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Featured Lancaster, TX Apartment:

ROLLING HILLS PLACE APARTMENTS
LANCASTER, TX
Greystar Management
500 Rolling Hills PlLancaster,
TX 75146
Price Range: $530.00 - $904.00 | Floor Plan Size: 702 Sq Ft - 1199 Sq Ft
Fitness Rooms, Business Center, Playgrounds, Walk-In Closets, Mini Blinds, BBQs, Patio Balcony, Volleyball Court, BasketBall Court, High-Speed Internet, 24-Hour Fitness Center, Water Volleyball, Clubhouse, Ceiling Fans...
Lancaster, TX Apartments for Rent
Portofino Apartments Lancaster, TXNational Housing Corporation
1400 N Bluegrove RdLancaster,
TX 75134
Rent: $509.00 - $715.00
1,193 Sq Ft 2/2 for $715
900 Sq Ft 1/1 for $532
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River Bend Apartments Lancaster, TXNational Housing Corporation
1000 River Bend DrLancaster,
TX 75146
Rent: $510.00 - $755.00
1,085 Sq Ft 2/2 Studio for $755
1,045 Sq Ft 2/2 for $710
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Lancaster is known for the beautiful trees throughout the city, giving it the nickname, The City of Trees. The many trees are part of Lancaster's commitment to preserving the natural beauty of Texas. In 2007, the National Arbor Day Foundation recognized Lancaster as one of the Tree City USA recipients for their dedication.
The University of North Texas at Dallas calls Lancaster home, giving its residents the first public university within the Dallas city limits. The university is rapidly growing, and just five years after its creation in 2000, new buildings were under construction. The influx of students not only brings new people into the city, but is also a boon to the economy.
Lancaster is bordered by three major interstates, IH-20, IH-35, and IH 45. These interstates ensure that Lancaster residents are never too far from anywhere, and also make Lancaster an ideal spot for corporations because of the easy commute. The Lancaster Regional Airport supports recreational and private aviation. Nearby towns include Cedar Hill, DeSoto, Duncanville, Red Oak, and Waxahachie.
Boasting a population of just over 35,000, Lancaster offers a small town feel without being too far from the Dallas/Fort Worth Metroplex. The city is a popular destination for young couples, with the average resident's age in the lower 30s. Lancaster properties rented for an average of $850 in 2009, making apartment living very affordable.
Lancaster is bursting with history, most notably when Clyde Barrow, one half of the Bonnie & Clyde crime team, robbed what was then the RP Henry & Sons Bank and heisted more than $4,000. The city's train depot, built in 1888, still stands as a historic reference. The city was also hit by F4 tornado in 1994 that nearly destroyed the White & Company Bank, a local landmark. Lancaster citizens worked together so it could be reopened in 1998.
Along with the low average rent rate, Lancaster has more than 4,000 rentable units, accounting for almost 40% of all housing units in the city. This high competition is a likely explanation for the reasonable monthly rates, making Lancaster very renter friendly.
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| | 1 Bedroom | 2 Bedroom | 3 Bedroom | 4 Bedroom |
|---|
| # Communities Offering: | 8 | 10 | 6 | 1 |
| Square Footage |
| Low: | 618 | 850 | 1,041 | 1,300 |
| High: | 900 | 1,193 | 1,204 | 1,300 |
| Avg: | 708 | 968 | 1,108 | 1,300 |
| Market Rent |
| Low: | $311 | $363 | $599 | $935 |
| High: | $690 | $810 | $995 | $935 |
| Avg: | $534 | $674 | $850 | $935 |
| Effective Rent |
| Low: | $311 | $363 | $557 | $935 |
| High: | $690 | $810 | $995 | $935 |
| Avg: | $513 | $649 | $813 | $935 |
| Effective Rent per Sq.Ft. |
| Low: | $0.50 | $0.43 | $0.58 | $0.72 |
| High: | $0.77 | $0.68 | $0.83 | $0.72 |
| Avg: | $0.75 | $0.70 | $0.77 | $0.72 |
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