Cheap Apartments for Rent in Lancaster, MN from $500 (32 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Showing Results 1-32, Page 1 of 1

Lancaster, MN Local Guide

Cheapest Available Lancaster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lancaster, MN is a 2 Beds unit found at Valley Park Apartments in the Downtown Grand Forks neighborhood priced from $600. 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 Apartments2 Bedroom A2BR,1BA$600
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
Wheatland Estates1 Bed, 1 bath1BR,1BA$895
Tamarack Place1 Bedroom1BR,1BA$895
River Falls EstatesUnit 3111BR,1BA$906
First Street Estates1 Bedroom/1 Bathroom1BR,1BA$965

Best Value Apartments for Rent in Lancaster, MN and Nearby

As of May 12, 2025 the best value apartment in the Lancaster area is the $0.97 price per square foot Southwood 2 bedroom Model at Southwood Park Townhomes in the starting from $976. The second greatest value Lancaster apartment is the 2B 2B Model at Northern Pacific starting at $1,145 with a $1.17 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.
Southwood Park TownhomesSouthwood 2 bedroom2BR,1.5BA$0.97
Northern Pacific2B 2B2BR,2BA$1.17
The Verge Grand Forks2BR/2BA2BR,2BA$0.81
Block V1BR/1BA1BR,1BA$1.00
Country Acres Apartment19182BR,1BA$1.03
Oakwood HomesApartment1BR,1BA$1.02
Valley Park Apartments2 Bedroom A2BR,1BA$0.80
River Falls EstatesUnit 2111BR,1BA$1.22
Heritage Highlands1 Bed1BR,1BA$1.17
White House and Blair HouseWhite House Single Bedroom1BR,1BA$1.24

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Location, Location, Location!

Explore Lancaster, MN Rentals by Map

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See the most popular apartments and homes in Lancaster, MN

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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 $626 at White House and Blair House.

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 $600 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.

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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

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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

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

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