Cheap Apartments for Rent in Lebanon, MO from $400 (33 Rentals)

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

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The Highlands
1 to 2 Bedroom Apartments

The Highlands

1525 Tower RdLebanon, MO 65536
  • Utilities Included
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Wyota Commons West
Studio Apartments

Wyota Commons West

2071 W Elm StLebanon, MO 65536
  • Utilities Included
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Wyota Commons
Studio Apartments

Wyota Commons

1221 Millcreek RdLebanon, MO 65536
  • Utilities Included

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Osage Commons
Studio to 1 Bedroom Apartments

Osage Commons

14175 Highway ZSt. Robert, MO 65584
  • Utilities Included
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Montauk Studios
Studio Apartments

Montauk Studios

209 S Highway 63Licking, MO 65542
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Wynnewood
1 Bedroom Apartments

Wynnewood

3342 E Linwood StSpringfield, MO 65804
  • Utilities Included

Lebanon, MO Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, MO is a 2 Beds unit found at North Terrace Apartments in the Northeast neighborhood priced from $575. Forest Cove Apartments in the Northeast neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Terrace Apartments2 x 1 Small2BR,1BA$575
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
Oak Place1 bedroom1BR,1BA$625
Eastview ApartmentsStudioStudio,1BA$650
Hillcrest 901 Bedroom1BR,1BA$695
The Greens at SpringfieldClassic1BR,1BA$735
English Village2 Bedroom, 1 Bathroom2BR,1BA$750
The WillowsStudioStudio,1BA$800
Greenway StudiosFurnished StudioStudio,1BA$805
Deeswood Village ApartmentsThe Flat2BR,1BA$875

Best Value Apartments for Rent in Lebanon, MO and Nearby

As of June 24, 2025 the best value apartment in the Lebanon area is the $1.30 price per square foot 3B Furnished George Model at Coryell Courts Apartments in the in the Northeast neighborhood starting from $1,850. The second greatest value Lebanon apartment is the 2 Bed, 2 Bath, 1 Car Garage Model at The Lodges at Logan Estates starting at $1,550 with a $1.11 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.
Coryell Courts Apartments3B Furnished George3BR,2BA$1.30
The Lodges at Logan Estates2 Bed, 2 Bath, 1 Car Garage2BR,2BA$1.11
Logan Heights2bd/2ba (large living room)2BR,2BA$0.96
Parkwood Apartments2 Beds, 2 Baths2BR,2BA$0.89
DrydenTwo Bedroom, 1.5 Bathroom Townhome - Renovated2BR,1.5BA$1.22
Deeswood Village ApartmentsThe Flat2BR,1.5BA$1.03
English Village2 Bedroom, 1 Bathroom2BR,1BA$0.91
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
Hillcrest 901 Bedroom1BR,1BA$1.06
The WillowsStudioStudio ,1BA$1.38

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

Explore Lebanon, MO Rentals by Map

View MapLebanon, MO Apartments MapView MapLebanon, MO Rental Homes Map

Getting Around Lebanon, MO

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Eastview Apartments listed at $650.

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

The lowest price for a Cheap One Bedroom Lebanon Apartment is $625 at Oak Place.

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 $575 at North Terrace Apartments.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at The Crossings at East Cherry and starts from $1,530.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.