
Cheap Homes for Rent in Lebanon, OK from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lebanon.


500 First St

142 Andrea St
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.

19086-19092 Cabo Way

407 W Main St

2205 S Cedar Loop
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.

19052-19058 Cabo Way

19161-19175 Cabo Way

19148-19162 Cabo Way
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.

137 Pearce Dr
Lebanon, OK 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 | $1,931 | $825 | $4,500 |
Lebanon 3 Bedroom Homes for Rent | $1,990 | $1,275 | $4,500 |
Lebanon 4 Bedroom Homes for Rent | $2,800 | $1,450 | $4,950 |
Lebanon 7 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Lebanon
Explore Lebanon
Lebanon, OK Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Parkdale Villas | 1 Bedroom | 1BR,1BA | $487 |
Archer Village Apartments | Efficiency/Studio | Studio,1BA | $600 |
Blue Sky Apartments | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Peppertree Townhomes | R22 | 2BR,2BA | $1.29 |
Residence at Gateway Village | B3 Phase 2 | 2BR,2BA | $1.31 |
The Sidney | C1 | 3BR,2BA | $1.41 |
Turtle Creek Apartments Sherman | B2R-duplex | 2BR,2BA | $1.28 |
Lakeshore Landing | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.11 |
High Meadow Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.38 |
Huntington Falls Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.02 |
Parkdale Villas | 1 Bedroom | 1BR,1BA | $0.64 |
Northridge Villas | 1 Bedroom 1 Bath | 1BR,1BA | $1.24 |
Blue Sky Apartments | Studio | Studio ,1BA | $1.27 |
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, 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.

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.