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$1,0521 to 3 Bedroom Apartments Available Now
Queen Anne
142 E Elmore StLebanon, OR 97355
Cheap Apartments for Rent in Lebanon, OR from $300 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Lebanon.
747.5 E Grant St
LebanonOR97355
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$1,1951 Bedroom Apartments Available Jun 15
591 W Sherman St, Unit 8
591 W Sherman StLebanon, OR 97355
177 Center St
LebanonOR97355
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$1,220 - $2,088Studio to 2 Bedroom Apartments Available Now
McKinney Lane Apartments
2211 McKinney LnLebanon, OR 97355
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$1,305 - $1,5251 to 2 Bedroom Apartments Available Now
Parkside
300 Sand Ridge CtLebanon, OR 97355
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$1,3252 Bedroom Apartments Available Now
591 W Sherman St, Unit 6
591 W Sherman StLebanon, OR 97355
198 E Milton St
LebanonOR97355
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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$1,375 - $2,000
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,375 - $2,000
Total Monthly Price
Varies
Cascade Ridge
701 N 5th StLebanon, OR 97355
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$1,3952 Bedroom Apartments Contact Us For Availability
Parkview Manor Apartments
911 E Grant StLebanon, OR 97355
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$1,425 - $1,7251 to 2 Bedroom Apartments Contact Us For Availability
The Lodges
300 Boulder Falls DrLebanon, OR 97355
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$1,425 - $1,9951 to 3 Bedroom Apartments Available Now
Hickory Lake
305 E Airport RdLebanon, OR 97355
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$1,4452 Bedroom Apartments Available Now
Aspen Place Apartments
1956 S 2nd StLebanon, OR 97355
86 Weldwood Dr
LebanonOR97355
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Studio to 3 Bedroom Apartments
Applegate Landing Apartments
1875 Stoltz Hill RdLebanon, OR 97355
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Studio to 2 Bedroom Apartments
Carolina 100 Apartments
100 E Carolina StLebanon, OR 97355
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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2 to 3 Bedroom Apartments
Carolina Court
170 S 5th StLebanon, OR 97355
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Studio to 2 Bedroom Apartments
Monarch Apartments
525-671 S 12th StLebanon, OR 97355
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1 to 3 Bedroom Apartments
Z_Park Manor
42 Market StLebanon, OR 97355
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2 to 3 Bedroom Apartments
Edgewater Square
315 Wheeler StLebanon, OR 97355
560 W Ash St
LebanonOR97355
55 E St
LebanonOR97355
301 N Main St
LebanonOR97355
289 N Main St
LebanonOR97355
Cash 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.
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1 to 2 Bedroom Apartments
100 N 5th St
100 N 5th StLebanon, OR 97355
555 W Grant St
LebanonOR97355
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1 to 2 Bedroom Apartments
Franklin Commons
2180 Franklin StLebanon, OR 97355
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1 to 2 Bedroom Apartments
Lone Pine Place
100 Vaughan LnLebanon, OR 97355
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1 to 2 Bedroom Apartments
Mill Race Station
875 Village LoopLebanon, OR 97355
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2 Bedroom Apartments
Oakwood Terrace
900 S 10th StLebanon, OR 97355
212 Grove St
LebanonOR97355
540 W Maple St
LebanonOR97355
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.
530 Harrison St
LebanonOR97355
2607 S 7th St
LebanonOR97355
1047 S 10th St
LebanonOR97355
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2 Bedroom Apartments
311-325 E Dodge St
311 E Dodge StLebanon, OR 97355
254 Taylor St
LebanonOR97355
111 Jennings St
LebanonOR97355
3996 Linn Ave SE
AlbanyOR97322
2910 Railroad St SE
AlbanyOR97322
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.
Showing Results 1-40, Page 1 of 1
Lebanon, OR Local Guide
Main street in Lebanon by Barb Henry is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lebanon Studio Apartments | $1,352 | $1,220 | $1,440 |
| Cheap Lebanon 1 Bedroom Apartments | $1,373 | $1,052 | $1,640 |
| Cheap Lebanon 2 Bedroom Apartments | $1,568 | $1,150 | $2,088 |
| Cheap Lebanon 3 Bedroom Apartments | $1,995 | $1,995 | $1,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Lebanon
See all Apartments in LebanonExplore Lebanon
Lebanon, OR Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lebanon Apartments for Rent
The cheapest available apartment rental in Lebanon, OR is a 1 Bed unit found at Queen Anne priced from $1,052. McKinney Lane Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,220. Here is today’s list of the most affordable Lebanon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Queen Anne | One Bedroom - 60% | 1BR,1BA | $1,052 |
| McKinney Lane Apartments | Chestnut | Studio,1BA | $1,220 |
| Parkside | 1 x 1 | 1BR,1BA | $1,305 |
| Franklin Commons | 1x1 | 1BR,1BA | $1,395 |
| Hickory Lake | 1x1 | 1BR,1BA | $1,425 |
| Aspen Place Apartments | 2 Bedroom | 2BR,2BA | $1,445 |
| Lone Pine Place | 2x2 | 2BR,2BA | $1,595 |
| Cascade Ridge | 2x2 Lux | 2BR,2BA | $2,000 |
Best Value Apartments for Rent in Lebanon, OR
As of June 11, 2026 the best value apartment in the Lebanon area is the $1.94 price per square foot 2x2 Lux Model at Cascade Ridge in the starting from $2,000. The second greatest value Lebanon apartment is the 2x2 Model at Lone Pine Place starting at $1,595 with a $1.60 price per square foot . 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. |
|---|---|---|---|
| Cascade Ridge | 2x2 Lux | 2BR,2BA | $1.94 |
| Lone Pine Place | 2x2 | 2BR,2BA | $1.60 |
| Aspen Place Apartments | 2 Bedroom | 2BR,2BA | $1.52 |
| Parkside | 1 x 1 | 1BR,1BA | $1.53 |
| Hickory Lake | 1x1 | 1BR,1BA | $1.79 |
| Queen Anne | One Bedroom - 60% | 1BR,1BA | $1.44 |
| Franklin Commons | 1x1 | 1BR,1BA | $1.92 |
| McKinney Lane Apartments | Oak | 1BR,1BA | $2.33 |
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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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.
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Best Local Schools in Lebanon, OR
Seven Oak Middle School
Lebanon Community School District 9
Public School - Grades 6-8 (593)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lebanon, OR Rentals by Map
See the most popular apartments and homes in Lebanon, OR
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 $1,052 at Queen Anne.
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 $1,395 at Parkside.
What is the most affordable Lebanon Three Bedroom Apartment?
The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Hickory Lake and starts from $1,995.
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 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.
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.
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.
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.