Cheap Apartments for Rent in Lebanon, OR from $300 (3 Rentals)

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

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, OR Local Guide

Best Value Apartments for Rent in Lebanon, OR

As of April 26, 2025 the best value apartment in the Lebanon area is the $1.50 price per square foot 2 Bed / 1.5 Bath Model at 311-325 E Dodge St in the starting from $1,650. The second greatest value Lebanon apartment is the 2x2 Model at 169-Franklin Commons starting at $1,695 with a $1.70 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.
311-325 E Dodge St2 Bed / 1.5 Bath2BR,1.5BA$1.50
169-Franklin Commons2x22BR,2BA$1.70
Aspen Place Apartments2 Bedroom2BR,2BA$1.52
Parkside Apartments1 x 11BR,1BA$1.53
Hickory Lake1x1 ADA1BR,1BA$1.79
The Lodges at Lebanon1 Bed 1 Bath1BR,1BA$1.96
McKinney Lane ApartmentsPine1BR,1BA$2.40
Cascade Ridge1x1 A1BR,1BA$2.20

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lebanon, OR Rentals by Map

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Getting Around Lebanon, OR

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

63 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Lebanon Apartments

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

The lowest price for a Cheap One Bedroom Lebanon Apartment is $1,305 at Parkside 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 $1,445 at Aspen Place Apartments.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Cascade Ridge and starts from $1,700.

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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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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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and 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.