Cheap Apartments for Rent in the Colonial Village Neighborhood of Lebanon, TN from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Lebanon.

The Reserve at Lebanon

Crosswinds Condominiums
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.

713 Kent Dr

Pointe at Five Oaks
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.
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.
Colonial Village, Lebanon, TN Local Guide

How much does it cost to rent an apartment in Colonial Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Colonial Village 1 Bedroom Apartments | $1,365 | $980 | $2,131 |
Colonial Village 2 Bedroom Apartments | $1,609 | $1,090 | $2,534 |
Colonial Village 3 Bedroom Apartments | $2,168 | $1,450 | $2,710 |
Colonial Village 4 Bedroom Apartments | $2,183 | $1,850 | $2,590 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 3 mile radius of the Colonial Village Neighborhood of Lebanon, TN.
See all Apartments in LebanonExplore Lebanon
Colonial Village, Lebanon, TN Local Guide
- Nearby Lebanon neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Colonial Village Apartments for Rent
 The cheapest available apartment rental in the Colonial Village area of Lebanon, TN is a 1 Bed unit found at The Reserve at Lebanon priced from $1,029. Greentree Pointe has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,090. Here are the most affordable Colonial Village apartments for rent in Lebanon, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Reserve at Lebanon | 1 Bed / 1 Bath Upgraded | 1BR,1BA | $1,029 |
Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $1,090 |
Pointe at Five Oaks | A3 Coastal - One Bedroom, One Bathroom | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Colonial Village, TN
As of May 18, 2025 the best value apartment in the Colonial Village area is the $1.05 price per square foot 3-bedroom Model at Flats at Melrose in the in the Colonial Village neighborhood starting from $1,895. The second greatest value Colonial Village apartment is the 2 Bedrooms, 2.5 Bathrooms Model at South Maple Townhomes starting at $1,775 with a $1.31 price per square foot in the Colonial Village neighborhood. Here is today’s list of the best values for Colonial Village apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Flats at Melrose | 3-bedroom | 3BR,2.5BA | $1.05 |
South Maple Townhomes | 2 Bedrooms, 2.5 Bathrooms | 2BR,2.5BA | $1.31 |
Maple Crossing | 3 Bedroom 2 Bath | 3BR,2BA | $1.25 |
Hunters Creek | River Birch Renovated | 3BR,2BA | $1.44 |
Revere at Barton's Run | 2 Bedroom Craftsman Premier | 2BR,2BA | $1.33 |
The Fitzroy at Lebanon Marketplace | Sycamore | 2BR,2BA | $1.50 |
Limestone Trail Apartments | Two Bed | 2BR,2BA | $1.46 |
Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $1.27 |
Westgate Apartment Homes | 2B12BL | 2BR,1BA | $1.45 |
Hamilton Station | 1 Bedroom Residential | 1BR,1BA | $1.49 |
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.
Pet Friendly LifestyleColonial Village, Lebanon, TN
Ranked #1
Among neighborhoods in Lebanon, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States and customized analysis for Central Lebanon. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Colonial Village Apartments
How much is rent for a Cheap One Bedroom Colonial Village Apartment?
The lowest price for a Cheap One Bedroom Colonial Village Apartment is $1,029 at The Reserve at Lebanon.
What is the lowest price for a Cheap Two Bedroom Colonial Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Colonial Village is starting from $1,090 at Greentree Pointe.
What is the most affordable Colonial Village Three Bedroom Apartment?
The best deal on a cheap Colonial Village Three Bedroom Apartment rental is at Limestone Trail Apartments and starts from $1,524.
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.