
Cheap Homes for Rent in Lebanon, PA from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Lebanon.


907 Chestnut St, Unit D

122 N Center St

171 E Derry Rd

617 Lehman 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.

173 E Derry Rd

217 W Maple St

330 S 9th St

544 S 9th St

701 Walnut 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.

240 S Partridge St

49 S Mill St

21 Maple St

420 N 12th St

327 S 1st St, Unit A
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Lebanon, PA Local Guide

How much does it cost to rent a home in Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lebanon 2 Bedroom Homes for Rent | $1,991 | $1,250 | $3,150 |
| Lebanon 3 Bedroom Homes for Rent | $1,937 | $1,295 | $2,950 |
| Lebanon 4 Bedroom Homes for Rent | $2,323 | $1,100 | $4,500 |
| Lebanon 5 Bedroom Homes for Rent | $3,747 | $2,495 | $5,000 |
| Lebanon 6 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Top Homes for Rent in Lebanon
Explore Lebanon
Lebanon, PA Local Guide
- Lebanon Neighborhoods
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Cheapest Neighborhoods for Apartments in Lebanon, PA
Pricing Updated: 05/25/2026Current apartment rentals in the Lebanon, PA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lebanon Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Lebanon | $1,595 | $850 | 17 |
Cheapest Available Lebanon Apartments for Rent
 The cheapest available apartment rental in Lebanon, PA is a 1 Bed unit found at Garden Oaks Apartments in the Downtown Lebanon neighborhood priced from $1,000. Plaza Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here is today’s list of the most affordable Lebanon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garden Oaks Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
| Plaza Apartments | One Bedroom | 1BR,1BA | $1,295 |
| Summit Square Apartments | 2 Bedroom | 1 Bathroom - Classic Collection | 2BR,1BA | $1,350 |
| Weavertown Terrace | Modern Townhome Community, Wash/Dryer/Assigned ... | 2BR,1BA | $1,395 |
| Greentree Village Townhomes | Two Bedroom | 2BR,1BA | $1,430 |
Best Value Apartments for Rent in Lebanon, PA
As of May 26, 2026 the best value apartment in the Lebanon area is the $1.46 price per square foot Legacy Model at 419 Apartments in the in the Manheim Lititz neighborhood starting from $1,650. The second greatest value Lebanon apartment is the 2 Bedroom | 1 Bathroom - Quarry Collection Model at Summit Square Apartments starting at $1,550 with a $1.48 price per square foot . Here is today’s list of the best values for Lebanon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 419 Apartments | Legacy | 2BR,2BA | $1.46 |
| Summit Square Apartments | 2 Bedroom | 1 Bathroom - Quarry Collection | 2BR,1BA | $1.48 |
| 1054 Cornwall Rd, Unit 1054 B second floor large | 1054 Cornwall Rd | 2BR,1BA | $1.25 |
| Greentree Village Townhomes | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.52 |
| Weavertown Terrace | Modern Townhome Community, Wash/Dryer/Assigned ... | 2BR,1.5BA | $1.64 |
| North Cornwall Commons Apartments | A2 | 1BR,1BA | $2.13 |
| Garden Oaks Apartments | 1 Bedroom | 1BR,1BA | $1.45 |
| Plaza Apartments | One Bedroom | 1BR,1BA | $1.98 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Lebanon, PA
Cedar Crest High School
Cedar Crest Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lebanon, PA Rentals by Map
See the most popular apartments and homes in Lebanon, PA
Frequently Asked Questions about Lebanon
What type of rentals are currently available in Lebanon?
There are currently 70 Apartments for Rent in Lebanon, PA with pricing that ranges from $850 to $2,900. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $695 to $5,000.
What is the current price range for Rental Homes in Lebanon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lebanon ranges from $695 to $5,000 with an average monthly rent of $2,688.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.