
Cheap Homes for Rent in Lebanon, PA from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Lebanon.


825 Church St

2 Arwin Dr

217 W Maple 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.

195 W Hamilton Ave

9 S Cherry St

308 S 10th 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.
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 | $1,726 | $1,195 | $3,150 |
| Lebanon 3 Bedroom Homes for Rent | $1,747 | $1,340 | $2,300 |
| Lebanon 4 Bedroom Homes for Rent | $1,550 | $1,500 | $1,600 |
| Lebanon 5 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
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: 07/10/2026Current 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 | $1,550 | $850 | 14 |
Cheapest Available Lebanon Apartments for Rent
 The cheapest available apartment rental in Lebanon, PA is a 1 Bed unit found at Kreider Commons in the Lebanon neighborhood priced from $961. Garden Oaks Apartments in the Lebanon neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Lebanon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kreider Commons | 1 Bdrm | 1BR,1BA | $961 |
| Garden Oaks Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
| Summit Square Apartments | 1 Bedroom | 1 Bathroom - Classic Collection | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Lebanon, PA
As of July 10, 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 Lebanon neighborhood starting from $1,650. The second greatest value Lebanon apartment is the 1054 Cornwall Rd Model at 1054 Cornwall Rd, Unit 1054 B second floor large starting at $1,275 with a $1.25 price per square foot in the Lebanon neighborhood. 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 |
| 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 |
| 123 N Center St, Unit Apt 2 | 123 N Center St | 1BR,1BA | $1.31 |
| Kreider Commons | 1 Bdrm | 1BR,1BA | $1.24 |
| Summit Square Apartments | 1 Bedroom | 1 Bathroom - Classic Collection | 1BR,1BA | $1.63 |
| Garden Oaks Apartments | 1 Bedroom | 1BR,1BA | $1.45 |
| North Cornwall Commons Apartments | A1 | 1BR,1BA | $2.06 |
| 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 69 Apartments for Rent in Lebanon, PA with pricing that ranges from $875 to $2,900. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $625 to $3,150.
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 $625 to $3,150 with an average monthly rent of $1,568.
How much are larger Three and Four Bedroom Rentals in Lebanon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lebanon range from $1,350 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,340 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,550.
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

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.