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Cheap Homes for Rent in Lebanon, OR from $1,400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lebanon.
245 S 9th St
LebanonOR97355
1101 Century Dr NE
AlbanyOR97322
413 S Main St
LebanonOR97355
271 Jennings St
LebanonOR97355
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.
995 Cleveland St
LebanonOR97355
3512-3516 25th Ave SE
AlbanyOR97322
893 W Ash St
LebanonOR97355
1684 Del Rio Ave SE
AlbanyOR97322
3187 Isaac Ave SE
AlbanyOR97322
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.
3842 SE Ryunkin St
AlbanyOR97322
Showing Results 1-11, 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 a home in Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lebanon 2 Bedroom Homes for Rent | $1,695 | $1,495 | $1,895 |
| Lebanon 3 Bedroom Homes for Rent | $2,265 | $1,800 | $3,200 |
| Lebanon 4 Bedroom Homes for Rent | $2,489 | $2,100 | $2,900 |
Browse Top Homes for Rent in Lebanon
Explore 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 Studio unit found at McKinney Lane Apartments priced from $1,113. Queen Anne has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,260. Here is today’s list of the most affordable Lebanon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McKinney Lane Apartments | Chestnut | Studio,1BA | $1,113 |
| Queen Anne | Two Bedroom - 60% | 2BR,2BA | $1,260 |
| Parkside Apartments | 1 x 1 | 1BR,1BA | $1,305 |
| 169-Franklin Commons | 1x1 | 1BR,1BA | $1,395 |
| 199-Lone Pine Place | 1x1 | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Lebanon, OR
As of December 24, 2025 the best value apartment in the Lebanon area is the $1.50 price per square foot 2 Bed / 1.5 Bath Model at 311-325 E Dodge St in the starting from $1,650. The second greatest value Lebanon apartment is the Two Bedroom - 60% Model at Queen Anne starting at $1,260 with a $1.32 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. |
|---|---|---|---|
| 311-325 E Dodge St | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.50 |
| Queen Anne | Two Bedroom - 60% | 2BR,2BA | $1.32 |
| Aspen Place Apartments | 2 Bedroom | 2BR,2BA | $1.52 |
| Parkside Apartments | 1 x 1 | 1BR,1BA | $1.53 |
| Hickory Lake | 1x1 Special | 1BR,1BA | $1.79 |
| McKinney Lane Apartments | Maple | 1BR,1BA | $2.02 |
| 169-Franklin Commons | 1x1 | 1BR,1BA | $1.92 |
| 199-Lone Pine Place | 1x1 | 1BR,1BA | $1.92 |
| Cascade Ridge | 1x1 Lux | 1BR,1BA | $2.18 |
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 Article
The 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.
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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 Lebanon
What type of rentals are currently available in Lebanon?
There are currently 87 Apartments for Rent in Lebanon, OR with pricing that ranges from $1,000 to $2,250. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $1,495 to $3,200.
What is the current price range for Rental Homes in Lebanon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lebanon ranges from $1,495 to $3,200 with an average monthly rent of $2,149.
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
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!
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.