
Cheap Apartments for Rent in the Downtown Lebanon Neighborhood of Lebanon, PA from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lebanon area of Lebanon.


Garden Oaks Apartments

931 Chestnut St

323 Lehman St

535-537 Lehman St

628-630 Chestnut St
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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.

901 Laurel St

41 N 10th St

521 Lehman St

Kreider Commons

414 New St

127 N 9th St
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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.
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 1 Bedroom Apartments | $1,019 | $895 | $1,100 |
| Downtown Lebanon 2 Bedroom Apartments | $1,191 | $950 | $1,395 |
| Downtown Lebanon 3 Bedroom Apartments | $1,511 | $1,400 | $1,595 |
| Downtown Lebanon 4 Bedroom Apartments | $1,450 | $1,450 | $1,450 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Lebanon Neighborhood of Lebanon, PA.
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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 $786. 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 | One Bedroom | 1BR,1BA | $786 |
| 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 February 22, 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 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 | One Bedroom | 1BR,1BA | $1.02 |
| 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 $786 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 $1,395 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.