Cheap Apartments for Rent in Lancaster, KY from $600 (25 Rentals)

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

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Lancaster, KY Local Guide

Cheapest Available Lancaster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lancaster, KY is a 1 Bed unit found at Morrow Rentals priced from $650. Meadow Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morrow RentalsOne Bed1BR,1BA$650
Meadow Pointe ApartmentsMeadow Pointe 1 BR1BR,1BA$699
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$712
The Racquet Club ApartmentsSport1BR,1BA$831
Vines at Saddlebrook2 x 12BR,1BA$855

Best Value Apartments for Rent in Lancaster, KY and Nearby

As of March 26, 2025 the best value apartment in the Lancaster area is the $1.16 price per square foot Claiborne Model at Park Place Apartments in the in the The Meadows At Brannon Crossing neighborhood starting from $1,675. The second greatest value Lancaster apartment is the 2 Bedroom Townhomes Model at Squire Mill Town Homes starting at $1,250 with a $1.18 price per square foot in the Boone Creek 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.
Park Place ApartmentsClaiborne2BR,2BA$1.16
Squire Mill Town Homes2 Bedroom Townhomes2BR,2BA$1.18
The ResortOne Bedroom1BR,1BA$1.11
Legacy Lake ApartmentsOne Bedroom One Bath1BR,1BA$1.28
Vines at Saddlebrook2 x 12BR,1BA$1.02
Brandywine1 Bed1BR,1BA$1.14
1040 Brandy LnTwo Bed2BR,1BA$1.25
The MetropolitanWoodford1BR,1BA$1.41
Meadow Pointe Apartments1BR Byrd/Office1BR,1BA$1.12
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$1.36

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Best Local Schools in
Lancaster, KY

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Explore Lancaster, KY Rentals by Map

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See the most popular apartments and homes in Lancaster, KY

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Getting Around Lancaster, KY

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

17 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

2 / 100

Minimal Transit

It may be possible to get on a bus

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 $650 at Morrow Rentals.

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 $799 at Meadow Pointe Apartments.

What is the most affordable Lancaster Three Bedroom Apartment?

The best deal on a cheap Lancaster Three Bedroom Apartment rental is at 1040 Brandy Ln and starts from $1,000.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.