Cheap Apartments for Rent in Lebanon, MO from $400 (31 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

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Montauk Studios
Studio Apartments

Montauk Studios

209 S Highway 63Licking, MO 65542
  • Utilities Included
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Wynnewood
Studio to 3 Bedroom Apartments

Wynnewood

3342 E Linwood StSpringfield, MO 65804
  • Utilities Included
Showing Results 1-31, Page 1 of 1

Lebanon, MO Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, MO is a Studio unit found at Osage Commons priced from $545. North Terrace Apartments in the Northeast neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Osage CommonsStudioStudio,1BA$545
North Terrace Apartments2 x 1 Small2BR,1BA$575
Forest Cove Apartments2x1 - Forest Cove2BR,1BA$625
Oak Place1 bedroom1BR,1BA$625
Eastview Apartments1 Bedroom1BR,1BA$740
Lombard Heights ApartmentsLombard 1 Bedroom, 1 Bathroom1BR,1BA$745
The Greens at SpringfieldClassic1BR,1BA$755
The Falcon of Southern HillsMicro StudioStudio,1BA$770
Stoneridge ApartmentsStoneridge 2 Bedroom, 2 Bathroom2BR,2BA$845
Deeswood Village ApartmentsThe Loft2BR,1BA$875

Best Value Apartments for Rent in Lebanon, MO and Nearby

As of September 14, 2025 the best value apartment in the Lebanon area is the $1.11 price per square foot 2 Bed, 2 Bath, 1 Car Garage Model at The Lodges at Logan Estates in the starting from $1,550. The second greatest value Lebanon apartment is the 2.1.5 (1,100) Model at Silver Springs starting at $975 with a $0.89 price per square foot in the Northeast 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.
The Lodges at Logan Estates2 Bed, 2 Bath, 1 Car Garage2BR,2BA$1.11
Silver Springs2.1.5 (1,100)2BR,1.5BA$0.89
Logan Heights2bd/2ba (mirrored, stackable washer/dryer)2BR,2BA$1.03
DrydenTwo Bedroom, 1.5 Bathroom Townhome - Renovated2BR,1.5BA$1.22
Meadowview Apartments2 bed 1.5 bath2BR,1.5BA$0.92
Deeswood Village ApartmentsThe Flat2BR,1BA$1.06
Stoneridge ApartmentsStoneridge 2 Bedroom, 2 Bathroom2BR,2BA$1.02
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
Lombard Heights ApartmentsLombard 1 Bedroom, 1 Bathroom1BR,1BA$1.15
Osage CommonsStudioStudio ,1BA$1.06

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Getting Around Lebanon, MO

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 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

What is the Cheapest Studio apartment in Lebanon?

Currently the most affordable Cheap Studio Apartment in Lebanon is at Osage Commons listed at $545.

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 Lombard Heights Apartments and starts from $945.

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 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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.