
Cheap Apartments for Rent in Lebanon, ME from $700 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Lebanon.


Crosshill Housing

Granite Village

Sullivan School Apartments

Tara Meadows

Winchester Arms
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.

Royal Oak Apartments

The Rapids

Orpheum Apartments

1 Torr Ave

150 N Main St

3A Tri Echo Ln
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.

15 Cricket Brook

37 Cottage St

6 Dawson St

33 Payne St

1 Torr Ave
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.

178 River St

39 High St
Lebanon, ME Local Guide

How much does it cost to rent an apartment in Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lebanon Studio Apartments | $1,832 | $1,080 | $2,460 |
| Lebanon 1 Bedroom Apartments | $2,259 | $765 | $3,130 |
| Lebanon 2 Bedroom Apartments | $2,577 | $825 | $4,150 |
| Lebanon 3 Bedroom Apartments | $3,774 | $2,100 | $5,000 |
Browse Top Apartments in Lebanon
See all Apartments in LebanonExplore Lebanon
Lebanon, ME Local Guide
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Cheapest Available Lebanon Apartments for Rent and Nearby
 The cheapest available apartment rental in Lebanon, ME is a 1 Bed unit found at Linden Apartments priced from $765. Tara Meadows in the Crocketts Crossings neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,298. Here is today’s list of the most affordable Lebanon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Linden Apartments | 1 Bedroom | 1BR,1BA | $765 |
| Tara Meadows | Studio Upgraded | Studio,1BA | $1,298 |
| Sullivan School Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,300 |
| Winchester Arms | 1 - C | 1BR,1BA | $1,550 |
| Royal Oak Apartments | Deluxe One Bedroom | 1BR,1BA | $1,775 |
Best Value Apartments for Rent in Lebanon, ME and Nearby
As of November 01, 2025 the best value apartment in the Lebanon area is the $1.58 price per square foot 3BR2.5BA Model at Highfield Townhome Available for Rent! in the in the South Rochester neighborhood starting from $2,650. The second greatest value Lebanon apartment is the Jefferson Typical Model at Jefferson Court starting at $2,750 with a $1.72 price per square foot in the Crocketts Crossings neighborhood. Here is today’s list of the best values for Lebanon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Highfield Townhome Available for Rent! | 3BR2.5BA | 3BR,2.5BA | $1.58 |
| Jefferson Court | Jefferson Typical | 2BR,1.5BA | $1.72 |
| Half Peak Place | Topaz-Closed In Office | 3BR,2.5BA | $1.90 |
| Half Peak Ledges | Wildcat Townhome with open office | 3BR,2.5BA | $1.84 |
| Cummings Mill | 2 Beds, 2 baths | 2BR,2BA | $1.64 |
| Welcome Home to Norway Plains | 2 Bedroom End Unit with Balcony | 2BR,1BA | $1.95 |
| Redden Gardens - Dover NH | 2 BR Tax Credit | 2BR,1BA | $1.88 |
| Residences at Cocheco River | 2 Bedroom 1 Bath w/ NO BALCONY | 2BR,1BA | $1.94 |
| Goodall Place | 2 Bedroom | 2BR,1BA | $2.11 |
| 163 Autumn St, Unit C | 163 Autumn St | 1BR,1BA | $1.88 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lebanon, ME Rentals by Map
See the most popular apartments and homes in Lebanon, ME
Getting Around Lebanon, ME
Walk Score®
12 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 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 $765 at Linden 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 $825 at Linden Apartments.
What is the most affordable Lebanon Three Bedroom Apartment?
The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Sanford Pointe and starts from $2,100.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.



