Cheap Homes for Rent in Lebanon, IN from $700 (5 Rentals)

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Lebanon, IN Local Guide

Cheapest Neighborhoods for Apartments in Lebanon, IN

Pricing Updated: 05/13/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Lebanon Whitestown$2,800$850729

Cheapest Available Lebanon Apartments for Rent and Nearby

 

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 ListingModel NameBed/BathPriced From
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1,095
The BrakemanA1BR,1BA$1,095
451 Lebanon Apartments1B1BR,1BA$1,180

Best Value Apartments for Rent in Lebanon, IN and Nearby

As of May 14, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Honor Meadows Owner LLC3 Bedroom 2.5 Bathroom The Lawrence3BR,2.5BA$1.36
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.14
Parkview of LebanonThompson2BR,1BA$1.40
451 Lebanon Apartments1B1BR,1BA$1.63
Hickory CottagesAssist1BR,1BA$2.16
The BrakemanA1BR,1BA$1.86

Quick Rent Budget Calculator

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Frequently Asked Questions about Lebanon

What type of rentals are currently available in Lebanon?

There are currently 54 Apartments for Rent in Lebanon, IN with pricing that ranges from $850 to $2,850. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $700 to $5,500.

What is the current price range for Rental Homes in Lebanon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lebanon ranges from $700 to $5,500 with an average monthly rent of $2,564.

How much are larger Three and Four Bedroom Rentals in Lebanon?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lebanon range from $1,625 to $2,469, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,550. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $2,445.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

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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.

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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.