Cheap Homes for Rent in Lebanon, NJ from $1,500 (9 Rentals)

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Search the lowest-cost Homes 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.

Lebanon, NJ Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, NJ is a 1 Bed unit found at Apartments at Three Bridges priced from $1,228. Railroad Manor 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 ListingModel NameBed/BathPriced From
Apartments at Three Bridges1 Bedroom1BR,1BA$1,228
Railroad Manor1 Bedroom, 1 Bathroom1BR,1BA$1,440
Park Hill Apartments1 Br/1Ba1BR,1BA$1,484

Best Value Apartments for Rent in Lebanon, NJ and Nearby

As of June 11, 2026 the best value apartment in the Lebanon area is the $2.45 price per square foot Three Bedroom Luxury Townhomes Model at North Branch Walk Luxury Rentals in the starting from $3,995. The second greatest value Lebanon apartment is the $2.21/sq.ft. - Two Bedroom with Den Deluxe Model at Stone Bridge at Raritan starting at $3,095 with a $2.06 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.
North Branch Walk Luxury RentalsThree Bedroom Luxury Townhomes3BR,3.5BA$2.45
Stone Bridge at Raritan$2.21/sq.ft. - Two Bedroom with Den Deluxe2BR,2BA$2.06
Mews at Annandale TownhomesTwo Bedroom 2 Bath Townhome - 1,226 sqft2BR,2BA$2.25
The Willows at Flemington Junction North2 Bedroom2BR,1BA$1.39
Bridgewater Square, One Month Free!Princeton2BR,2BA$2.25
Enclave at RaritanB1.12BR,2BA$2.50
The Village Green at Annandale2 Bedroom 1 Bathroom 9722BR,1BA$1.90
Apartments at Three Bridges2 Bedroom2BR,1BA$1.58
Parkside ApartmentsOne Bedroom One Bathroom1BR,1BA$2.27
Railroad Manor1 Bedroom, 1 Bathroom1BR,1BA$2.06

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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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 48 Apartments for Rent in Lebanon, NJ with pricing that ranges from $1,228 to $5,324. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $1,500 to $9,000.

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 $9,000 with an average monthly rent of $3,515.

How much are larger Three and Four Bedroom Rentals in Lebanon?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lebanon range from $1,670 to $5,025, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,400 to $4,800. Four Bedroom Single-Family rentals are also available starting from $3,800 and Four Bedroom Apartments start at $4,195.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.