Cheap Apartments for Rent in Lancaster, KY

7 rentals

Apartments For Rent Near Lancaster, KY

We found 30 more apartments matching your filters just outside Lancaster

Average Rent Trends in Lancaster, KY

Rent in Lancaster, KY varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Oct 2025$1,500
Nov 2025$1,350
Dec 2025$1,100
Jan 2026$1,050
Feb 2026$1,050
Mar 2026$1,200
Apr 2026$900
Jun 2026$900
Jul 2026$750
Aug 2026$950
Sep 2026$900
Oct 2026$900
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$750$975$3,500—$900
Townhomes—$850——$850
Apartments and Condos$750———$750
Houses—$975$3,500—$1,050
See more information about local market trends in Lancaster, KY

Frequently Asked Questions about Rentals in Lancaster, KY

  • What is the average rent of an apartment in Lancaster, KY?
    The average rent of an apartment in Lancaster, KY is $825 per month. This is about 58% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Lancaster, KY?
    Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $950 per month.
  • How many cheap apartments are available in Lancaster, KY?
    There are 4 apartments to rent that are cheaper than the city’s average rent of $900.
  • When is the average rent most expensive in Lancaster, KY?
    In the last year, the average rent in Lancaster, KY was highest in Jun 2025 when it was $1,700 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Lancaster, KY?
    The average rent of a 1 bedroom apartment in Lancaster, KY is $750 per month. That is about $150 less than the cost of a studio apartment.
  • What are some zip codes in Lancaster, KY?
    Lancaster, KY includes zip codes such as: 40444, 40410.
  • What are some cities near Lancaster, KY?
    Some nearby cities include: Burgin, Paint Lick, Danville, Stanford, Wilmore. These cities may have more rental options to explore.
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