
Cheap Apartments for Rent in Lebanon, IN from $400 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Lebanon.


Kise Estates Apartments

451 Lebanon Apartments
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.

Melrose Place
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Lebanon, IN Local Guide

How much does it cost to rent an apartment in Lebanon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Lebanon Studio Apartments | $1,495 | $1,349 | $1,589 |
Cheap Lebanon 1 Bedroom Apartments | $1,450 | $850 | $2,729 |
Cheap Lebanon 2 Bedroom Apartments | $1,487 | $950 | $1,999 |
Cheap Lebanon 3 Bedroom Apartments | $2,102 | $1,259 | $2,499 |
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Lebanon, IN Local Guide
- Lebanon Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lebanon, IN
Pricing Updated: 06/27/2025Current apartment rentals in the Lebanon, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lebanon Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Lebanon Whitestown | $3,200 | $995 | 31 |
Cheapest Available Lebanon Apartments for Rent
 The cheapest available apartment rental in Lebanon, IN is a 1 Bed unit found at Kise Estates Apartments in the Lebanon Whitestown neighborhood priced from $1,039. The Brakeman in the Lebanon Whitestown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,149. Here is today’s list of the most affordable Lebanon apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Kise Estates Apartments | One Bedroom | 1BR,1BA | $1,039 |
The Brakeman | A-ADA | 1BR,1BA | $1,149 |
451 Lebanon Apartments | 1C | 1BR,1BA | $1,150 |
Hickory Cottages | Alley-Oop | Studio,1BA | $1,359 |
Honor Meadows Owner LLC | 3 Bedroom 2.5 Bathroom The Lawrence | 3BR,2BA | $2,099 |
Best Value Apartments for Rent in Lebanon, IN
As of June 27, 2025 the best value apartment in the Lebanon area is the $1.45 price per square foot 3 Bedroom 2.5 Bathroom The Bennet Model at Honor Meadows Owner LLC in the in the Lebanon Whitestown neighborhood starting from $2,350. The second greatest value Lebanon apartment is the Baseline Model at Hickory Cottages starting at $1,499 with a $1.72 price per square foot in the Lebanon Whitestown 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. |
---|---|---|---|
Honor Meadows Owner LLC | 3 Bedroom 2.5 Bathroom The Bennet | 3BR,2.5BA | $1.45 |
Hickory Cottages | Baseline | 1BR,1BA | $1.72 |
3662 Diane Ln, Unit 3662 | 3662 Diane Ln | 2BR,1BA | $1.64 |
451 Lebanon Apartments | 1A | 1BR,1BA | $1.63 |
Kise Estates Apartments | One Bedroom | 1BR,1BA | $1.48 |
The Brakeman | A-ADA | 1BR,1BA | $1.95 |
Quick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Lebanon, IN
Lebanon Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lebanon, IN Rentals by Map
See the most popular apartments and homes in Lebanon, IN
Getting Around Lebanon, IN
Walk Score®
30 / 100
Car-Dependent
Most errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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 $1,039 at Kise Estates 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 $1,135 at Kise Estates Apartments.
What is the most affordable Lebanon Three Bedroom Apartment?
The best deal on a cheap Lebanon Three Bedroom Apartment rental is at 451 Lebanon Apartments and starts from $1,625.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.