Cheap Apartments for Rent in Lebanon, VA from $500 (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.

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. Beason Well Apartments in the Town Of Kingsport neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $875. 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
Beason Well Apartments3 Bedroom3BR,2BA$875
Holston View1 Bedroom 1 Bath1BR,1BA$875
Old Gray Manor2-bedroom2BR,1BA$950
The Villas at Lavinder Lane1 Bedroom Second Level1BR,1BA$969

Best Value Apartments for Rent in Lebanon, VA and Nearby

As of March 01, 2025 the best value apartment in the Lebanon area is the $1.26 price per square foot Pearson Model at Villas at North Park in the in the Town Of Kingsport neighborhood starting from $1,784. The second greatest value Lebanon apartment is the Pleasant View Apartments on Carroll Creek Model at Pleasant View Apartments on Carroll Creek starting at $1,300 with a $1.06 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.
Villas at North ParkPearson3BR,2.5BA$1.26
Pleasant View Apartments on Carroll CreekPleasant View Apartments on Carroll Creek2BR,2.5BA$1.06
Brandy Mill3 Bedroom 2 Bathroom - C13BR,2BA$1.25
Twin Oaks Apartments2BR/1.5BA2BR,1.5BA$1.02
Apex Johnson City2 Bed x 1.5 Bath Townhouse2BR,1.5BA$1.24
Beason Well Apartments2 Bedroom2BR,2BA$0.94
Allandale Falls2 Bedroom 1.5 Bathroom - B12BR,1.5BA$1.05
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

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, VA Rentals by Map

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

Getting Around Lebanon, VA

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

14 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $875 at Holston View.

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.

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.