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Rental Market Trends in Lancaster, OH

Updated September 2026

The average rent in Lancaster, OH is $1,119/month.

Rent in Lancaster is 33% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,119/month

Average Rent

659 Sq Ft

Average Size

+4.6%

Change / Year

159

Available Apartments

Lancaster rent varies by unit size and layout:

  • Studio apartments in Lancaster average $1,078 per month.
  • One-bedroom apartments in Lancaster average $1,119 per month.
  • Two-bedroom apartments in Lancaster average $1,328 per month.
  • Three-bedroom apartments in Lancaster average $1,903 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,078/month
404 Sq Ft
One Bedroom
$1,119/month
659 Sq Ft
Two Bedroom
$1,328/month
993 Sq Ft
Three Bedroom
$1,903/month
1,388 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,980/month
1,605 Sq Ft
View Lancaster Apartments

How much has average rent changed in Lancaster, OH?

In the past year, rent has increased by 4.6%, which averages out to $51 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lancaster, OH

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Lancaster, OH
Percentage*
Rent Range
4% Below $700/month
27% $700 - $1,000/month
50% $1,001 - $1,500/month
15% $1,501 - $2,000/month
4% Above $2,000/month

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

Because the average rent in Lancaster is $1,119, you’ll want to make about $3,730 per month or $44,760 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, OH

159 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Lancaster, OH 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.

View the Lancaster Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Baltimore

    Baltimore

    Avg Rent: $723/month

  • Canal Winchester

    Canal Winchester

    Avg Rent: $1,211/month

Apartment Communities in Lancaster We Think You'll Love

Courtship Village Townhomes

Courtship Village Townhomes

1503 D Monmouth St,
Lancaster, OH 43130

1-2 Beds | $1,199 - $1,399

Fairfield Park

Fairfield Park

1508 Greyfield St,
Lancaster, OH 43130

1-3 Beds | $1,260 - $1,869

Victory Commons

Victory Commons

1405 Conquest St,
Lancaster, OH 43130

1-3 Beds | $1,260 - $1,869

Lodge at River Village

Lodge at River Village

1366 Sheridan Dr,
Lancaster, OH 43130

1-2 Beds | $1,100 - $1,325

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Frequently Asked Questions

What is the average rent in Lancaster?

The average rent in Lancaster is $1,119 per month, which is 32.8% lower than the national average of $1,665.

What is the average rent for a house in Lancaster?

The average rent for a house in Lancaster, OH is $1,980 per month.

Are rents going up or down in Lancaster?

Rents in Lancaster, OH are increasing, with prices up 4.6% year-over-year and $51 more per month.

What rent range is most common in Lancaster?

In Lancaster, OH, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Ohio 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 September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity