Cheap Apartments for Rent in Lebanon, OH from $700 (11 Rentals)

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

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.

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Bellflower Apartments
Studio to 2 Bedroom Apartments

Bellflower Apartments

1065 E Main StLebanon, OH 45036
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Kings View Apartments
1 to 2 Bedroom Apartments

Kings View Apartments

1500 Parkside LnMason, OH 45040
  • Utilities Included

Lebanon, OH Local Guide

Cheapest Neighborhoods for Apartments in Lebanon, OH

Pricing Updated: 07/30/2025

Current apartment rentals in the Lebanon, OH area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lebanon Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lakeside Landing$1,860$96510

Cheapest Available Lebanon Apartments for Rent

 

The cheapest available apartment rental in Lebanon, OH is a 1 Bed unit found at Cedars at Rivers Bend in the Regency Park neighborhood priced from $1,167. Arbors of Lebanon in the Lakeside Landing neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,486. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedars at Rivers BendA31BR,1BA$1,167
Arbors of LebanonConcord Plus2BR,2BA$1,486
Deerfield Crossing ApartmentsThe Fawn - Renovated2BR,1BA$1,499
Mason GrandArbor II1BR,1BA$1,500
Pimlico Pointe1 Bed 1 Bath (A1)1BR,1BA$1,550

Best Value Apartments for Rent in Lebanon, OH

As of July 30, 2025 the best value apartment in the Lebanon area is the $1.16 price per square foot 3 Bed / 3 Bath Model at 42 Flats in the in the Lakeside Landing neighborhood starting from $1,860. The second greatest value Lebanon apartment is the 2 Bed 2 Bath Den Single-Family (SF-D1) Model at Pimlico Pointe starting at $3,275 with a $2.48 price per square foot in the Thorngate at Windemere The Hamptons neighborhood. 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.
42 Flats3 Bed / 3 Bath3BR,3BA$1.16
Pimlico Pointe2 Bed 2 Bath Den Single-Family (SF-D1)2BR,2BA$2.48
Water's BendElm2BR,2BA$1.58
Arbors of LebanonConcord Plus2BR,2BA$1.38
Cedars at Rivers BendB12BR,2BA$1.62
Deerfield Crossing ApartmentsThe Fawn - Renovated2BR,1BA$1.83
Mason GrandArbor II1BR,1BA$1.96

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Getting Around Lebanon, OH

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lebanon Apartments

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

The lowest price for a Cheap One Bedroom Lebanon Apartment is $1,167 at Cedars at Rivers Bend.

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 $1,392 at Cedars at Rivers Bend.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at 42 Flats and starts from $1,860.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.