• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Corbin Apartments For Rent
    • Frankfort Apartments For Rent
    • Georgetown Apartments For Rent
    • Lexington Apartments For Rent
    • Morehead Apartments For Rent
    • Mount Sterling Apartments For Rent
    • Nicholasville Apartments For Rent
    • Richmond Apartments For Rent
    • Somerset Apartments For Rent
    • Winchester Apartments For Rent
  • Houses For Rent
    • Berea Houses For Rent
    • Corbin Houses For Rent
    • Danville Houses For Rent
    • Frankfort Houses For Rent
    • Georgetown Houses For Rent
    • Harrodsburg Houses For Rent
    • Lexington Houses For Rent
    • Mount Sterling Houses For Rent
    • Nicholasville Houses For Rent
    • Richmond Houses For Rent
  • Condos For Rent
    • East Lexington Condos For Rent
    • Eastland Parkway Condos For Rent
    • Fayette County Condos For Rent
    • Frankfort Condos For Rent
    • Franklin County Condos For Rent
    • Georgetown Condos For Rent
    • Harrodsburg Condos For Rent
    • Historic South Hill Condos For Rent
    • Lexington Condos For Rent
    • Madison County Condos For Rent
  • Townhomes For Rent
    • Danville Townhomes For Rent
    • Frankfort Townhomes For Rent
    • Georgetown Townhomes For Rent
    • Harrodsburg Townhomes For Rent
    • Lawrenceburg Townhomes For Rent
    • Lexington Townhomes For Rent
    • London Townhomes For Rent
    • Midway Townhomes For Rent
    • Mount Sterling Townhomes For Rent
    • Nicholasville Townhomes For Rent
  • Help Center
  • Rent Calculator

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Lancaster, KY

What is the average rent in Lancaster, KY?

$336/month

Average Rent

0 Sq Ft

Average Apartment Size

+0.9%

Increase in the Last Year

As of May 2025, the average rent in Lancaster, KY is $336 per month. This is 79% lower than the national average rent of $1,625/month, making renting in Lancaster more affordable than most cities in the US. When you rent an apartment in Lancaster, you can expect to pay about per month for a studio, $336 for a one-bedroom apartment, and around $362 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $408 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$336/month
0 Sq Ft
Two Bedroom
$362/month
0 Sq Ft
Three Bedroom
$408/month
0 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Lancaster, KY?

In the past year, rent has increased by 0.9%, which averages out to $3 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lancaster, KY
Last Updated May 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Lancaster, KY
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Lancaster, KY?

Because the average rent in Lancaster is $336, you’ll want to make about $1,120 per month or $13,440 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lancaster, KY

5 Available Apartments for Rent

Search for Nearby Apartments

How does Lancaster, KY compare to other nearby cities and neighborhoods?

Use the tool below to compare Lancaster, KY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Danville Average Rent

Apartment communities in Lancaster we think you'll love

213 Donna Drive

213 Donna Drive

213 Donna Drive,
Lancaster, KY 40444

4 Beds | $3,000

112-118 Lexington Rd

112-118 Lexington Rd

112-118 Lexington Rd,
Lancaster, KY 40444

2 Beds | $895

112-118 Lexington Rd

112-118 Lexington Rd

112-118 Lexington Rd,
Lancaster, KY 40444

1 Bed | $850

112-118 Lexington Rd

112-118 Lexington Rd

112-118 Lexington Rd,
Lancaster, KY 40444

2 Beds | $900

Learn More with Helpful Articles

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

The Benefits of Renters Insurance

Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

Everything You Need To Know About Self-Guided Apartment Tours

Explore great finds on your own time.

Moving Out of State: How to Start Your Apartment Search in a New State

Go the distance and find your new home.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States Kentucky Lancaster Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Long Island Apartments
  • Sitemap
apartments.com
© 2025 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity