Cheap Apartments for Rent near Lebanon, NE from $500 (49 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 2703 W 24th St

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

3 Bedroom, 1.5 Bath Home for Rent

Available Now

2703 W 24th St

KearneyNE68845

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Pine Village
3 Bedroom Apartments

Pine Village

610 School StRexford, KS 67753
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Vintage Rows
2 Bedroom Apartments

Vintage Rows

1210 Liberty DrLexington, NE 68850
Senior Living
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Bel Apartments
Studio to 2 Bedroom Apartments

Bel Apartments

204 W 6th StLexington, NE 68850
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611 Tri-Plex
2 to 4 Bedroom Apartments

611 Tri-Plex

611 W 25th StKearney, NE 68845
Student Housing
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Iron Horse Flats
Studio to 3 Bedroom Apartments

Iron Horse Flats

201 West AveHoldrege, NE 68949
Corporate Housing
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535 Flats
Studio to 4 Bedroom Apartments

535 Flats

535 N Minden AveMinden, NE 68959
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North Adams Flats
2 to 3 Bedroom Apartments

North Adams Flats

2100 N Adams StLexington, NE 68850
  • Utilities Included
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The Logan on 11th
1 to 3 Bedroom Apartments

The Logan on 11th

1103 11th AveHoldrege, NE 68949

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.

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Showing Results 1-49, Page 1 of 1

Lebanon, NE Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, NE is a 2 Beds unit found at Westside priced from $615. Lakeside has the second lowest priced unit, which is a 2 Beds apartment currently listed from $730. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westside2 Bed 1 Bath2BR,1BA$615
Lakeside2 Bed 1.5 Bath2BR,1BA$730
Kelley Creek2 Bed 1.5 Bath2BR,1BA$900
Allura Gardens ApartmentsOne Bedroom One Bathroom1BR,1BA$950
HANGAR 55 AT THEATRE DISTRICTTetonStudio,1BA$965
Prairie Heights ApartmentsThe Phillips1BR,1BA$979
6th Dimension Apartments2 Bedroom2BR,1BA$995
Cross Creek Apartments1 Bed, 1 Bath1BR,1BA$999
Pacific Place Apartments1 Bed 1 Bath1BR,1BA$1,000
South Platte Terrace Apartments2 Bedroom2BR,1BA$1,020

Best Value Apartments for Rent in Lebanon, NE and Nearby

As of July 29, 2026 the best value apartment in the Lebanon area is the $1.27 price per square foot 2 Bed, 2 Bath Model at Residences at Oak Pointe in the starting from $1,399. The second greatest value Lebanon apartment is the Three Bedroom Two Bath Model at Village at Kearney Apartments starting at $1,050 with a $1.01 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.
Residences at Oak Pointe2 Bed, 2 Bath2BR,2BA$1.27
Village at Kearney ApartmentsThree Bedroom Two Bath3BR,2BA$1.01
Pacific HeightsThe Riverside2BR,2BA$1.34
6th Dimension Apartments2 Bedroom2BR,1BA$1.10
Cedar Ridge2 Bed 2 Bath2BR,2BA$1.20
Kelley Creek2 Bed 1.5 Bath2BR,1.5BA$1.02
Lakeside2 Bed 1 Bath2BR,1BA$1.06
Westside2 Bed 1 Bath2BR,1BA$0.74
South Platte Terrace Apartments2 Bedroom2BR,1BA$1.25
Cross Creek Apartments1 Bed, 1 Bath1BR,1BA$1.34

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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.

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

Explore Lebanon, NE Rentals by Map

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See the most popular apartments and homes in Lebanon, NE

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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 HANGAR 55 AT THEATRE DISTRICT listed at $965.

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

The lowest price for a Cheap One Bedroom Lebanon Apartment is $950 at Allura Gardens Apartments.

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 $615 at Westside.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Village at Kearney Apartments and starts from $1,050.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.