Cheap Apartments for Rent in Lebanon, ME from $700 (11 Rentals)

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

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Lebanon, ME Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, ME is a 2 Beds unit found at Sullivan School Apartments in the Crocketts Crossings neighborhood priced from $1,295. Tara Meadows in the Crocketts Crossings neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,298. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sullivan School Apartments2 Beds, 1 bath2BR,1BA$1,295
Tara MeadowsStudio UpgradedStudio,1BA$1,298
Royal Oak ApartmentsStudio1BR,1BA$1,475
McDuffee Brook Apartments2 Bedroom2BR,1BA$1,500
White Mountain Highway22 Lafayette Street2BR,1BA$1,600

Best Value Apartments for Rent in Lebanon, ME and Nearby

As of April 16, 2025 the best value apartment in the Lebanon area is the $1.70 price per square foot Highfield Commons Apartments Model at Highfield Townhome Available for Rent! in the in the Downtown neighborhood starting from $2,850. The second greatest value Lebanon apartment is the Topaz-Open Kitchen and Dining Area Model at Half Peak Place starting at $3,250 with a $2.10 price per square foot in the South Rochester 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.
Highfield Townhome Available for Rent!Highfield Commons Apartments3BR,2.5BA$1.70
Half Peak PlaceTopaz-Open Kitchen and Dining Area3BR,2.5BA$2.10
Bayberry CommonsBrand New Townhomes! End Unit 3 Bedroom 2 Bath ...3BR,2.5BA$2.26
Paul's PlaceBrand New Townhomes with Central Air and Modern...3BR,2.5BA$2.17
White Mountain Highway22 Lafayette Street2BR,1BA$1.60
Welcome Home to Norway Plains2 Bedroom End Unit with Balcony2BR,1BA$1.95
Lilac & Monument Garden2 Bedroom 1 Bathroom2BR,1BA$2.06
Five Points, LLCFive Points 1 Bedroom1BR,1BA$2.23
15 Back River Rd2BR/1.0BA2BR,1BA$2.06
McDuffee Brook Apartments2 Bedroom2BR,1BA$2.00

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Location, Location, Location!

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See the most popular apartments and homes in Lebanon, ME

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Getting Around Lebanon, ME

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lebanon Apartments

What is the Cheapest Studio apartment in Lebanon?

Currently the most affordable Cheap Studio Apartment in Lebanon is at Tara Meadows listed at $1,298.

How much is rent for a Cheap One Bedroom Lebanon Apartment?

The lowest price for a Cheap One Bedroom Lebanon Apartment is $1,300 at Sullivan School 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 $1,295 at Sullivan School Apartments.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Highfield Townhome Available for Rent! and starts from $2,850.

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.

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Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.