Rent in Lancaster, NY
A 2-bedroom in Lancaster, NY (ZIP 14086) typically rents for about $1,241 a month, with a range of $1,082–$1,400. Owner-occupied homes in Erie County pay about 1.98% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,028 | $895–$1,160 | 1 |
| 1 bed | $1,180 | $1,180–$1,203 | 1 |
| 2 beds | $1,241 | $1,082–$1,400 | 1 |
| 3 beds | $1,536 | $1,372–$1,700 | 1 |
| 4 beds | $1,950 | $1,950–$1,977 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Lancaster ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Lancaster, NY?
- About $1,241 a month: the median of the typical rents in 1 ZIP code, which range from $1,082–$1,400. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Lancaster, NY?
- About $1,180 a month: the median of the typical rents in 1 ZIP code, which range from $1,180–$1,203. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Lancaster, NY?
- About $1,536 a month: the median of the typical rents in 1 ZIP code, which range from $1,372–$1,700. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Lancaster, NY?
- About $1,028 a month: the median of the typical rents in 1 ZIP code, which range from $895–$1,160. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Lancaster, NY?
- About $1,950 a month: the median of the typical rents in 1 ZIP code, which range from $1,950–$1,977. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Lancaster, NY?
- Owner-occupied homes in Erie County pay a typical 1.98% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Lancaster rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).