Cheap Apartments for Rent in Lancaster, MN from $500 (35 Rentals)

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

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Lancaster, MN Local Guide

Cheapest Available Lancaster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lancaster, MN is a 1 Bed unit found at Valley Park Apartments in the Downtown Grand Forks neighborhood priced from $606. White House and Blair House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $626. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley Park Apartments1 Bedroom C1BR,1BA$606
White House and Blair HouseBlair House Single Bedroom1BR,1BA$626
Oakwood HomesTownhomes2BR,1BA$713
Block VSTUDIO/1BAStudio,1BA$775
Country Acres Apartment20102BR,1BA$800
Heritage Highlands1 Bed1BR,1BA$819
Heritage Terrace Townhomes2 bedroom2BR,1BA$829
The Gallery Apartments1 Bed 1 Bath | 754 sqft1BR,1BA$883
Wheatland Estates1 Bed, 1 bath1BR,1BA$895
River Falls EstatesUnit 2101BR,1BA$906

Best Value Apartments for Rent in Lancaster, MN and Nearby

As of April 16, 2025 the best value apartment in the Lancaster area is the $0.70 price per square foot 2 Bedroom Townhomes Model at Northwood Park Townhomes in the starting from $1,065. The second greatest value Lancaster apartment is the 3D/2B Model at Campus Place CLO starting at $1,405 with a $1.00 price per square foot in the Downtown Grand Forks 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.
Northwood Park Townhomes2 Bedroom Townhomes2BR,1BA$0.70
Campus Place CLO3D/2B3BR,2BA$1.00
Heritage Highland II Townhomes3 bedroom3BR,1.5BA$0.72
Heritage Terrace Townhomes2 bedroom2BR,1BA$0.66
Southwood Park TownhomesSouthwood 2 bedroom2BR,1.5BA$0.97
The Verge Grand Forks2BR/2BA2BR,2BA$0.79
Block V1BR/1BA1BR,1BA$1.00
Country Acres Apartment19182BR,1BA$1.03
Oakwood HomesApartment1BR,1BA$1.02
Valley Park Apartments1 Bedroom C1BR,1BA$1.09

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Getting Around Lancaster, MN

Walk Score®

15 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 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 $606 at Valley Park 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 $623 at Valley Park Apartments.

What is the most affordable Lancaster Three Bedroom Apartment?

The best deal on a cheap Lancaster Three Bedroom Apartment rental is at Oakwood Homes and starts from $916.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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

Written by: Amber Kanuckel

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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

Written by: Andrea Lee Negroni, JD

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.