Cheap Apartments for Rent in Lebanon, KY from $400 (18 Rentals)

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

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.

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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.

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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.

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Showing Results 1-18, Page 1 of 1

Lebanon, KY Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, KY is a 1 Bed unit found at Meadow Pointe Apartments priced from $729. 464 Springfield Rd has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadow Pointe ApartmentsMeadow Pointe 1 BR1BR,1BA$729
464 Springfield Rd2-Bedroom2BR,2BA$925
Towne Commons Apartments2 Beds, 2 baths2BR,2BA$975
BlackBranch Apartments2 Bedroom2BR,2BA$999
Robinbrooke Crossings2bds2BR,2BA$1,000

Best Value Apartments for Rent in Lebanon, KY and Nearby

As of June 19, 2025 the best value apartment in the Lebanon area is the $0.98 price per square foot 3x2 Model at Claysville Landing Apartment Suites in the starting from $1,325. The second greatest value Lebanon apartment is the 2 Bedroom | 2 Bath Model at Tanyard Park starting at $1,225 with a $1.03 price per square foot in the South Side 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.
Claysville Landing Apartment Suites3x23BR,2BA$0.98
Tanyard Park2 Bedroom | 2 Bath2BR,2BA$1.03
Towne Commons Apartments3 Beds, 2 baths3BR,2BA$0.95
BlackBranch Apartments2 Bedroom2BR,2BA$0.87
Woodland PointeSummer Special2BR,2.5BA$1.14
Parks at Vine2 Bed, Type B2BR,2BA$1.12
Woodlawn Estates2 Beds, 1 Baths2BR,1BA$1.12
Robinbrooke Crossings2bds2BR,2BA$1.00
464 Springfield Rd2-Bedroom2BR,2BA$1.03
Meadow Pointe ApartmentsMeadow Pointe 1 BR1BR,1BA$1.08

Quick Rent Budget Calculator

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

Explore Lebanon, KY Rentals by Map

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See the most popular apartments and homes in Lebanon, KY

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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

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

The lowest price for a Cheap One Bedroom Lebanon Apartment is $729 at Meadow 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 $829 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 Towne Commons Apartments and starts from $1,123.

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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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.

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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.

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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.

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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.