Cheap Homes for Rent in the Downtown Lebanon Neighborhood of Lebanon, PA from $700 (6 Rentals)

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

property at 701 Walnut St

$950 - $1,125

1 Bedroom Rentals

Available Now

701 Walnut St

LebanonPA17042

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 808 N 9th St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

808 N 9th St

LebanonPA17046

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Cheapest Available Downtown Lebanon Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lebanon area of Lebanon, PA is a 2 Beds unit found at Kreider Commons priced from $979. Garden Oaks Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here are the most affordable Downtown Lebanon apartments for rent in Lebanon, PA:

Apartment ListingModel NameBed/BathPriced From
Kreider Commons2 Bdrm C2BR,1BA$979
Garden Oaks Apartments2 Bedroom2BR,1BA$1,100
Weavertown TerraceModern Townhome Community, Wash/Dryer/Assigned ...2BR,1BA$1,395

Best Value Apartments for Rent in Downtown Lebanon, PA

As of August 17, 2026 the best value apartment in the Downtown Lebanon area is the $1.23 price per square foot 2 Bedroom Model at Garden Oaks Apartments in the in the Lebanon neighborhood starting from $1,100. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Garden Oaks Apartments2 Bedroom2BR,1BA$1.23
Weavertown TerraceModern Townhome Community, Wash/Dryer/Assigned ...2BR,1.5BA$1.64
Kreider Commons1 Bdrm1BR,1BA$1.30

Frequently Asked Questions about Downtown Lebanon

What type of rentals are currently available in Downtown Lebanon?

There are currently 56 Apartments for Rent in Downtown Lebanon, PA with pricing that ranges from $750 to $1,800. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lebanon ranging from $775 to $1,895.

What is the current price range for Rental Homes in Downtown Lebanon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lebanon ranges from $775 to $1,895 with an average monthly rent of $1,389.

How much are larger Three and Four Bedroom Rentals in Downtown Lebanon?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lebanon range from $1,550 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $1,850. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,800.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.