Cheap Homes for Rent in Lebanon, IN from $700 (8 Rentals)

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Lebanon, IN Local Guide

Cheapest Neighborhoods for Apartments in Lebanon, IN

Pricing Updated: 11/03/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Lebanon Whitestown$2,375$880542

Cheapest Available Lebanon Apartments for Rent

 

The cheapest available apartment rental in Lebanon, IN is a 1 Bed unit found at Stonegate Meadows in the Lebanon Whitestown neighborhood priced from $908. Parkview of Lebanon in the Lebanon Whitestown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,069. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonegate MeadowsThe Goldenleaf1BR,1BA$908
Parkview of LebanonLongley1BR,1BA$1,069
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1,180

Best Value Apartments for Rent in Lebanon, IN

As of November 03, 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 Two Bedroom Model at Kise Estates Apartments starting at $1,180 with a $1.23 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Honor Meadows Owner LLC3 Bedroom 2.5 Bathroom The Bennet3BR,2.5BA$1.45
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.23
Melrose Place2x12BR,1BA$1.42
Stonegate MeadowsThe Copperleaf2BR,1BA$1.51
3715 Perry Worth Rd, Unit 3715 Perry Worth Road3715 Perry Worth Rd2BR,1BA$1.64
Parkview of LebanonLongley1BR,1BA$1.47
Hickory CottagesAssist1BR,1BA$2.16

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lebanon

What type of rentals are currently available in Lebanon?

There are currently 54 Apartments for Rent in Lebanon, IN with pricing that ranges from $905 to $3,299. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $750 to $10,000.

What is the current price range for Rental Homes in Lebanon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lebanon ranges from $750 to $10,000 with an average monthly rent of $2,252.

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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.