Cheap Apartments for Rent in Lebanon, KY from $400 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lebanon.

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Linda's Place (Age 62+ )
1 to 2 Bedroom Apartments

Linda's Place (Age 62+ )

785 Running Creek DrShepherdsville, KY 40165
Senior Living
  • Utilities Included
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464 Springfield Rd
2 Bedroom Apartments

464 Springfield Rd

464 Springfield RdElizabethtown, KY 42701
Student Housing
  • Utilities Included

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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.

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Lebanon, KY Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, KY is a Studio unit found at Town Pointe Apartments priced from $795. Buckingham Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Town Pointe ApartmentsStudioStudio,1BA$795
Buckingham Apartments141BR,1BA$799
Meadow Pointe Apartments2 Bedrooms2BR,1BA$849
Arlington Park Apartments1+11BR,1BA$925
Tyler Park ApartmentsDuplex - Unrenovated1BR,1BA$950

Best Value Apartments for Rent in Lebanon, KY and Nearby

As of March 17, 2026 the best value apartment in the Lebanon area is the $1.13 price per square foot 2 Bed, 2 Bath Model at Sage Springs in the starting from $1,400. The second greatest value Lebanon apartment is the 2 Bedroom No Basement Model at Daniel London Properties starting at $1,399 with a $1.15 price per square foot . 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.
Sage Springs2 Bed, 2 Bath2BR,2BA$1.13
Daniel London Properties2 Bedroom No Basement2BR,1.5BA$1.15
Arrowhead Ranch3 Bed 2 Bath3BR,2BA$0.94
Brookefield2 Bedroom2BR,2.5BA$1.07
BlackBranch Apartments2 Bedroom2BR,2BA$0.87
Woodside Townhomes2 Bedroom Townhome2BR,1.5BA$0.95
Arlington Park Apartments1+11BR,1BA$0.94
Breckenridge Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.14
Green River Lake CommonsRHP2BR,2BA$1.09
Meadow Pointe Apartments2 Bedrooms2BR,1BA$0.94

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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

Explore Lebanon, KY Rentals by Map

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Frequently Asked Questions about Cheap Lebanon Apartments

What is the Cheapest Studio apartment in Lebanon?

Currently the most affordable Cheap Studio Apartment in Lebanon is at Town Pointe Apartments listed at $795.

How much is rent for a Cheap One Bedroom Lebanon Apartment?

The lowest price for a Cheap One Bedroom Lebanon Apartment is $799 at Buckingham 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 $849 at Meadow Pointe Apartments.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Arrowhead Ranch and starts from $1,149.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.