Cheap Apartments for Rent in Lebanon, ME from $700 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 425 Carl Broggi Hwy

$1,825

Total Monthly Price

Total Monthly Price

Base Rent
$1,825

Total Monthly Price
$1,825

2 Bedroom, 1 Bath Condo for Rent

Available Now

425 Carl Broggi Hwy, Unit 1

425 Carl Broggi Hwy
LebanonME04027

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.

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.

close
View Me
Linden Apartments
1 to 2 Bedroom Apartments

Linden Apartments

6 Linden AveSanford, ME 04073
Senior Living

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

close
View Me
Crosshill Housing
1 to 2 Bedroom Apartments

Crosshill Housing

1 Marthas WayDover, NH 03820
  • Utilities Included
property at 28 Chestnut St

$1,650

2 Bedroom, 1 Bath Townhome for Rent

Available Now

28 Chestnut St

RochesterNH03867
close
View Me
15 Back River Rd
1 to 2 Bedroom Apartments

15 Back River Rd

15 Back River RdDover, NH 03820

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.

close
View Me
Goodall Place
2 Bedroom Apartments

Goodall Place

933 Main StSanford, ME 04073
Corporate Housing
  • 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.

Lebanon, ME Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, ME is a 1 Bed unit found at Cummings Mill in the Crocketts Crossings neighborhood priced from $1,450. Winchester Arms in the Crocketts Crossings neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cummings Mill1 Bedroom1BR,1BA$1,450
Winchester Arms1 - C1BR,1BA$1,550
Nasson in the Pines | Fobes Hall1BR/1.0BA1BR,1BA$1,650
Sanford Pointe38 Patriots Ln #38092BR,1BA$1,700
Floral Gardens Apartments1 Bedroom1BR,1BA$1,795
Lilac & Monument GardenLilac 2 Bedroom 2 Baths2BR,2BA$1,825
Clark Brook Apartments1 BD1BR,1BA$1,850
Lofts on the LeveeStudio w/ Bed Nook Floor Plan B | Lofts SouthStudio,1BA$1,895
Country Brook Estates2BR/1BA - TC - R - 60%2BR,1BA$1,903
The Edge at Berwick - 8 Main Street1BR/1.0BA1BR,1BA$1,925

Best Value Apartments for Rent in Lebanon, ME and Nearby

As of June 23, 2026 the best value apartment in the Lebanon area is the $1.72 price per square foot 3BR2.5BA Model at Highfield Commons in the in the South Rochester neighborhood starting from $2,886. The second greatest value Lebanon apartment is the Brand New Townhomes! End Unit 3 Bedroom 2 Bath ... Model at Bayberry Commons starting at $3,450 with a $2.26 price per square foot in the South Rochester 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.
Highfield Commons3BR2.5BA3BR,2.5BA$1.72
Bayberry CommonsBrand New Townhomes! End Unit 3 Bedroom 2 Bath ...3BR,2.5BA$2.26
3 Kimball St, Unit #23 Kimball St4BR,1BA$1.63
Paul's PlaceTwo-Floor Over Garden3BR,2BA$2.12
Sanford Pointe38 Patriots Ln #38042BR,1BA$1.42
The Residences at Spaulding Place- Large Updated 2 Bedroom with W/D Hook Ups2BR,1BA$1.82
Lilac & Monument GardenMonument 2 Bedroom 2 Bathroom2BR,2BA$2.19
Residences at Cocheco River2 Bedroom 2 Bath w/ BALCONY - Dover, NH2BR,2BA$2.10
The Plains2BR1BA2BR,1BA$2.29
Cummings Mill1 Bedroom1BR,1BA$2.06

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, ME Rentals by Map

View Map
Lebanon, ME Apartments Map
View Map
Lebanon, ME 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 Lofts on the Levee listed at $1,895.

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

The lowest price for a Cheap One Bedroom Lebanon Apartment is $1,450 at Cummings Mill.

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 $1,700 at Sanford Pointe.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Paul's Place and starts from $2,750.

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 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.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.