
Cheap Apartments for Rent in Lebanon, CT from $700 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Lebanon.


560 on Main

219 Pleasant St

287 Main St, Unit 101

Total Monthly Price
223 Jackson St, Unit 2, Unit 2

120 North St

Artspace Windham

148 Walnut St, Unit 1, Unit 1
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Total Monthly Price
Country Place

Total Monthly Price
Ivy Garden Apartments

260 Summit St

Total Monthly Price
53 Tingley St

80 North St

21 Lewiston Ave

Gan Adan Too

Cedarwoods
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

297 CT-32

Kingswood Apartments

Oakridge Apartments

15 -2 Kent Ct

83 Horse Pond Rd

80 North St

10 Summit St

Four Seasons of Colchester
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Lebanon, CT Local Guide

How much does it cost to rent an apartment in Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lebanon Studio Apartments | $1,160 | $1,050 | $1,350 |
| Lebanon 1 Bedroom Apartments | $1,338 | $710 | $1,721 |
| Lebanon 2 Bedroom Apartments | $1,816 | $864 | $2,240 |
| Lebanon 3 Bedroom Apartments | $2,053 | $1,300 | $2,400 |
| Lebanon 4 Bedroom Apartments | $2,600 | $2,000 | $3,200 |
Browse Top Apartments in Lebanon
See all Apartments in LebanonExplore Lebanon
Lebanon, CT Local Guide
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Cheapest Available Lebanon Apartments for Rent and Nearby
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 560 on Main | SM Studio | Studio,1BA | $1,050 |
| Ivy Garden Apartments | Two Bedroom | 2BR,1BA | $1,600 |
Best Value Apartments for Rent in Lebanon, CT and Nearby
As of April 12, 2026 the best value apartment in the Lebanon area is the $1.67 price per square foot 249 Church St Model at 249 Church St, Unit 3 in the in the Northwest New London Colchester neighborhood starting from $2,000. The second greatest value Lebanon apartment is the 736 Main St Model at 736 Main St, Unit Unit 3 starting at $2,350 with a $2.35 price per square foot in the Northwest New London Colchester neighborhood. Here is today’s list of the best values for Lebanon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 249 Church St, Unit 3 | 249 Church St | 3BR,1BA | $1.67 |
| 736 Main St, Unit Unit 3 | 736 Main St | 3BR,2BA | $2.35 |
| Ivy Garden Apartments | Two Bedroom | 2BR,1BA | $1.78 |
| 560 on Main | SM 1BR | 1BR,1BA | $1.52 |
| 223 Jackson St, Unit 2 | 223 Jackson St | Studio ,1BA | $1.60 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Best Local Schools in Lebanon, CT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lebanon, CT Rentals by Map
See the most popular apartments and homes in Lebanon, CT
Frequently Asked Questions about Cheap Lebanon Apartments
What is the Cheapest Studio apartment in Lebanon?
Currently the most affordable Cheap Studio Apartment in Lebanon is at 560 on Main listed at $1,050.
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 $1,600 at Ivy Garden Apartments.
Expert Rental Resources
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.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.