Cheap Apartments for Rent in Lebanon, IL from $500 (14 Rentals)

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526 Cherry St
$6503 Bedroom, 1 Bath Townhome for RentAvailable Now

526 Cherry St

Lebanon, IL 62254
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717 White Oak Dr
$8752 Bedroom, 1 Bath RentalsAvailable Now

717 White Oak Dr

O'Fallon, IL 62269
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Lebanon, IL Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, IL is a 1 Bed unit found at 215 anderson lane A in the Green Mount Manor neighborhood priced from $825. Bouse Apartment Homes in the Metro East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
215 anderson lane A1 BR / 1 BA1BR,1BA$825
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$845
Willow Park ApartmentsMcGuire Upgrade1BR,1BA$880
Green Door ApartmentsLimited Time Only $9001BR,1BA$900
Meadows at Shadow Ridge1BR/1BA1BR,1BA$900

Best Value Apartments for Rent in Lebanon, IL and Nearby

As of February 27, 2025 the best value apartment in the Lebanon area is the $1.26 price per square foot Renovated 2 Bedroom Model at Cantwell Crossing Apartments and Townhomes in the in the Sullivan Manors neighborhood starting from $1,502. The second greatest value Lebanon apartment is the 2BR/1.5BA Model at Reside Here Apartments & Rentals starting at $1,195 with a $1.09 price per square foot in the Willow Walk neighborhood. Here is today’s list of the best values for Lebanon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cantwell Crossing Apartments and TownhomesRenovated 2 Bedroom2BR,2BA$1.26
Reside Here Apartments & Rentals2BR/1.5BA2BR,1.5BA$1.09
Northbrooke CommonsB22BR,2BA$1.35
Green Mount LakesTiedmann2BR,2BA$1.40
215 anderson lane A2 BR / 1 BA2BR,1BA$1.07
Storyboard on RockwoodRockwood B22BR,1.5BA$1.20
Townhomes on Luan Drive2BR2BR,1.5BA$1.40
Brookside ManorOne Bedroom1BR,1BA$1.38
Green Door ApartmentsLimited Time Only $9001BR,1BA$1.29
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$1.36

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Location, Location, Location!

Explore Lebanon, IL Rentals by Map

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Getting Around Lebanon, IL

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lebanon Apartments

How much is rent for a Cheap One Bedroom Lebanon Apartment?

The lowest price for a Cheap One Bedroom Lebanon Apartment is $825 at 215 anderson lane A.

What is the lowest price for a Cheap Two Bedroom Lebanon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lebanon is starting from $925 at 215 anderson lane A.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Signing Your Apartment Lease: The Basics

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