
Cheap Homes for Rent in Lebanon, IN from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Lebanon.


318 N Clark St

1320 Millerwood Dr

1320 Millerwood Ct

906 N West St, Unit 2

903 Jackson St

113 E Main St

1711 Lafayette Ave
Lebanon, IN Local Guide

How much does it cost to rent a home in Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lebanon 2 Bedroom Homes for Rent | $1,506 | $945 | $2,000 |
| Lebanon 3 Bedroom Homes for Rent | $2,292 | $1,790 | $3,200 |
| Lebanon 4 Bedroom Homes for Rent | $2,446 | $2,200 | $2,700 |
| Lebanon 5 Bedroom Homes for Rent | $4,178 | $2,200 | $10,000+ |
Browse Top Homes for Rent in Lebanon
Explore Lebanon
Lebanon, IN Local Guide
- Lebanon Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lebanon, IN
Pricing Updated: 11/03/2025Current 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 | $2,375 | $880 | 542 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stonegate Meadows | The Goldenleaf | 1BR,1BA | $908 |
| Parkview of Lebanon | Longley | 1BR,1BA | $1,069 |
| Kise Estates Apartments | Two Bedroom | 2BR,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 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 |
| Kise Estates Apartments | Two Bedroom | 2BR,1BA | $1.23 |
| Melrose Place | 2x1 | 2BR,1BA | $1.42 |
| Stonegate Meadows | The Copperleaf | 2BR,1BA | $1.51 |
| 3715 Perry Worth Rd, Unit 3715 Perry Worth Road | 3715 Perry Worth Rd | 2BR,1BA | $1.64 |
| Parkview of Lebanon | Longley | 1BR,1BA | $1.47 |
| Hickory Cottages | Assist | 1BR,1BA | $2.16 |
Quick 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, 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
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.