
Cheap Homes for Rent in Downtown Lebanon Neighborhood of Lebanon, TN from $1,100 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lebanon area of Lebanon.


607 Tater Peeler Rd, Unit 607 Tater Peeler Rd
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.
Downtown Lebanon, Lebanon, TN Local Guide

How much does it cost to rent a home in Downtown Lebanon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Lebanon 2 Bedroom Homes for Rent | $1,492 | $1,100 | $1,975 |
Downtown Lebanon 3 Bedroom Homes for Rent | $1,795 | $1,200 | $2,080 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downtown Lebanon Neighborhood of Lebanon, TN.
Explore Lebanon
Downtown Lebanon, Lebanon, TN Local Guide
- Nearby Lebanon neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Best Value Apartments for Rent in Downtown Lebanon, TN
As of April 23, 2025 the best value apartment in the Downtown Lebanon 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 Downtown Lebanon apartment is the The Emma Model at Cedar City Townhomes starting at $1,750 with a $1.13 price per square foot in the West End Heights neighborhood. Here is today’s list of the best values for Downtown Lebanon 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 |
Cedar City Townhomes | The Emma | 3BR,2.5BA | $1.13 |
East Adams Townhomes | 2 Beds, 1.5 baths | 2BR,1.5BA | $1.23 |
South Maple Townhomes | 2 Bedrooms, 2.5 Bathrooms | 2BR,2.5BA | $1.44 |
Maple Crossing | 3 Bedroom 2 Bath | 3BR,2BA | $1.16 |
Greentree Pointe | 3 Bedroom Townhome | 3BR,2BA | $1.18 |
Hunters Creek | Willow Renovated | 2BR,2BA | $1.36 |
Revere at Barton's Run | 1 Bedroom Executive | 1BR,1BA | $1.46 |
Hartmann Plantation | Kathryn | 1BR,1BA | $1.61 |
The Reserve at Lebanon | 1 Bed / 1 Bath Upgraded | 1BR,1BA | $1.67 |
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 Downtown Lebanon
What type of rentals are currently available in Downtown Lebanon?
There are currently 70 Apartments for Rent in Downtown Lebanon, TN with pricing that ranges from $675 to $2,549. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lebanon ranging from $1,100 to $2,080.
What is the current price range for Rental Homes in Downtown Lebanon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lebanon ranges from $1,100 to $2,080 with an average monthly rent of $1,643.
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.

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.

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.

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.

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.