, VA from $300 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Lancaster.


66 Washington St

496 Lancaster Creek Dr

520 Lancaster Creek Dr

103 Kathy Dr

Lafayette Village Family Apartments

Yorktown Square

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The Flats of Williamsburg

Arbors at Williamsburg
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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Burnt Ordinary

Woods of Williamsburg

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2 Rivers Apartment Homes

Arbors at Towne Park

Yorkview Apartments

7 Fox Hill Dr

35 Fox Hill Dr

Parkway Apartments

16 Fox Hill Dr
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.

Grande Oak - A 55+ community!

Stratford at Williamsburg

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Colonial Point Apartments

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Quarterpath Place

District at Williamsburg

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Rolling Meadows Apartments - Tax Credit

The James On Merrimac

Merrimac Crossing Apartment Homes

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Colonial Pines
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.

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Manor on the Green

Spotswood Commons Apartments

Sterling Manor

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Country Club Apartments

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The Pointe At New Town

Towns at Pax River, A Linden Community

The Whitworth

Monticello At Powhatan

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The Regency at Longhill
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.

Attain at Quarterpath

Founders Village

Park Villas

Holly Court

Burnt Ordinary Village

310 Patriot Ln

Potomac Pines- Apartment Living

7746 Colonial Point Ln

Admiral's Landing
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.

627 Della St

The Bend Arbordale
Lancaster, VA Local Guide

How much does it cost to rent an apartment in Lancaster?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lancaster Studio Apartments | $1,025 | $900 | $1,400 |
| Lancaster 1 Bedroom Apartments | $1,762 | $815 | $3,512 |
| Lancaster 2 Bedroom Apartments | $2,037 | $825 | $4,039 |
| Lancaster 3 Bedroom Apartments | $2,309 | $860 | $3,846 |
| Lancaster 4 Bedroom Apartments | $1,179 | $1,175 | $1,220 |
Browse Top Apartments in Lancaster
See all Apartments in LancasterExplore Lancaster
Lancaster, VA Local Guide
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Cheapest Available Lancaster Apartments for Rent and Nearby
 The cheapest available apartment rental in Lancaster, VA is a Studio unit found at The Flats of Williamsburg in the Stonegate neighborhood priced from $900. Lafayette Village Family Apartments in the Regency at Longhill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $938. Here is today’s list of the most affordable Lancaster apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Flats of Williamsburg | Studio I | Studio,1BA | $900 |
| Lafayette Village Family Apartments | Two Bed 1 Bath | 2BR,1BA | $938 |
| Burnt Ordinary | One Bedroom | 1BR,1BA | $1,012 |
| 2 Rivers Apartment Homes | Harborfront | 1BR,1BA | $1,117 |
| Arbors at Towne Park | 1.1.1 TC | 1BR,1BA | $1,160 |
| Current Midtown | 4BR/4BA - D12 | 4BR,4BA | $1,175 |
| Admiral's Landing | 2 Bedroom | 2BR,2BA | $1,300 |
| Grande Oak - A 55+ community! | Two Bedroom | 2BR,1BA | $1,303 |
| Stratford at Williamsburg | Monticello | 2BR,1BA | $1,320 |
| Colonial Point Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1,340 |
Best Value Apartments for Rent in Lancaster, VA and Nearby
As of June 21, 2026 the best value apartment in the Lancaster area is the $1.65 price per square foot Colonnade with Garage Model at Monticello At Powhatan in the in the Regency at Longhill neighborhood starting from $2,639. The second greatest value Lancaster apartment is the Topsail Renovated Model at Towns at Pax River, A Linden Community starting at $1,861 with a $1.44 price per square foot in the Pegg Run 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. |
|---|---|---|---|
| Monticello At Powhatan | Colonnade with Garage | 3BR,2BA | $1.65 |
| Towns at Pax River, A Linden Community | Topsail Renovated | 3BR,2BA | $1.44 |
| Rolling Meadows Apartments - Tax Credit | 2 Bed 2 Bath | 2BR,2BA | $1.37 |
| Grande Oak - A 55+ community! | Two Bedroom | 2BR,1.5BA | $1.37 |
| Admiral's Landing | 2 Bedroom | 2BR,2BA | $1.41 |
| Current Midtown | 2BR/2BA - B2 | 2BR,2BA | $1.57 |
| Colonial Point Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.62 |
| Lafayette Village Family Apartments | Two Bed 1 Bath | 2BR,1BA | $1.21 |
| 2 Rivers Apartment Homes | Harborfront | 1BR,1BA | $1.58 |
| Burnt Ordinary | One Bedroom | 1BR,1BA | $1.58 |
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, VA Rentals by Map
See the most popular apartments and homes in Lancaster, VA
Frequently Asked Questions about Cheap Lancaster Apartments
What is the Cheapest Studio apartment in Lancaster?
Currently the most affordable Cheap Studio Apartment in Lancaster is at The Flats of Williamsburg listed at $900.
How much is rent for a Cheap One Bedroom Lancaster Apartment?
The lowest price for a Cheap One Bedroom Lancaster Apartment is $1,012 at Burnt Ordinary.
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 $938 at Lafayette Village Family Apartments.
What is the most affordable Lancaster Three Bedroom Apartment?
The best deal on a cheap Lancaster Three Bedroom Apartment rental is at Current Midtown and starts from $1,325.
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

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.

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.