
Cheap Homes for Rent in Downtown Lebanon Neighborhood of Lebanon, PA from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lebanon area of Lebanon.


404 N 10th St

813 Quentin Rd

430 New St

544 S 9th 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.

429 Guilford St

1215 Lehman St

330 S 9th St

602 E Maple St

420 N 12th 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.

355 S 9th St
Downtown Lebanon, Lebanon, PA Local Guide

How much does it cost to rent a home in Downtown Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lebanon 2 Bedroom Homes for Rent | $1,322 | $1,250 | $1,395 |
| Downtown Lebanon 3 Bedroom Homes for Rent | $1,447 | $1,225 | $1,850 |
| Downtown Lebanon 4 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Lebanon Neighborhood of Lebanon, PA.
Explore Lebanon
Cheapest Available Downtown Lebanon Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 April 25, 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 |
| Garden Oaks Apartments | 1 Bedroom | 1BR,1BA | $1.45 |
Frequently Asked Questions about Downtown Lebanon
What type of rentals are currently available in Downtown Lebanon?
There are currently 58 Apartments for Rent in Downtown Lebanon, PA with pricing that ranges from $875 to $1,850. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lebanon ranging from $1,225 to $1,850.
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 $1,225 to $1,850 with an average monthly rent of $1,423.
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

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.

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.

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.