Cheap Apartments for Rent in Lebanon, KY from $400 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Lebanon.

Lebanon, KY Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, KY is a 1 Bed unit found at Meadow Pointe Apartments priced from $729. Towne Commons Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $773. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadow Pointe ApartmentsMeadow Pointe 1 BR1BR,1BA$729
Towne Commons Apartments1 Bed, 1 bath1BR,1BA$773
Woodside Townhomes2 Beds, 1.5 baths2BR,1BA$850
Autovilla TownhomesAutovilla - 2/1.5 TH - $995 (Remodeled)2BR,1BA$995
BlackBranch Apartments2 Bedroom2BR,2BA$999

Best Value Apartments for Rent in Lebanon, KY and Nearby

As of April 14, 2025 the best value apartment in the Lebanon area is the $1.20 price per square foot Chickasaw with 1 Car Garage Model at Buffalo Ridge Townhomes in the starting from $2,099. The second greatest value Lebanon apartment is the 2 Bed, 2 Bath Model at Sage Springs starting at $1,450 with a $1.17 price per square foot . 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.
Buffalo Ridge TownhomesChickasaw with 1 Car Garage3BR,2.5BA$1.20
Sage Springs2 Bed, 2 Bath2BR,2BA$1.17
Tanyard Park2 Bedroom | 2 Bath2BR,2BA$1.07
Brookefield2 Bedroom2BR,2.5BA$1.18
BlackBranch Apartments2 Bedroom2BR,2BA$0.87
The GantryTwo Bedroom, Two Bathroom II2BR,2BA$1.16
Parks at Vine2 Bed, Type B2BR,2BA$1.12
Woodside Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.81
Towne Commons Apartments1 Bed, 1 bath1BR,1BA$0.91
Meadow Pointe ApartmentsMeadow Pointe 1 BR1BR,1BA$1.08

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lebanon, KY Rentals by Map

View MapLebanon, KY Apartments MapView MapLebanon, KY Rental Homes Map

Getting Around Lebanon, KY

Walk Score®

30 / 100

Car-Dependent

Most 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 $729 at Meadow Pointe Apartments.

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 $829 at Meadow Pointe Apartments.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Towne Commons Apartments and starts from $1,061.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.