Cheap Apartments for Rent in Lebanon, OH from $700 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Lebanon.

Williamsburg of Lebanon Apartments

Cedar Ridge Apartments

American Village Apartments
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.

Founders Landing

Arbors of Lebanon

Cedars at Rivers Bend
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.

1010 N University Blvd

347 Huddleson Ave

240 S Mary Ellen St

1056 N University Blvd
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.
Lebanon, OH Local Guide

How much does it cost to rent an apartment in Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lebanon 1 Bedroom Apartments | $1,492 | $965 | $1,820 |
| Cheap Lebanon 2 Bedroom Apartments | $2,137 | $1,125 | $3,275 |
| Cheap Lebanon 3 Bedroom Apartments | $2,227 | $1,340 | $2,790 |
Browse Top Apartments in Lebanon
See all Apartments in LebanonExplore Lebanon
Lebanon, OH Local Guide
- Lebanon Neighborhoods
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Cheapest Neighborhoods for Apartments in Lebanon, OH
Pricing Updated: 01/01/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Lakeside Landing | $6,500 | $1,425 | 8 |
Cheapest Available Lebanon Apartments for Rent
 The cheapest available apartment rental in Lebanon, OH is a 1 Bed unit found at Village West in the Lakeside Landing neighborhood priced from $965. Williamsburg of Lebanon Apartments in the Lakeside Landing neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here is today’s list of the most affordable Lebanon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village West | 1x1 500 | 1BR,1BA | $965 |
| Williamsburg of Lebanon Apartments | 1x1 650 | 1BR,1BA | $1,075 |
| Cedars at Rivers Bend | A3 | 1BR,1BA | $1,167 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,195 |
| American Village Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Lebanon, OH
As of January 01, 2026 the best value apartment in the Lebanon area is the $1.16 price per square foot 2 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 Meadowood Model at Redwood South Lebanon starting at $2,257 with a $1.70 price per square foot in the Thornton Grove neighborhood. 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. |
|---|---|---|---|
| 42 Flats | 2 Bed / 3 Bath | 2BR,3BA | $1.16 |
| Redwood South Lebanon | Meadowood | 2BR,2BA | $1.70 |
| Hunters Run | Meadowlark | 3BR,2BA | $1.16 |
| American Village Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.09 |
| Arbors of Lebanon | Drakewood Plus | 2BR,1BA | $1.45 |
| Cedars at Rivers Bend | B1 | 2BR,2BA | $1.62 |
| Cedar Ridge Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.41 |
| Water's Bend | Cedar | 1BR,1BA | $1.71 |
| 10 Highland Ave, Unit 6 | 10 Highland Ave | 2BR,1BA | $1.43 |
| Williamsburg of Lebanon Apartments | 1x1 650 | 1BR,1BA | $1.65 |
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 ArticleThe 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.
Read ArticleCash 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.
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.
Best Local Schools in Lebanon, OH
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lebanon, OH Rentals by Map
See the most popular apartments and homes in Lebanon, OH
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 $965 at Village West.
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 $1,145 at Village West.
What is the most affordable Lebanon Three Bedroom Apartment?
The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Hunters Run and starts from $1,340.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




