Cheap Homes for Rent in Lebanon, KY from $300 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes 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 $699. 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$699
Towne Commons Apartments1 Bed, 1 bath1BR,1BA$773
Linda's Place (Age 62+ )One Bedroom1BR,1BA$839
Woodside Townhomes2 Beds, 1.5 baths2BR,1BA$850
Breckenridge Estates ApartmentsOne Bedroom1BR,1BA$985

Best Value Apartments for Rent in Lebanon, KY and Nearby

As of March 25, 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 Townhome 3 bed Model at Winding Springs Apartments and Townhomes starting at $1,999 with a $1.20 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
Winding Springs Apartments and TownhomesTownhome 3 bed3BR,2.5BA$1.20
Brookefield2 Bedroom2BR,2.5BA$1.18
BlackBranch Apartments2 Bedroom2BR,2BA$0.87
Polo Springs Apartments2 Beds, 2 baths2BR,2BA$1.20
Parks at Vine2 Bed, Type A2BR,2BA$1.11
Woodside Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.81
The Villas of Pine Valley2BD/2BH2BR,2BA$1.21
Towne Commons Apartments1 Bed, 1 bath1BR,1BA$0.91
Meadow Pointe Apartments1BR Byrd/Office1BR,1BA$1.12

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

Frequently Asked Questions about Lebanon

What type of rentals are currently available in Lebanon?

There are currently 43 Apartments for Rent in Lebanon, KY with pricing that ranges from $699 to $2,920. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $399 to $2,200.

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 $2,200 with an average monthly rent of $885.

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.