Cheap Apartments for Rent in Lancaster, KY

1 rentals

  • 204 Lexington St #1, Lancaster, KY 40444
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    APPLY INSTANTLY
    PET FRIENDLY
    $950/mo
    2 Beds
    1 Bath
    1,100 sqft
    204 Lexington St #1,
    Lancaster, KY 40444

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    Lancaster
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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 increased in Aug 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Aug 2025$1,300
Sep 2025$1,450
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
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Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,000$750$1,500—$950
Apartments and Condos$1,000$750——$950
Houses——$1,500—$1,500
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 $950 per month. This is about 52% lower than the national average.
  • When is the average rent cheapest in Lancaster, KY?
    In the last year, the average rent in Lancaster, KY was lowest in Jul 2025 when it was $950 per month.
  • 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 many available rental listings are in Lancaster, KY?
    There are 3 available rental listings in Lancaster, KY.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en Lancaster, KY - 922 Rentas | Trulia