
Cheap Homes for Rent in Lebanon, MO from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Lebanon.


613 Nelson Ct

1300 Brice St

579 S Krudwig Ave

210 N Pine St
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.

502 Apple St

32447 Odessa Dr

445 N Madison Ave

732 Bonaire Rd

1257 Evan
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.

639 W 4th St

306 Hyland Dr

33 Rocky Top Ridge Rd

1215 Glenridge St

1226 Lake Dr
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, MO Local Guide

How much does it cost to rent a home in Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lebanon 2 Bedroom Homes for Rent | $954 | $700 | $1,500 |
| Lebanon 3 Bedroom Homes for Rent | $1,496 | $750 | $2,500 |
| Lebanon 4 Bedroom Homes for Rent | $1,800 | $1,600 | $2,000 |
| Lebanon 5 Bedroom Homes for Rent | $2,326 | $2,000 | $2,530 |
Browse Top Homes for Rent in Lebanon
Explore Lebanon
Lebanon, MO Local Guide
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Cheapest Available Lebanon Apartments for Rent
 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Osage Commons | Studio | Studio,1BA | $545 |
| North Terrace Apartments | 2 x 1 Small | 2BR,1BA | $575 |
| Oak Place | 1 bedroom | 1BR,1BA | $625 |
| Forest Cove Apartments | 2x1 - Forest Cove | 2BR,1BA | $625 |
| Hillcrest 90 | 1 Bedroom | 1BR,1BA | $695 |
Best Value Apartments for Rent in Lebanon, MO
As of January 05, 2026 the best value apartment in the Lebanon area is the $0.97 price per square foot 3x2 Model at Summit Park in the starting from $1,595. The second greatest value Lebanon apartment is the Townhome Model at The Willows starting at $1,150 with a $0.96 price per square foot . 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. |
|---|---|---|---|
| Summit Park | 3x2 | 3BR,2BA | $0.97 |
| The Willows | Townhome | 2BR,1.5BA | $0.96 |
| Parkwood Apartments | 2 Beds, 2 Baths | 2BR,2BA | $0.89 |
| Meadowview Apartments | 2 Beds, 1.5 Baths | 2BR,1.5BA | $0.94 |
| English Village II | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.00 |
| Lombard Heights Apartments | Lombard 2 Bedroom, 2 Bathroom | 2BR,2BA | $0.99 |
| Deeswood Village Apartments | The Flat | 2BR,1BA | $1.06 |
| Stoneridge Apartments | Stoneridge 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.02 |
| English Village | 2 Bedroom, 1 Bathroom | 2BR,1BA | $0.96 |
| North Terrace Apartments | 2 x 1 Small | 2BR,1BA | $0.73 |
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.
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 ArticleCash 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.
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.
Best Local Schools in Lebanon, MO
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lebanon, MO Rentals by Map
See the most popular apartments and homes in Lebanon, MO
Frequently Asked Questions about Lebanon
What type of rentals are currently available in Lebanon?
There are currently 68 Apartments for Rent in Lebanon, MO with pricing that ranges from $400 to $3,265. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $600 to $2,530.
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 $600 to $2,530 with an average monthly rent of $1,487.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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!