
Cheap Apartments for Rent in Lebanon, IN from $400 (19 Rentals)
Cheap Apartments in Lebanon.


Kise Estates Apartments

Melrose Place
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Lebanon, IN Local Guide

How much does it cost to rent an apartment in Lebanon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Lebanon Studio Apartments | $1,532 | $1,459 | $1,589 |
Cheap Lebanon 1 Bedroom Apartments | $1,391 | $860 | $1,829 |
Cheap Lebanon 2 Bedroom Apartments | $1,543 | $950 | $1,999 |
Cheap Lebanon 3 Bedroom Apartments | $2,044 | $1,625 | $2,479 |
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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: 05/02/2025Current 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 | $2,199 | $860 | 359 |
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 $1,149. 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 | $1,149 |
451 Lebanon Apartments | 1B | 1BR,1BA | $1,180 |
Hickory Cottages | Alley-Oop | Studio,1BA | $1,359 |
Parkview of Lebanon | The Birchwood (Renovated) | 2BR,2BA | $1,499 |
Best Value Apartments for Rent in Lebanon, IN
As of May 02, 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 | The Thompson (Renovated) | 2BR,1BA | $1.48 |
451 Lebanon Apartments | 1B | 1BR,1BA | $1.63 |
Hickory Cottages | Assist | 1BR,1BA | $2.16 |
The Brakeman | D | 1BR,1BA | $2.02 |
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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
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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
What is the Cheapest Studio apartment in Lebanon?
Currently the most affordable Cheap Studio Apartment in Lebanon is at Hickory Cottages listed at $1,359.
How much is rent for a Cheap One Bedroom Lebanon Apartment?
The lowest price for a Cheap One Bedroom Lebanon Apartment is $1,149 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.

Navigating the Rental Market: Tips for First-Time Renters
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
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.