Cheap Apartments for Rent near Lebanon, OK from $400 (47 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Shaw House
Rent Specials
$954 - $2,416
Total Monthly Price

Total Monthly Price

Base Rent
$954 - $2,416
Total Monthly Price
$954 - $2,416
1 to 3 Bedroom Apartments Available Now

Shaw House

2300 North Friendship RdSherman, TX 75092
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Birchway Sherman
$960 - $1,616
Total Monthly Price

Total Monthly Price

Base Rent
$960 - $1,616
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Birchway Sherman

601 Graham DrSherman, TX 75092
Student Housing
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Aspire at Sherman
Rent Specials
$999 - $1,769
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,769
Total Monthly Price
$999 - $1,769
Studio to 2 Bedroom Apartments Available Now

Aspire at Sherman

1111 Gallagher DrSherman, TX 75090
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Ridgeview
1 to 3 Bedroom Apartments

Ridgeview

1800 W Washington StSherman, TX 75092
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Huntington Falls
1 to 3 Bedroom Apartments

Huntington Falls

1201 L St NEArdmore, OK 73401

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.

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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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Peppertree Townhomes
1 to 2 Bedroom Apartments

Peppertree Townhomes

1900 W TaylorSherman, TX 75092
  • Utilities Included

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.

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The Heights
1 to 2 Bedroom Apartments

The Heights

4501 W University BlvdDurant, OK 74701
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Showing Results 1-47, 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 Heritage Park/Lakeview Park Apartments priced from $484. Parkdale Villas in the Country Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $487. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Park/Lakeview Park ApartmentsA11BR,1BA$484
Parkdale Villas1 Bedroom1BR,1BA$487
RidgeviewA11BR,1BA$645
RIVER RANCH APARTMENTSB12BR,1BA$728
Archer Village ApartmentsEfficiency/StudioStudio,1BA$750
Easton ParcE1Studio,1BA$764
Northside on TravisA11BR,1BA$780
Country Village ApartmentsA1H1BR,1BA$791
CreekviewA11BR,1BA$796
Parks on Taylor Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$799

Best Value Apartments for Rent in Lebanon, OK and Nearby

As of August 19, 2026 the best value apartment in the Lebanon area is the $1.13 price per square foot 4 Bed, 1 Bathroom Model at Blue Sky Apartments in the starting from $1,250. The second greatest value Lebanon apartment is the 2x2 Model at Abbington Junction of Pottsboro Apartments starting at $1,125 with a $1.10 price per square foot in the Country Ridge 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.
Blue Sky Apartments4 Bed, 1 Bathroom4BR,1BA$1.13
Abbington Junction of Pottsboro Apartments2x22BR,2BA$1.10
Northridge Villas2 Bedroom 1 Bath2BR,1BA$1.02
Huntington Falls2B60-12BR,2BA$1.08
RIVER RANCH APARTMENTSB12BR,1BA$0.92
Lakeshore LandingTwo Bedroom 1.5 Bath2BR,1.5BA$1.11
RidgeviewB12BR,1BA$1.00
CreekviewA11BR,1BA$1.04
Parkdale Villas1 Bedroom1BR,1BA$0.64
Heritage Park/Lakeview Park ApartmentsA11BR,1BA$0.67

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!

Explore Lebanon, OK Rentals by Map

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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 $484 at Heritage Park/Lakeview Park Apartments.

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 $578 at Heritage Park/Lakeview Park Apartments.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Heritage Park/Lakeview Park Apartments and starts from $660.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.