
Cheap Apartments for Rent in Lebanon, NH from $600 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Lebanon.


14 Elm St W

73 Church St

Total Monthly Price
18 Green St, Unit 2

24 Tracy St

137-139 N Main St

Hanover Place Residences

Timberwood Commons
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.

20 Wolf Rd

One Mechanic Street

30 Wolf Rd

Gile Hill Rental Community

241 S Main St

132 US-5

7 Wells St

43 Connecticut River Rd
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.

45 Main St

South Block

Total Monthly Price
2046 Hartford Ave., Unit 4

77-79 Christian St

Anne's Place

459 South Main Street Housing

The Village at Crafts Hill

52 Christian Street Housing
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.

388 South Main Street

Wentworth Community Housing

Overlook House

Tracy Community Housing

The Briars

792 Bunker Rd

14 Hamel Rd

49 Sargent St
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.

43 Piney Point Rd

25 Main St

48 Fairview Ter

54 Bonner Rd

619 Otter Rd

818 Covered Bridge Ln

96 Fairway Dr

702 Little Lake Sunapee Rd
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.

Seminary Hill

55 Black Duck Spur

43 Old Beach Cir

42 Pleasant Dr
Lebanon, NH Local Guide

How much does it cost to rent an apartment in Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lebanon Studio Apartments | $1,957 | $1,375 | $2,180 |
| Cheap Lebanon 1 Bedroom Apartments | $2,540 | $1,440 | $3,690 |
| Cheap Lebanon 2 Bedroom Apartments | $2,560 | $1,123 | $10,000+ |
| Cheap Lebanon 3 Bedroom Apartments | $3,063 | $2,800 | $3,405 |
| Cheap Lebanon 4 Bedroom Apartments | $3,200 | $3,200 | $3,200 |
Browse Top Apartments in Lebanon
See all Apartments in LebanonExplore Lebanon
Lebanon, NH Local Guide
- Nearby Cities
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Cheapest Available Lebanon Apartments for Rent
 The cheapest available apartment rental in Lebanon, NH is a Studio unit found at 241 S Main St priced from $1,290. 75 Bank St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,440. Here is today’s list of the most affordable Lebanon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 241 S Main St | Studio | Studio,1BA | $1,290 |
| 75 Bank St | Studio | 1BR,1BA | $1,440 |
| South Block | Studio | Studio,1BA | $1,750 |
| Timberwood Commons | Cedar | Studio,1BA | $2,065 |
| Hanover Place Residences | King Studio, 1 Bathroom | Studio,1BA | $2,100 |
| The Marek South | A1J | 1BR,1BA | $2,124 |
| Stone Farm | Birch | 2BR,1BA | $2,208 |
Best Value Apartments for Rent in Lebanon, NH
As of August 15, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Prospect Hills | 3 Bed 1 Bath | 3BR,1BA | $2.12 |
| 75 Bank St | Studio | 1BR,1BA | $1.20 |
| Emerson Place Apartments | Melville | 2BR,2BA | $2.74 |
| Anagnost Upper Valley, LLC/Altaria | 2BD/2BA/MKT | 2BR,2BA | $2.50 |
| Treetops | 2 Beds, 2 Baths | 2BR,2BA | $3.28 |
| Stone Farm | Oak | 2BR,1BA | $2.65 |
| 18 Green St, Unit 2 | 18 Green St | 1BR,1BA | $2.30 |
| 7 Wells St | 7 Wells St | 2BR,1BA | $2.33 |
| 241 S Main St | Studio | Studio ,1BA | $2.22 |
| Timberwood Commons | Cedar | Studio ,1BA | $3.59 |
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 ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lebanon, NH Rentals by Map
See the most popular apartments and homes in Lebanon, NH
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 $2,208 at Stone Farm.
What is the most affordable Lebanon Three Bedroom Apartment?
The best deal on a cheap Lebanon Three Bedroom Apartment rental is at 38 Hillcrest Ter and starts from $2,800.
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

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.

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.

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.

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.