Cheap Apartments for Rent near Lebanon, KY from $400 (29 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
Buckingham Apartments
1 to 3 Bedroom Apartments

Buckingham Apartments

900 David CtElizabethtown, KY 42701
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
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
close
View Me
464 Springfield Rd
2 Bedroom Apartments

464 Springfield Rd

464 Springfield RdElizabethtown, KY 42701
Student Housing
  • Utilities Included
close
View Me
Tyler Park Apartments
1 to 3 Bedroom Apartments

Tyler Park Apartments

1103 Lewis DrElizabethtown, KY 42701
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
Showing Results 1-29, 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 $759. Town Pointe Apartments in the Nelson County neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. 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$759
Town Pointe ApartmentsStudioStudio,1BA$795
Woodside Townhomes2 Bedroom Townhome2BR,1BA$850
Breckenridge Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$899
Tyler Park ApartmentsDuplex - Unrenovated1BR,1BA$950
Autovilla TownhomesAutovilla - 2/1.5 TH (Not Remodeled)2BR,1BA$995
BlackBranch Apartments2 Bedroom2BR,2BA$999
Buckingham Apartments15-R2BR,1BA$1,025
120-122 Scotch Ct3 Bedroom3BR,1BA$1,095
Arrowhead RanchRHP2BR,2BA$1,099

Best Value Apartments for Rent in Lebanon, KY and Nearby

As of August 15, 2026 the best value apartment in the Lebanon area is the $0.90 price per square foot 2+2 Model at Arlington Park Apartments in the starting from $1,120. The second greatest value Lebanon apartment is the The Dream Model at Green River Lake Commons starting at $1,144 with a $0.94 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.
Arlington Park Apartments2+22BR,2BA$0.90
Green River Lake CommonsThe Dream3BR,2BA$0.94
Tanyard Park2 Bedroom | 2 Bath2BR,2BA$0.92
Claysville Landing Apartment Suites2x22BR,2BA$0.92
Winding Springs2 Bedrooms Apartments2BR,2BA$1.09
Parks at Vine3 Bed3BR,2BA$1.12
BlackBranch Apartments2 Bedroom2BR,2BA$0.87
120-122 Scotch Ct3 Bedroom3BR,1BA$1.00
Woodside Townhomes2 Bedroom Townhome2BR,1.5BA$0.81
Breckenridge Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.94

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Lebanon, KY Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lebanon, KY

View Map
Lebanon, KY Apartments Map
View Map
Lebanon, KY Rental Homes Map

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 $759 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 $850 at Woodside Townhomes.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at 120-122 Scotch Ct and starts from $1,095.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.