Cheap Apartments for Rent in Lebanon, KY from $400 (17 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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.

property at 207 Vineyard Rd

207 Vineyard Rd

ElizabethtownKY42701

Lebanon, KY Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, KY is a 2 Beds unit found at Meadow Pointe Apartments priced from $829. Woodside Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadow Pointe ApartmentsNew 2BR Rehabs2BR,1BA$829
Woodside Townhomes2 Beds, 1.5 baths2BR,1BA$850
Tyler Park ApartmentsDuplex1BR,1BA$899
Towne Commons Apartments2 Beds, 2 baths2BR,2BA$975
464 Springfield Rd2-Bedroom2BR,2BA$995

Best Value Apartments for Rent in Lebanon, KY and Nearby

As of May 16, 2025 the best value apartment in the Lebanon area is the $0.98 price per square foot 3x2 Model at Claysville Landing Apartment Suites in the starting from $1,325. The second greatest value Lebanon apartment is the 2 Bed, 2 Bath Model at Sage Springs starting at $1,400 with a $1.13 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.
Claysville Landing Apartment Suites3x23BR,2BA$0.98
Sage Springs2 Bed, 2 Bath2BR,2BA$1.13
Towne Commons Apartments3 Beds, 2 baths3BR,2BA$0.95
Buckingham Apartments12-R2BR,1.5BA$0.98
Parks at Vine2 Bed, Type B2BR,2BA$1.12
Woodlawn Estates2 Beds, 1 Baths2BR,1BA$1.12
Woodside Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.81
Robinbrooke Crossings2bds2BR,2BA$1.00
464 Springfield Rd2-Bedroom2BR,2BA$1.11
Meadow Pointe ApartmentsMeadow Pointe 2 bedrooms2BR,1BA$0.92

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

Explore Lebanon, KY Rentals by Map

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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 $899 at Tyler Park 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 $1,123.

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

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

Written by: Lauren Harrington

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

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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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

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.