Cheap Apartments for Rent in Lebanon, KY from $400 (9 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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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. Tyler Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Town Pointe ApartmentsStudioStudio,1BA$795
Tyler Park ApartmentsDuplex1BR,1BA$899
Arrowhead Ranch2 Beds, 2 baths2BR,2BA$949

Best Value Apartments for Rent in Lebanon, KY and Nearby

As of September 07, 2025 the best value apartment in the Lebanon area is the $1.20 price per square foot Chickasaw with 1 Car Garage Model at Buffalo Ridge Townhomes in the starting from $2,099. The second greatest value Lebanon apartment is the Metro Model at Glenmary Village Apartments starting at $1,303 with a $1.04 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.
Buffalo Ridge TownhomesChickasaw with 1 Car Garage3BR,2.5BA$1.20
Glenmary Village ApartmentsMetro2BR,2BA$1.04
Sage Springs2 Bed, 2 Bath2BR,2BA$1.13
Green River Lake Commons2 Beds, 2 baths2BR,2BA$0.80
BlackBranch Apartments2 Bedroom2BR,2BA$0.87
Tanyard Park1 Bedroom | 1 Bath1BR,1BA$1.11
Robinbrooke Crossings2bds2BR,2BA$1.00
The Villas of Pine Valley2BD/2BH2BR,2BA$1.19
Breckenridge Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.13
Autovilla TownhomesAutovilla - 2/1.5 TH - $995 (Remodeled & Promot...2BR,1.5BA$1.11

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

Explore Lebanon, KY Rentals by Map

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Getting Around Lebanon, KY

Walk Score®

30 / 100

Car-Dependent

Most errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

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

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 $895 at Town Pointe 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 $949 at Arrowhead Ranch.

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 $1,198.

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.

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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.