Cheap Apartments for Rent in Lebanon, SD from $600 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lebanon.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-18, Page 1 of 1

Lebanon, SD Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, SD is a 1 Bed unit found at Riverview Apartments priced from $644. 630 S High St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview Apartments1 Bed 1 Bath Apartment1BR,1BA$644
630 S High StHigh Street #52BR,1BA$850
Oakes I & II Apartments3BR/1BA3BR,1BA$900
Dakota EstatesDEIII ChestnutStudio,1BA$906
Prairie Vista Apartments1702 Abbey Road - 1222BR,2BA$945

Best Value Apartments for Rent in Lebanon, SD and Nearby

As of June 27, 2025 the best value apartment in the Lebanon area is the $1.03 price per square foot TH 4P/B - 1,640 Model at Wheatgrass Village I in the starting from $1,695. The second greatest value Lebanon apartment is the 3BR/1BA Model at Oakes I & II Apartments starting at $900 with a $0.83 price per square foot . Here is today’s list of the best values for Lebanon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wheatgrass Village ITH 4P/B - 1,6404BR,2.5BA$1.03
Oakes I & II Apartments3BR/1BA3BR,1.5BA$0.83
Prairie Vista Apartments1702 Abbey Road - 1222BR,2BA$1.01
624 8th Ave SE, Unit 4624 8th Ave SE2BR,1BA$0.97
1631 Olive DrTwo Bedroom2BR,1BA$1.22
Aberdeen Communities2 BED 1 BATH2BR,1BA$1.50
Dakota EstatesDEIII ChestnutStudio ,1BA$1.68
Abbey Road ApartmentsTempoStudio ,1BA$1.90
Riverview Apartments1 Bed 1 Bath Apartment1BR,1BA$1.34

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lebanon, SD Rentals by Map

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See the most popular apartments and homes in Lebanon, SD

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Frequently Asked Questions about Cheap Lebanon Apartments

What is the Cheapest Studio apartment in Lebanon?

Currently the most affordable Cheap Studio Apartment in Lebanon is at Dakota Estates listed at $906.

How much is rent for a Cheap One Bedroom Lebanon Apartment?

The lowest price for a Cheap One Bedroom Lebanon Apartment is $644 at Riverview Apartments.

What is the lowest price for a Cheap Two Bedroom Lebanon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lebanon is starting from $850 at 630 S High St.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Oakes I & II Apartments and starts from $900.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.