
Cheap Apartments for Rent in Lebanon, CT from $700 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Lebanon.


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356 Valley St, Unit First Floor

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324 Valley St

52 Park St

560 On Main

Amston Village - Active 55+

287 Main St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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223 Jackson St, Unit 2

Artspace Windham

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Kingswood Apartments

49 Brook St

120 North St

91 South St

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Country Place
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Ivy Garden Apartments

3 Milk St

120 Main St, Unit 2

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87 Birch St, Unit 87 Birch st

Gan Adan Too

Cedarwoods

Oakridge Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

11.5 S 3rd Ave

105 Horse Pond Rd

8 White Oak Rd

91 Willowbrook St

Four Seasons of Colchester

195 Laurel Hill Ave

33 Baxter Rd
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.

221 Old Pond Ln

73 Horse Pond Rd
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 | $1,236 | $1,050 | $1,395 |
| Lebanon 1 Bedroom Apartments | $1,343 | $800 | $1,949 |
| Lebanon 2 Bedroom Apartments | $1,856 | $1,196 | $2,395 |
| Lebanon 3 Bedroom Apartments | $1,926 | $1,300 | $2,702 |
| Lebanon 4 Bedroom Apartments | $1,600 | $700 | $2,500 |
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
 The cheapest available apartment rental in Lebanon, CT is a 2 Beds unit found at Residences on Main in the Northwest New London Colchester neighborhood priced from $995. Amston Village - Active 55+ in the Northwest New London Colchester neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,063. Here is today’s list of the most affordable Lebanon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences on Main | 2 Bedroom | 2BR,1BA | $995 |
| Amston Village - Active 55+ | One Bedroom | 1BR,1BA | $1,063 |
| Ivy Garden Apartments | Two Bedroom | 2BR,1BA | $1,600 |
| Artspace Windham | One Bedroom | 1BR,2BA | $1,671 |
Best Value Apartments for Rent in Lebanon, CT and Nearby
As of August 27, 2026 the best value apartment in the Lebanon area is the $0.44 price per square foot 736 Main St Model at 736 Main St in the in the Northwest New London Colchester neighborhood starting from $2,200. The second greatest value Lebanon apartment is the 356 Valley St Model at 356 Valley St, Unit First Floor starting at $700 with a $0.50 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. |
|---|---|---|---|
| 736 Main St | 736 Main St | 3BR,2BA | $0.44 |
| 356 Valley St, Unit First Floor | 356 Valley St | 4BR,1BA | $0.50 |
| 384 Valley St, Unit 10 | 384 Valley St | 3BR,1BA | $1.87 |
| Ivy Garden Apartments | Two Bedroom | 2BR,1BA | $1.78 |
| Artspace Windham | One Bedroom | 1BR,2BA | $2.08 |
| 324 Valley St | 324 Valley St | 1BR,1BA | $1.13 |
| Amston Village - Active 55+ | One Bedroom | 1BR,1BA | $1.52 |
| Residences on Main | Studio | Studio ,1BA | $2.88 |
Don'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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
How much is rent for a Cheap One Bedroom Lebanon Apartment?
The lowest price for a Cheap One Bedroom Lebanon Apartment is $1,063 at Amston Village - Active 55+.
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 $995 at Residences on Main.
What is the most affordable Lebanon Three Bedroom Apartment?
The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Artspace Windham and starts from $2,316.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.