Cheap Apartments for Rent in Lebanon, OR from $300 (4 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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Carolina Court
2 Bedroom Apartments

Carolina Court

170 S 5th StLebanon, OR 97355
  • 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.

Lebanon, OR Local Guide

Best Value Apartments for Rent in Lebanon, OR

As of June 28, 2025 the best value apartment in the Lebanon area is the $1.45 price per square foot 2 Bed / 1.5 Bath Model at 311-325 E Dodge St in the starting from $1,600. The second greatest value Lebanon apartment is the 2 x 2 Model at Parkside Apartments starting at $1,525 with a $1.47 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.
311-325 E Dodge St2 Bed / 1.5 Bath2BR,1.5BA$1.45
Parkside Apartments2 x 22BR,2BA$1.47
Aspen Place Apartments2 Bedroom2BR,2BA$1.52
Hickory Lake1x1 ADA1BR,1BA$1.79
The Lodges at Lebanon1 Bed 1 Bath1BR,1BA$1.96
199-Lone Pine Place1x11BR,1BA$1.92
McKinney Lane ApartmentsPine1BR,1BA$2.49
Cascade Ridge1x1 D1BR,1BA$2.10

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

Explore Lebanon, OR Rentals by Map

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Getting Around Lebanon, OR

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

63 / 100

Bikeable

Some 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 $1,200 at Parkside 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 $1,445 at Aspen Place Apartments.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Cascade Ridge and starts from $1,825.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.