Cheap Apartments for Rent in Lancaster, WI from $400 (14 Rentals)

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

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Lancaster, WI Local Guide

Cheapest Available Lancaster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lancaster, WI is a 1 Bed unit found at The Birch Street Apartments priced from $575. College Suites Peosta has the second lowest priced unit, which is a 3 Beds apartment currently listed from $625. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Birch Street Apartments1 Bedroom 1 Bathroom1BR,1BA$575
College Suites Peosta3 Bedroom Apartment NOW Available - Price Per B...3BR,2BA$625
Prairie View Apartments32 Unit - EfficiencyStudio,1BA$705
Main Street Apartments1 Bedroom, 1 Bath1BR,1BA$759
Prestwick Senior LivingOne Bedroom1BR,1BA$799

Best Value Apartments for Rent in Lancaster, WI and Nearby

As of June 11, 2025 the best value apartment in the Lancaster area is the $0.98 price per square foot C1 Model at Landsby Ridge in the starting from $1,541. The second greatest value Lancaster apartment is the 3 Beds, 3 baths Model at Lawler School Lofts starting at $969 with a $0.81 price per square foot . 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.
Landsby RidgeC13BR,1.5BA$0.98
Lawler School Lofts3 Beds, 3 baths3BR,3BA$0.81
LINTON VILLAGE3 Bedroom 1.5 Bathroom3BR,1.5BA$0.85
Newman Heights4-Bedroom4BR,2BA$0.56
Super 20 Mobile Home Park3 Bed 1 Bath3BR,1BA$0.96
Penn Place Apartments2 Bedroom/2 Bath2BR,1.5BA$1.05
Eagle Point Townhomes2 BR Townhome2BR,1BA$1.06
Ruxton Apartments2A2BR,2BA$1.09
Main Street Apartments1 Bedroom, 1 Bath1BR,1BA$0.91
The Birch Street Apartments2 Bedroom 1 Bathroom2BR,1BA$1.08

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Best Local Schools in
Lancaster, WI

School data provided by Great Schools

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

Explore Lancaster, WI Rentals by Map

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See the most popular apartments and homes in Lancaster, WI

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Getting Around Lancaster, WI

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $575 at The Birch Street Apartments.

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 $650 at The Birch Street Apartments.

What is the most affordable Lancaster Three Bedroom Apartment?

The best deal on a cheap Lancaster Three Bedroom Apartment rental is at College Suites Peosta and starts from $625.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.