Cheap Homes for Rent in Lebanon, OK from $800 (10 Rentals)

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Search the lowest-cost Homes 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.

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Lebanon, OK Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, OK is a 1 Bed unit found at Parkdale Villas in the Country Ridge neighborhood priced from $487. Archer Village Apartments in the Country Ridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkdale Villas1 Bedroom1BR,1BA$487
Archer Village ApartmentsEfficiency/StudioStudio,1BA$600
Blue Sky ApartmentsStudioStudio,1BA$650

Best Value Apartments for Rent in Lebanon, OK and Nearby

As of May 10, 2025 the best value apartment in the Lebanon area is the $1.29 price per square foot R22 Model at Peppertree Townhomes in the in the Country Ridge neighborhood starting from $1,500. The second greatest value Lebanon apartment is the B3 Phase 2 Model at Residence at Gateway Village starting at $1,437 with a $1.31 price per square foot in the Country Ridge 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.
Peppertree TownhomesR222BR,2BA$1.29
Residence at Gateway VillageB3 Phase 22BR,2BA$1.31
The SidneyC13BR,2BA$1.41
Turtle Creek Apartments ShermanB2R-duplex2BR,2BA$1.28
Lakeshore LandingTwo Bedroom 1.5 Bath2BR,1.5BA$1.11
High Meadow Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.38
Huntington Falls Apartments1 Bed, 1 bath1BR,1BA$1.02
Parkdale Villas1 Bedroom1BR,1BA$0.64
Northridge Villas1 Bedroom 1 Bath1BR,1BA$1.24
Blue Sky ApartmentsStudioStudio ,1BA$1.27

Quick Rent Budget Calculator

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Frequently Asked Questions about Lebanon

What type of rentals are currently available in Lebanon?

There are currently 42 Apartments for Rent in Lebanon, OK with pricing that ranges from $650 to $3,240. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $800 to $4,950.

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 $800 to $4,950 with an average monthly rent of $2,504.

How much are larger Three and Four Bedroom Rentals in Lebanon?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lebanon range from $676 to $2,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,150.

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.

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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.