Cheap Apartments for Rent in Lebanon, NH from $600 (31 Rentals)

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

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.

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 56 Lantern Ln

$1,650 - $1,750

2 Bedroom Rentals

Available Jul 24

56 Lantern Ln

HartfordVT05001
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Anne's Place
1 to 3 Bedroom Apartments

Anne's Place

309 US-4Enfield, NH 03748
  • Utilities Included
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388 South Main Street
1 to 2 Bedroom Apartments

388 South Main Street

388 S Main StWhite River Junction, VT 05001
  • Utilities Included
  • Smoke Free

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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Overlook House
1 to 3 Bedroom Apartments

Overlook House

36 Overlook StWhite River Junction, VT 05001
  • Utilities Included
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Tracy Community Housing
1 to 2 Bedroom Apartments

Tracy Community Housing

14 Tracy StWest Lebanon, NH 03784
  • Utilities Included
  • Smoke Free
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The Briars
2 Bedroom Apartments

The Briars

647-649 Bugbee StWhite River Junction, VT 05001
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49 Sargent St
1 Bedroom Apartments

49 Sargent St

49 Sargent StWhite River Junction, VT 05001
  • Smoke Free

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.

property at 15 Highland Ave

$1,800

2 Bedroom, 1 Bath Home for Rent

Available Now

15 Highland Ave

ClaremontNH03743

Lebanon, NH Local Guide

Cheapest Available Lebanon Apartments for Rent

 

The cheapest available apartment rental in Lebanon, NH is a 2 Beds unit found at Gile Hill Rental Community priced from $1,123. 241 S Main St has the second lowest priced unit, which is a Studio apartment currently listed from $1,290. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gile Hill Rental Community2 Beds, 1 bath2BR,1BA$1,123
241 S Main StStudioStudio,1BA$1,290
75 Bank StStudio1BR,1BA$1,440
Timberwood CommonsBayStudio,1BA$1,824
The Marek SouthA1J-P1BR,1BA$2,428
Stone FarmPine2BR,1BA$2,585
38 Hillcrest Ter2 Beds, 1 bath2BR,1BA$2,600
Prospect Hills3 Bed 1 Bath3BR,1BA$3,150

Best Value Apartments for Rent in Lebanon, NH

As of May 16, 2026 the best value apartment in the Lebanon area is the $2.12 price per square foot 3 Bed 1 Bath Model at Prospect Hills in the starting from $3,150. The second greatest value Lebanon apartment is the Studio Model at 75 Bank St starting at $1,440 with a $1.20 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.
Prospect Hills3 Bed 1 Bath3BR,1BA$2.12
75 Bank StStudio1BR,1BA$1.20
Timberwood CommonsHickory2BR,2BA$2.48
Stone FarmOak2BR,1BA$3.13
7 Wells St7 Wells St2BR,1BA$2.33
The Marek SouthA1J1BR,1BA$4.89
241 S Main StStudioStudio ,1BA$2.81

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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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.

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

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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 241 S Main St listed at $1,290.

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

The lowest price for a Cheap One Bedroom Lebanon Apartment is $1,440 at 75 Bank St.

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 $1,123 at Gile Hill Rental Community.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.