Cheap Apartments for Rent in Lebanon, TN from $700 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Ridge at Lebanon
1 to 3 Bedroom Apartments

Ridge at Lebanon

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

Cedarwood Apartments

110 Cedarwood DrLebanon, TN 37087
  • Utilities Included
close
View Me
Maple Crossing
2 to 3 Bedroom Apartments

Maple Crossing

100 Maple Crossing DrLebanon, TN 37087
close
View Me
Hunters Creek
1 to 3 Bedroom Apartments

Hunters Creek

100 Hunters Creek BlvdLebanon, TN 37087
close
View Me
Falls at 109
1 to 3 Bedroom Apartments

Falls at 109

100 Falls BlvdLebanon, TN 37090

Lebanon, TN Local Guide

Cheapest Neighborhoods for Apartments in Lebanon, TN

Pricing Updated: 03/21/2025

Current apartment rentals in the Lebanon, TN area range in price from $932 to $2,650 with an overall median price of $2,065. The three Lebanon neighborhoods with the lowest median rent pricing are West End Heights at $932, Five Oaks at $1,012, and Hamilton Springs at $1,012. 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$932288
Five Oaks$1,862$1,0122283
Hamilton Springs$1,920$1,0122880
Hillview Farms$2,069$1,012656
Colonial Village$2,500$1,0124344
Downtown Lebanon$2,500$9322458

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 $1,149. 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$1,149
Westgate Apartment Homes2B12BL2BR,1BA$1,229
Hartmann PlantationKathryn1BR,1BA$1,232
Limestone Trail ApartmentsTwo Bed2BR,2BA$1,249

Best Value Apartments for Rent in Lebanon, TN

As of March 21, 2025 the best value apartment in the Lebanon area is the $0.82 price per square foot 702 White Oak Dr Model at 702 White Oak Dr in the starting from $2,515. The second greatest value Lebanon apartment is the 125 Wendell K Rd Model at 125 Wendell K Rd starting at $2,895 with a $1.15 price per square foot in the Lake Providence 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.
702 White Oak Dr702 White Oak Dr4BR,2.5BA$0.82
125 Wendell K Rd125 Wendell K Rd5BR,3BA$1.15
516 Rock Island Way516 Rock Island Way3BR,2.5BA$1.01
1511 Wilkins Run1511 Wilkins Run5BR,2.5BA$1.07
407 Cobblestone Way407 Cobblestone Way3BR,2BA$1.13
427 Wind Dance Dr427 Wind Dance Dr4BR,2BA$1.14
Flats at Melrose3-bedroom3BR,2.5BA$1.05
102 Villa Cir102 Villa Cir3BR,2BA$1.10
Cedar City TownhomesThe Emma3BR,2.5BA$1.16
Maple Crossing3 Bedroom 2 Bath3BR,2BA$1.16

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.

decorative image of people with a giant lease agreement

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

Explore Lebanon, TN Rentals by Map

View MapLebanon, TN Apartments MapView MapLebanon, TN Rental Homes Map

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 $1,149, while the average apartment in Lebanon costs $2,065.

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 249 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 $293 which is $1,772 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.

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

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.