
Cheap Apartments for Rent in Lebanon, IN from $400 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Lebanon.


Kise Estates Apartments

Shaker Square

Melrose Place
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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Lebanon, IN Local Guide

How much does it cost to rent an apartment in Lebanon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lebanon Studio Apartments | $1,545 | $1,459 | $1,589 |
Lebanon 1 Bedroom Apartments | $1,378 | $850 | $1,829 |
Lebanon 2 Bedroom Apartments | $1,516 | $950 | $1,999 |
Lebanon 3 Bedroom Apartments | $2,053 | $1,625 | $2,800 |
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Lebanon, IN Local Guide
- Lebanon Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lebanon, IN
Pricing Updated: 05/09/2025Current apartment rentals in the Lebanon, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lebanon Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Lebanon Whitestown | $2,800 | $850 | 328 |
Cheapest Available Lebanon Apartments for Rent
 The cheapest available apartment rental in Lebanon, IN is a 2 Beds unit found at Kise Estates Apartments in the Lebanon Whitestown neighborhood priced from $1,095. The Brakeman in the Lebanon Whitestown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Lebanon apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Kise Estates Apartments | Two Bedroom | 2BR,1BA | $1,095 |
The Brakeman | D | 1BR,1BA | $1,095 |
451 Lebanon Apartments | 1B | 1BR,1BA | $1,180 |
Parkview of Lebanon | Thompson | 2BR,1BA | $1,324 |
Hickory Cottages | Alley-Oop | Studio,1BA | $1,359 |
Best Value Apartments for Rent in Lebanon, IN
As of May 10, 2025 the best value apartment in the Lebanon area is the $1.36 price per square foot 3 Bedroom 2.5 Bathroom The Lawrence Model at Honor Meadows Owner LLC in the in the Lebanon Whitestown neighborhood starting from $1,999. The second greatest value Lebanon apartment is the Two Bedroom Model at Kise Estates Apartments starting at $1,095 with a $1.14 price per square foot in the Lebanon Whitestown neighborhood. Here is today’s list of the best values for Lebanon apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Honor Meadows Owner LLC | 3 Bedroom 2.5 Bathroom The Lawrence | 3BR,2.5BA | $1.36 |
Kise Estates Apartments | Two Bedroom | 2BR,1BA | $1.14 |
Parkview of Lebanon | Thompson | 2BR,1BA | $1.40 |
451 Lebanon Apartments | 1B | 1BR,1BA | $1.63 |
The Brakeman | D | 1BR,1BA | $1.92 |
Slate Run Lebanon LLC | Bristol | Studio ,1BA | $2.83 |
Quick Rent Budget Calculator
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Best Local Schools in Lebanon, IN
Lebanon Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lebanon, IN Rentals by Map
See the most popular apartments and homes in Lebanon, IN
Getting Around Lebanon, IN
Walk Score®
30 / 100
Car-Dependent
Most errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,095 at The Brakeman.
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 $1,095 at Kise Estates Apartments.
What is the most affordable Lebanon Three Bedroom Apartment?
The best deal on a cheap Lebanon Three Bedroom Apartment rental is at 451 Lebanon Apartments and starts from $1,625.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
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The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.