
Cheap Homes for Rent in Lebanon, KY from $300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lebanon.


261 Scott Ln

470 Rainbow Ct
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.

463 Rainbow Ct

110 Langford Dr

744 Ellerson Dr
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.

745 Perryville St

450 W Office St

133 Caldwell Ave
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, KY Local Guide

How much does it cost to rent a home in Lebanon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lebanon 2 Bedroom Homes for Rent | $986 | $675 | $2,100 |
Lebanon 3 Bedroom Homes for Rent | $1,337 | $1,079 | $1,850 |
Lebanon 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Lebanon
Explore Lebanon
Lebanon, KY Local Guide
- Nearby Cities
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Cheapest Available Lebanon Apartments for Rent and Nearby
 The cheapest available apartment rental in Lebanon, KY is a 1 Bed unit found at Towne Commons Apartments priced from $819. Meadow Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $829. Here is today’s list of the most affordable Lebanon apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Towne Commons Apartments | 1 Bed, 1 bath | 1BR,1BA | $819 |
Meadow Pointe Apartments | New 2BR Rehabs | 2BR,1BA | $829 |
Woodside Townhomes | 2 Beds, 1.5 baths | 2BR,1BA | $850 |
Best Value Apartments for Rent in Lebanon, KY and Nearby
As of May 13, 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 Metro Model at Glenmary Village Apartments starting at $1,334 with a $1.06 price per square foot . 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. |
---|---|---|---|
Claysville Landing Apartment Suites | 3x2 | 3BR,2BA | $0.98 |
Glenmary Village Apartments | Metro | 2BR,2BA | $1.06 |
Buckingham Apartments | 12-R | 2BR,1.5BA | $0.98 |
Parks at Vine | 2 Bed, Type B | 2BR,2BA | $1.12 |
Woodlawn Estates | 2 Beds, 1 Baths | 2BR,1BA | $1.12 |
Woodside Townhomes | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.81 |
Robinbrooke Crossings | 2bds | 2BR,2BA | $1.00 |
464 Springfield Rd | 2-Bedroom | 2BR,2BA | $1.11 |
Meadow Pointe Apartments | Meadow Pointe 2 bedrooms | 2BR,1BA | $0.92 |
Towne Commons Apartments | 1 Bed, 1 bath | 1BR,1BA | $0.96 |
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.
Frequently Asked Questions about Lebanon
What type of rentals are currently available in Lebanon?
There are currently 42 Apartments for Rent in Lebanon, KY with pricing that ranges from $795 to $2,850. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $399 to $2,500.
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 $399 to $2,500 with an average monthly rent of $1,305.
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
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.

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.

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.