Lancaster, TX Rental Market Trends
Highlights
The average rent for an apartment in Lancaster is $886, a 6% increase compared to the previous year, when the average rent was $836.
Average Rent in Lancaster, TX
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $886 | 6% | 917 sq. ft. |
The average size for a Lancaster, TX apartment is 917 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lancaster, TX Apartment Rent Ranges
- $501-$70010%
- $701-$1,00069%
- $1,001-$1,50021%
Lancaster, TX Occupied Housing Units
- Renter-occupied Households26%
- Owner-occupied Households73%
3,451 or 26% of the households in Lancaster, TX are renter-occupied while 9,441 or 73% are owner-occupied.
Lancaster, TX Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Lancaster, TX | $793 | $788 | $794 | $791 | $821 | $836 | $836 | $849 | $874 | $886 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does Lancaster Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Dallas | $1,235 | 4% |
| Irving | $1,168 | 3% |
| Grand Prairie | $1,102 | 2% |
| Garland | $1,066 | 4% |
| Mesquite | $986 | 3% |
| DeSoto | $1,116 | 7% |
| Richardson | $1,382 | 6% |
| Rowlett | $1,327 | -4% |
| Lancaster | $886 | 6% |
| Farmers Branch | $1,352 | 7% |
| Coppel | $1,318 | 5% |
For more information about the Lancaster rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- 747 Catalina Drive Lancaster, TX 75146
- 730 Rutgers Drive
- 718 Bordner Dr Lancaster, TX 75146
- 3124 Crimson Clover Dr
- 607 Lentisco Dr Lancaster, TX 75146
- 615 Hilton Dr Lancaster, TX 75146
- 1341 Oakbluff Dr
- 2206 Midbury Dr
- 121 Rolling Hills Place
- 1910 Parkside Lane
- 1034 April Showers Ln Lancaster, TX 75134
- 619 Canvas Ct Lancaster, TX 75146
- 1232 Candler Dr
- 1009 Blackberry Trail
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lancaster apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.