Cheap Homes for Rent in Lebanon, ME from $1,300 (10 Rentals)

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

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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.

Lebanon, ME Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, ME is a 2 Beds unit found at Sullivan School Apartments in the Crocketts Crossings neighborhood priced from $1,295. 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 ListingModel NameBed/BathPriced From
Sullivan School Apartments2 Beds, 1 bath2BR,1BA$1,295
Tara MeadowsStudio UpgradedStudio,1BA$1,298
McDuffee Brook Apartments2 Bedroom2BR,1BA$1,500

Best Value Apartments for Rent in Lebanon, ME and Nearby

As of June 09, 2025 the best value apartment in the Lebanon area is the $2.03 price per square foot 3 Bedroom Model at Green Hill Commons in the in the South Rochester neighborhood starting from $3,450. The second greatest value Lebanon apartment is the Highfield Commons Apartments Model at Highfield Townhome Available for Rent! starting at $2,850 with a $1.70 price per square foot in the Downtown 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.
Green Hill Commons3 Bedroom3BR,2.5BA$2.03
Highfield Townhome Available for Rent!Highfield Commons Apartments3BR,2.5BA$1.70
Half Peak PlaceTopaz-Open Kitchen and Dining Area3BR,2.5BA$1.90
Fownes Mill-Large Rooms-Heated Garage2BR/2.0BA2BR,2BA$1.81
Cummings Mill2 Beds, 2 baths2BR,2BA$1.64
Clark Brook Apartments3 BD3BR,1BA$2.05
Welcome Home to Norway Plains2 Bedroom End Unit with Balcony2BR,1BA$1.95
White Mountain Highway22 Lafayette Street2BR,1BA$1.80
Residences at Cocheco River2 Bedroom 1 Bath w/ NO BALCONY2BR,1BA$1.94
McDuffee Brook Apartments2 Bedroom2BR,1BA$2.00

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Frequently Asked Questions about Lebanon

What type of rentals are currently available in Lebanon?

There are currently 70 Apartments for Rent in Lebanon, ME with pricing that ranges from $770 to $3,450. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $1,395 to $10,000.

What is the current price range for Rental Homes in Lebanon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lebanon ranges from $1,395 to $10,000 with an average monthly rent of $3,885.

How much are larger Three and Four Bedroom Rentals in Lebanon?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lebanon range from $2,275 to $3,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,600. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $2,850.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.