Cheap Apartments for Rent in Lebanon, OK from $400 (40 Rentals)

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

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23Hundred Apartments
1 to 2 Bedroom Apartments

23Hundred Apartments

2300 W Taylor StSherman, TX 75092
  • Utilities Included
property at 500 First St

500 First St

KingstonOK73439
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Concord Village
1 to 3 Bedroom Apartments

Concord Village

820 N Sam Rayburn FwySherman, TX 75090
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806 N Washington St
2 Bedroom Apartments

806 N Washington St

806 N Washington StArdmore, OK 73401
  • Utilities Included
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Hyde Park II
1 to 2 Bedroom Apartments

Hyde Park II

2901 Loy Lake RdDenison, TX 75020
Corporate Housing
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Peppertree Townhomes
1 to 2 Bedroom Apartments

Peppertree Townhomes

1900 W TaylorSherman, TX 75092
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Showing Results 1-40, Page 1 of 1

Lebanon, OK Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, OK is a 1 Bed unit found at Parkdale Villas in the Country Ridge neighborhood priced from $487. Blue Sky Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkdale Villas1 Bedroom1BR,1BA$487
Blue Sky ApartmentsStudioStudio,1BA$650
23Hundred Apartments1 Bedroom 1 Bathroom1BR,1BA$749
Archer Village ApartmentsEfficiency/StudioStudio,1BA$750
Country Village ApartmentsA1H1BR,1BA$792
Northridge Villas1 Bedroom1BR,1BA$795
RIVER RANCH APARTMENTSA11BR,1BA$796
RaintreeA21BR,1BA$835
Easton ParcA31BR,1BA$859
Turtle Creek Apartments ShermanA1C-1x11BR,1BA$859

Best Value Apartments for Rent in Lebanon, OK and Nearby

As of November 13, 2025 the best value apartment in the Lebanon area is the $1.08 price per square foot C1 Phase 2 Model at Residence at Gateway Village in the in the Country Ridge neighborhood starting from $1,425. The second greatest value Lebanon apartment is the B2 Model at Haven Apartments starting at $1,386 with a $1.16 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.
Residence at Gateway VillageC1 Phase 23BR,2BA$1.08
Haven ApartmentsB22BR,2BA$1.16
CreekviewB22BR,2BA$1.14
Huntington Falls3B60-13BR,2BA$1.05
Turtle Creek Apartments ShermanB2R-duplex2BR,2BA$1.28
High Meadow Apartments2 Bedroom, 2 Bathroom2BR,2BA$1.19
Lakeshore LandingTwo Bedroom 1.5 Bath2BR,1.5BA$1.11
Parkdale Villas1 Bedroom1BR,1BA$0.64
Northridge Villas1 Bedroom1BR,1BA$1.10
Blue Sky ApartmentsStudioStudio ,1BA$1.27

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Pet Friendly Lifestyle
Lebanon, OK

Ranked #25

Among cities in Oklahoma for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 Blue Sky Apartments listed at $650.

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

The lowest price for a Cheap One Bedroom Lebanon Apartment is $487 at Parkdale Villas.

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 $581 at Parkdale Villas.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Parkdale Villas and starts from $676.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.