
Cheap Apartments for Rent in the Downtown Lebanon Neighborhood of Lebanon, PA from $300 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lebanon area of Lebanon.


605 N 9th St

547 N 10th St

28 N 7th St

531 Walton St
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.

Garden Oaks Apartments

118 Guilford St

1021 Lehman St

Kreider Commons

825 Church St
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.
Downtown Lebanon, Lebanon, PA Local Guide

How much does it cost to rent an apartment in Downtown Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lebanon Studio Apartments | $900 | $900 | $900 |
| Downtown Lebanon 1 Bedroom Apartments | $913 | $875 | $1,000 |
| Downtown Lebanon 2 Bedroom Apartments | $1,260 | $950 | $1,400 |
| Downtown Lebanon 3 Bedroom Apartments | $1,481 | $1,350 | $1,595 |
| Downtown Lebanon 4 Bedroom Apartments | $1,550 | $1,550 | $1,550 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Lebanon Neighborhood of Lebanon, PA.
See all Apartments in LebanonExplore Lebanon
Cheapest Available Downtown Lebanon Apartments for Rent
 The cheapest available apartment rental in the Downtown Lebanon area of Lebanon, PA is a 1 Bed unit found at Kreider Commons priced from $961. Garden Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Downtown Lebanon apartments for rent in Lebanon, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kreider Commons | 1 Bdrm | 1BR,1BA | $961 |
| Garden Oaks Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
| Weavertown Terrace | Modern Townhome Community, Wash/Dryer/Assigned ... | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in Downtown Lebanon, PA
As of July 10, 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 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 Lebanon neighborhood. Here is today’s list of the best values for Downtown Lebanon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1054 Cornwall Rd, Unit 1054 B second floor large | 1054 Cornwall Rd | 2BR,1BA | $1.25 |
| Weavertown Terrace | Modern Townhome Community, Wash/Dryer/Assigned ... | 2BR,1.5BA | $1.64 |
| Kreider Commons | 1 Bdrm | 1BR,1BA | $1.24 |
| Garden Oaks Apartments | 1 Bedroom | 1BR,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 $961 at Kreider Commons.
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 $1,146 at Kreider Commons.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.