Cheap Homes for Rent in Lebanon, ME from $500 (5 Rentals)

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

property at 289 Applebee Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Townhome for Rent

Available Now

289 Applebee Rd, Unit Unit 2

289 Applebee Rd
MiltonNH03852

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.

property at 93 Henry Law Ave

$1,550 - $1,600

Studio To 1 Bedroom Rentals

Available Apr 7

93 Henry Law Ave

DoverNH03820

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.

Lebanon, ME Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, ME is a Studio unit found at Tara Meadows in the Crocketts Crossings neighborhood priced from $1,298. Winchester Arms in the Crocketts Crossings neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tara MeadowsStudio UpgradedStudio,1BA$1,298
Winchester ArmsS - CStudio,1BA$1,400
McDuffee Brook Apartments2 Bedroom2BR,1BA$1,500

Best Value Apartments for Rent in Lebanon, ME and Nearby

As of March 11, 2026 the best value apartment in the Lebanon area is the $1.84 price per square foot Modern Townhouse in GREAT Commuter Location wit... Model at Amy's Commons in the in the Crocketts Crossings neighborhood starting from $2,950. The second greatest value Lebanon apartment is the Jefferson Typical Model at Jefferson Court starting at $2,950 with a $1.84 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Amy's CommonsModern Townhouse in GREAT Commuter Location wit...2BR,1.5BA$1.84
Jefferson CourtJefferson Typical2BR,1.5BA$1.84
Half Peak PlaceTopaz-Closed In Office3BR,2.5BA$1.90
Highfield Townhome Available for Rent!3BR2BA3BR,2BA$1.86
Portland PlacePortland 2 Bedroom 1.5 Bathroom2BR,1.5BA$1.96
Chapel Court15 Mechanic St Townhouse2BR,1.5BA$1.96
Paul's PlaceTwo-Floor Over Garden3BR,2BA$2.12
Sanford Pointe38 Patriots Ln #38042BR,1BA$1.42
The Residences at Spaulding Place, Large 2 bed 1 bath modern apartment with W/D Hook ups.2 Bed 1 bath Modern Apartment with Balcony & W/...2BR,1BA$1.95
McDuffee Brook Apartments2 Bedroom2BR,1BA$2.00

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.

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The 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.

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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.

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

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Frequently Asked Questions about Lebanon

What type of rentals are currently available in Lebanon?

There are currently 82 Apartments for Rent in Lebanon, ME with pricing that ranges from $765 to $4,920. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $500 to $6,200.

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 $500 to $6,200 with an average monthly rent of $3,104.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.