Cheap Homes for Rent in Lebanon, NH from $1,500 (13 Rentals)

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

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.

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 16 Factory St

$2,000

3 Bedroom, 1 Bath Townhome for Rent

Available Now

16 Factory St

ClaremontNH03743

Lebanon, NH Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

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 $1,340. 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$1,340
75 Bank StStudio1BR,1BA$1,440
South BlockStudioStudio,1BA$1,450
Timberwood CommonsChestnut1BR,1BA$2,314

Best Value Apartments for Rent in Lebanon, NH and Nearby

As of January 24, 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
Emerson Place ApartmentsAlcott2BR,2BA$2.61
Stone FarmPine2BR,1BA$2.87
1 West St, Unit 11 West St3BR,1BA$3.47
Pet-friendly Apartments for Rent in Hartford, VT!1BR/1.0BA1BR,1BA$2.51
7 Wells St, Unit Apt 47 Wells St2BR,1BA$2.33
335 US-4, Unit A335 US-41BR,1BA$2.80
South BlockStudioStudio ,1BA$2.70
241 S Main St2 Bedroom2BR,1BA$3.54

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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The 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.

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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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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!

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Frequently Asked Questions about Lebanon

What type of rentals are currently available in Lebanon?

There are currently 67 Apartments for Rent in Lebanon, NH with pricing that ranges from $1,123 to $4,244. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $1,500 to $15,000.

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 $1,500 to $15,000 with an average monthly rent of $3,086.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.