Cheap Apartments for Rent in Lebanon, VA from $500 (27 Rentals)

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

property at 154 Swords St

154 Swords St

LebanonVA24266
property at 3953 Kent St

3953 Kent St

KingsportTN37664
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Lebanon, VA Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, VA is a 2 Beds unit found at The Place at Slate Creek priced from $695. Buffalo Ridge Apartments in the Downtown Johnson City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at Slate CreekTwo Bedroom2BR,2BA$695
Buffalo Ridge ApartmentsBuffalo 1B 1B1BR,1BA$750
Beason Well Apartments3 Bedroom3BR,2BA$875
Holston View1 Bedroom 1 Bath1BR,1BA$875
Allandale Falls1 Bedroom 1 Bathroom - A11BR,1BA$925
Old Gray Manor2-bedroom2BR,1BA$950
Cross Creek1 Bedroom 1 Bathroom - A11BR,1BA$999
Willow Run1/1.00 - A11BR,1BA$999
Stafford Street Village1 Bedroom First Level - 680sf1BR,1BA$1,019
Twin Oaks Apartments2BR/1.5BA2BR,1BA$1,100

Best Value Apartments for Rent in Lebanon, VA and Nearby

As of March 26, 2025 the best value apartment in the Lebanon area is the $0.99 price per square foot 3 Bedroom Townhome Model at The Villas at Lavinder Lane in the in the Outer Bristol neighborhood starting from $1,419. The second greatest value Lebanon apartment is the 3 Bedroom, 2.5BA Townhome Model at Universal at Gray Station starting at $1,799 with a $1.25 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.
The Villas at Lavinder Lane3 Bedroom Townhome3BR,2.5BA$0.99
Universal at Gray Station3 Bedroom, 2.5BA Townhome3BR,2.5BA$1.25
Villas at North ParkPearson3BR,2.5BA$1.26
Twin Oaks Apartments3BR/1.5BA3BR,1.5BA$1.05
Apex Johnson City2 Bed x 1.5 Bath Townhouse2BR,1.5BA$1.24
Beason Well Apartments2 Bedroom2BR,2BA$0.94
One Wilcox Place Apartments2 bed x 2 bath2BR,2BA$1.23
The Place at Slate CreekTwo Bedroom2BR,2BA$0.82
Old Gray Manor2-bedroom2BR,1BA$1.27
Buffalo Ridge ApartmentsBuffalo 1B 1B1BR,1BA$1.25

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Lebanon, VA

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Getting Around Lebanon, VA

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

14 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $750 at Buffalo Ridge 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 $695 at The Place at Slate Creek.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Beason Well Apartments and starts from $875.

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

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.

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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.