Cheap Homes for Rent in Downtown Lebanon Neighborhood of Lebanon, PA from $700 (10 Rentals)

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

property at 521 Lehman St

$765 - $850

1 Bedroom Rentals

Available Now

521 Lehman St

LebanonPA17046

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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 ListingModel NameBed/BathPriced From
Kreider CommonsOne Bedroom1BR,1BA$786
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 January 13, 2026 the best value apartment in the Downtown Lebanon area is the $1.64 price per square foot Modern Townhome Community, Wash/Dryer/Assigned ... Model at Weavertown Terrace in the in the Downtown Lebanon neighborhood starting from $1,395. The second greatest value Downtown Lebanon apartment is the One Bedroom Model at Kreider Commons starting at $786 with a $1.02 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.
Weavertown TerraceModern Townhome Community, Wash/Dryer/Assigned ...2BR,1.5BA$1.64
Kreider CommonsOne Bedroom1BR,1BA$1.02
Garden Oaks Apartments1 Bedroom1BR,1BA$1.45

Frequently Asked Questions about Downtown Lebanon

What type of rentals are currently available in Downtown Lebanon?

There are currently 69 Apartments for Rent in Downtown Lebanon, PA with pricing that ranges from $695 to $1,600. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lebanon ranging from $765 to $2,500.

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 $765 to $2,500 with an average monthly rent of $1,353.

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 $1,150 to $1,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,695. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,400.

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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!