Cheap Apartments for Rent in Lancaster, MO from $300 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 206 Weaver Rd

206 Weaver Rd

BloomfieldIA52537
Showing Results 1-18, Page 1 of 1

Lancaster, MO Local Guide

Cheapest Available Lancaster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lancaster, MO is a 4 Beds unit found at Asbury Heights priced from $596. Halls of Brookfield - 55+ Years has the second lowest priced unit, which is a 2 Beds apartment currently listed from $685. Here is today’s list of the most affordable Lancaster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Asbury HeightsFour Bedroom4BR,2BA$596
Halls of Brookfield - 55+ Years2 Bed 1 Bath2BR,1BA$685
East Park Apartments1/2 Story Down2BR,1BA$750
Indianola Park II Apartments1BR Ground1BR,1BA$755
Prairie Village Apartments1BR/1.0BA1BR,1BA$760

Best Value Apartments for Rent in Lancaster, MO and Nearby

As of March 03, 2025 the best value apartment in the Lancaster area is the $0.31 price per square foot Four Bedroom Model at Asbury Heights in the starting from $596. The second greatest value Lancaster apartment is the Three Beds Two Baths Model at Emerson Garden Apartments starting at $1,400 with a $1.08 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.
Asbury HeightsFour Bedroom4BR,2BA$0.31
Emerson Garden ApartmentsThree Beds Two Baths3BR,2BA$1.08
Linden West2 bed 2 bath, with Laundry2BR,2BA$1.14
Lincoln Ridge by KadingSign a 13 Month Lease, Get the 13th Month Free!3BR,1BA$1.14
Osceola HeightsVilla3BR,1BA$0.97
Orchard Lane Apartments2BR/1.0BA2BR,1BA$0.96
Northern Plains by KadingCottage - 22BR,1BA$1.07
Halls of Brookfield - 55+ Years2 Bed 1 Bath2BR,1BA$0.83
Louden LoftsTwo Bedroom2BR,2BA$1.00
Prairie Village Apartments1BR/1.0BA1BR,1BA$1.17

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Lancaster, MO Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lancaster, MO

View MapLancaster, MO Apartments MapView MapLancaster, MO Rental Homes Map

Getting Around Lancaster, MO

Walk Score®

18 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 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 $755 at Indianola Park II 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 $685 at Halls of Brookfield - 55+ Years.

What is the most affordable Lancaster Three Bedroom Apartment?

The best deal on a cheap Lancaster Three Bedroom Apartment rental is at Louden Lofts and starts from $845.

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.