428 W Dee St, Unit 52
428 W Dee St
LebanonIL62254
Cheap Apartments for Rent in Lebanon, IL from $715 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Lebanon.
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Studio to 2 Bedroom Apartments
Cedars of Lebanon Apartments
600 S Horner StLebanon, IL 62254
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2 to 3 Bedroom Apartments
Up Towne Apartments
110 Northtowne StLebanon, IL 62254
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3 Bedroom Apartments
Monroe Street Apartments
536 N Monroe StLebanon, IL 62254
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$715 - $8832 to 3 Bedroom Apartments Available Soon
Flax Meadow Townhomes
216 Flax DrHighland, IL 62249
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$825 - $1,0251 to 2 Bedroom Apartments Available Nov 10
Storyboard on Roger
1151 Roger AveSwansea, IL 62226
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$8252 Bedroom Apartments Available Now
Wilson Apartments
601-605 S Walnut StO'Fallon, IL 62269
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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$845 - $1,7001 to 3 Bedroom Apartments Available Now
Bouse Apartment Homes
2604 West BlvdBelleville, IL 62221
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$1,011 - $2,1801 to 2 Bedroom Apartments Available Now
Shiloh Commons Holdings
535 Williamsburg DrBelleville, IL 62221
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$1,050 - $1,1501 to 2 Bedroom Apartments Available Nov 10
Green Door Apartments
101 Adeline DrBelleville, IL 62221
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$1,050 - $1,1501 to 2 Bedroom Apartments Available Oct 1
Metro Apartments At Collinsville
1003 S Morrison AveCollinsville, IL 62234
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$1,075 - $1,1752 Bedroom Apartments Available Oct 1
Storyboard on Lake Christine
1837 Lebanon AveBelleville, IL 62221
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$1,085 - $1,4401 to 3 Bedroom Apartments Available Now
Storyboard on Rockwood
2213 Rockwood DrBelleville, IL 62221
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$1,090 - $1,3101 to 2 Bedroom Apartments Available Now
Storyboard on Park Terrace
1 Park Terrace LnFairview Heights, IL 62208
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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$1,100 - $1,2501 to 2 Bedroom Apartments Available Now
The Meadows at Shadow Ridge
1671 Shadow Ridge CtBelleville, IL 62221
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Studio to 2 Bedroom Apartments
Bradford Place & Ansley Oaks Apartments
16 Bradford PlBelleville, IL 62221
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1 to 2 Bedroom Apartments
Metro Landing of Swansea - Senior 55+
228 Metro WaySwansea, IL 62226
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Studio to 2 Bedroom Apartments
Lofts on the Square (Senior 55+)
16 S Illinois StBelleville, IL 62220
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1 to 2 Bedroom Apartments
605 Walnut St. Apartments
605 Walnut StHighland, IL 62249
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1 to 2 Bedroom Apartments
Highland Villas Apartments - 55+ Senior
2930 Herzog LnHighland, IL 62249
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1 to 2 Bedroom Apartments
Lakewood Estates
1114 E 3rd StO'Fallon, IL 62269
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.
2414 E Main St
BellevilleIL62221
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1 to 2 Bedroom Apartments
215 anderson lane A
215-223 Anderson LnShiloh, IL 62221
304 Estate Dr
O'FallonIL62269
203 Howard Dr
O'FallonIL62269
814 White Oak Dr
O'FallonIL62269
104 Lee Dr
O'FallonIL62269
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2 Bedroom Apartments
Linwood Apartments
113 Linwood DrBelleville, IL 62221
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.
112 N Delaware Ave
BellevilleIL62221
435 Ponderosa Ave
O'FallonIL62269
915 Belle Valley Dr
BellevilleIL62220
Showing Results 1-31, Page 1 of 1
Lebanon, IL Local Guide
Corn field trials by Claire Benjamin is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lebanon 1 Bedroom Apartments | $1,543 | $825 | $1,760 |
| Lebanon 2 Bedroom Apartments | $1,608 | $715 | $2,785 |
| Lebanon 3 Bedroom Apartments | $1,762 | $883 | $2,168 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Lebanon
See all Apartments in LebanonExplore Lebanon
Lebanon, IL Local Guide
- Nearby Cities
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Cheapest Available Lebanon Apartments for Rent and Nearby
The cheapest available apartment rental in Lebanon, IL is a 2 Beds unit found at Wilson Apartments in the O'Fallon neighborhood priced from $825. Bouse Apartment Homes in the Belleville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Lebanon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wilson Apartments | Two Bedroom - No Laundry | 2BR, 1BA | $825 |
| Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR, 1BA | $845 |
| Storyboard on Rockwood | Rockwood A1 | 1BR, 1BA | $1,085 |
| The Meadows at Shadow Ridge | 1.1- 612 sq ft | 1BR, 1BA | $1,100 |
| Storyboard on Park Terrace | Park Terrace B1 | 2BR, 1BA | $1,150 |
| Shiloh Commons Holdings | B2 2 Bed | 1 Bath | 2BR, 1BA | $1,159 |
| Winchester Place Apartments | 1 Bedroom / 1 Bath 735 sq ft | 1BR, 1BA | $1,210 |
| Storyboard on Shan | Shan A1 | 1BR, 1BA | $1,250 |
| 1400 Sangamon Dr | 2 Beds, 2 baths | 2BR, 2BA | $1,250 |
| Reside Here Apartments & Rentals | 2BR/1.5BA | 2BR, 1BA | $1,295 |
Best Value Apartments for Rent in Lebanon, IL and Nearby
As of September 27, 2026 the best value apartment in the Lebanon area is the $0.92 price per square foot 4 Bd Townhouse Model at BSB Apartments in the Metro East neighborhood starting from $1,600. The second greatest value Lebanon apartment is the Hayden B1 Model at Storyboard on Hayden in the Metro East neighborhood starting at $1,350 with a $1.08 price per square foot. 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. |
|---|---|---|---|
| BSB Apartments | 4 Bd Townhouse | 4BR, 2BA | $0.92 |
| Storyboard on Hayden | Hayden B1 | 2BR, 2.5BA | $1.08 |
| Storyboard on Carol Ann | Carol Ann B2 | 2BR, 2BA | $1.34 |
| Shadow Ridge Apartments | 2 Bed Townhome | 2BR, 1.5BA | $1.20 |
| Reside Here Apartments & Rentals | 2BR/1.5BA | 2BR, 1.5BA | $1.18 |
| Statewood Manor | Duplex | 2BR, 1BA | $1.32 |
| 1118 E 3rd St | 2 Beds, 1 bath | 2BR, 1BA | $1.18 |
| Storyboard on Rockwood | Rockwood B2 | 2BR, 1.5BA | $1.34 |
| 1400 Sangamon Dr | 2 Beds, 2 baths | 2BR, 2BA | $1.32 |
| Wilson Apartments | Two Bedroom - No Laundry | 2BR, 1BA | $1.10 |
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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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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.
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See the most popular apartments and homes in Lebanon, IL
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 $845 at Bouse Apartment Homes.
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 $825 at Wilson 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
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.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.