Cheap Apartments for Rent in Lebanon, TN from $700 (9 Rentals)

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

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Ridge at Lebanon
1 to 3 Bedroom Apartments

Ridge at Lebanon

502 Fairview AveLebanon, TN 37087
  • Utilities Included
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Cedarwood Apartments
2 Bedroom Apartments

Cedarwood Apartments

110 Cedarwood DrLebanon, TN 37087
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Maple Crossing
2 to 3 Bedroom Apartments

Maple Crossing

100 Maple Crossing DrLebanon, TN 37087

Lebanon, TN Local Guide

Cheapest Neighborhoods for Apartments in Lebanon, TN

Pricing Updated: 03/26/2025

Current apartment rentals in the Lebanon, TN area range in price from $999 to $2,441 with an overall median price of $1,983. The three Lebanon neighborhoods with the lowest median rent pricing are West End Heights at $1,045, Five Oaks at $999, and Hamilton Springs at $999. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Lebanon Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
West End Heights$1,540$1,045365
Five Oaks$1,870$9992532
Hamilton Springs$1,920$9993099
Hillview Farms$2,069$999656
Colonial Village$2,250$9994432
Downtown Lebanon$2,250$9992350

Cheapest Available Lebanon Apartments for Rent

 

The cheapest available apartment rental in Lebanon, TN is a 2 Beds unit found at Maple Crossing in the Colonial Village neighborhood priced from $1,115. Summerfield Apartments in the Colonial Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Maple Crossing2 Bedroom 2 Bath2BR,2BA$1,115
Summerfield Apartments1 Bed 1 Bath1BR,1BA$1,199
Hartmann PlantationKathryn1BR,1BA$1,232

Best Value Apartments for Rent in Lebanon, TN

As of March 26, 2025 the best value apartment in the Lebanon area is the $0.98 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at South Maple Townhomes in the in the Colonial Village neighborhood starting from $2,050. The second greatest value Lebanon apartment is the 3-bedroom Model at Flats at Melrose starting at $1,895 with a $1.05 price per square foot in the Colonial Village 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.
South Maple Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$0.98
Flats at Melrose3-bedroom3BR,2.5BA$1.05
Cedar City TownhomesThe Emma3BR,2.5BA$1.16
Stone Haven Villas3 Beds, 2.5 baths3BR,2.5BA$1.25
Spring Hill TownhomesThree Bedroom Two Bath3BR,2BA$1.20
Maple Crossing2 Bedroom 2 Bath2BR,2BA$1.00
517 Melrose StMelrose, Unit B2BR,1.5BA$1.27
Greentree Pointe2 Bedroom Townhome2BR,2BA$1.22
The Venue at 109Stirling2BR,2BA$1.32
Limestone Trail ApartmentsTwo Bed2BR,2BA$1.35

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

Explore Lebanon, TN Rentals by Map

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Getting Around Lebanon, TN

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Lebanon Apartments

What is the price of a cheap apartment in Lebanon?

The cheapest apartment in Lebanon is Summerfield Apartments which is listed at $1,199, while the average apartment in Lebanon costs $1,983.

What types of apartments are the cheapest in Lebanon?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 367 regular apartments in Lebanon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lebanon?

Cheap apartments in Lebanon have an average cost of $300 which is $1,683 cheaper than the average rent for all rentals in Lebanon.

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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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

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

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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.