Cheap Apartments for Rent in the Downtown Lebanon Neighborhood of Lebanon, PA from $800 (12 Rentals)

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

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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.

property at 617 Lehman St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

4 Bedroom, 1 Bath Townhome for Rent

Available Now

617 Lehman St

LebanonPA17046
property at 621 S 6th St

$1,300 - $1,350

2 Bedroom Rentals

Available Now

621 S 6th St

LebanonPA17042
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Kreider Commons
1 to 2 Bedroom Apartments

Kreider Commons

631 N 8th StLebanon, PA 17046
Senior Living

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Cheapest Available Downtown Lebanon Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Garden Oaks Apartments1 Bedroom1BR,1BA$1,000
Weavertown TerraceModern Townhome Community, Wash/Dryer/Assigned ...2BR,1BA$1,395

Best Value Apartments for Rent in Downtown Lebanon, PA

As of May 24, 2026 the best value apartment in the Downtown Lebanon area is the $1.25 price per square foot 1054 Cornwall Rd Model at 1054 Cornwall Rd, Unit 1054 B second floor large in the in the Downtown Lebanon neighborhood starting from $1,275. The second greatest value Downtown Lebanon apartment is the Modern Townhome Community, Wash/Dryer/Assigned ... Model at Weavertown Terrace starting at $1,395 with a $1.64 price per square foot in the Downtown Lebanon neighborhood. Here is today’s list of the best values for Downtown Lebanon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1054 Cornwall Rd, Unit 1054 B second floor large1054 Cornwall Rd2BR,1BA$1.25
Weavertown TerraceModern Townhome Community, Wash/Dryer/Assigned ...2BR,1.5BA$1.64
Garden Oaks Apartments1 Bedroom1BR,1BA$1.45

Frequently Asked Questions about Cheap Downtown Lebanon Apartments

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

The lowest price for a Cheap One Bedroom Downtown Lebanon Apartment is $1,000 at Garden Oaks Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Lebanon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lebanon is starting from $1,395 at Weavertown Terrace.

What is the most affordable Downtown Lebanon Three Bedroom Apartment?

The best deal on a cheap Downtown Lebanon Three Bedroom Apartment rental is at Garden Oaks Apartments and starts from $1,500.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.