Cheap Apartments for Rent in Lebanon, TN from $700 (15 Rentals)

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

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Ridge at Lebanon
1 to 3 Bedroom Apartments

Ridge at Lebanon

502 Fairview AveLebanon, TN 37087
  • Utilities Included
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Cedarwood Apartments
2 Bedroom Apartments

Cedarwood Apartments

110 Cedarwood DrLebanon, TN 37087
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Rollingwood Apartments
2 to 3 Bedroom Apartments

Rollingwood Apartments

100 Rollingwood DrLebanon, TN 37087
  • Utilities Included

Lebanon, TN Local Guide

Cheapest Neighborhoods for Apartments in Lebanon, TN

Pricing Updated: 08/04/2025

Current apartment rentals in the Lebanon, TN area range in price from $975 to $2,615 with an overall median price of $2,111. The three Lebanon neighborhoods with the lowest median rent pricing are Five Oaks at $980, Hamilton Springs at $980, and Colonial Village at $975. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Lebanon Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Five Oaks$1,715$98056
Hamilton Springs$1,715$98056
Colonial Village$2,250$975121
Downtown Lebanon$2,250$97577
West End Heights$2,250$98086
Hillview Farms$2,490$98027

Cheapest Available Lebanon Apartments for Rent

 

The cheapest available apartment rental in Lebanon, TN is a 1 Bed unit found at Westgate Apartment Homes in the Colonial Village neighborhood priced from $1,029. The Reserve at Lebanon in the Colonial Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,029. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westgate Apartment Homes1B1BS1BR,1BA$1,029
The Reserve at Lebanon1 Bed / 1 Bath Upgraded1BR,1BA$1,029
Ironwood ApartmentsOne Bedroom1BR,1BA$1,031
Greentree Pointe2 Bedroom Ranch2BR,2BA$1,179
The Edge on Main2 Bedroom2BR,1BA$1,199

Best Value Apartments for Rent in Lebanon, TN

As of August 04, 2025 the best value apartment in the Lebanon area is the $1.00 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at South Maple Townhomes in the in the Colonial Village neighborhood starting from $2,100. The second greatest value Lebanon apartment is the 6879 Lebanon Rd Model at 6879 Lebanon Rd, Unit 6879 starting at $1,750 with a $1.00 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.
South Maple Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.00
6879 Lebanon Rd, Unit 68796879 Lebanon Rd5BR,3BA$1.00
Cedar City TownhomesThe Emma3BR,2.5BA$1.13
East Adams Townhomes2 Beds, 1.5 baths2BR,1.5BA$1.23
Hamilton Station2 Bedroom Craftsman2BR,2BA$1.19
Maple Crossing2 Bedroom 2 Bath2BR,2BA$1.08
517 Melrose StMelrose, Unit B2BR,1.5BA$1.27
Bluebird Townhomes2 Bedroom2BR,1.5BA$1.32
Spring Hill TownhomesTwo Bedroom Two Bath Townhome2BR,2BA$1.25
Ironwood ApartmentsOne Bedroom1BR,1BA$1.34

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

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Getting Around Lebanon, TN

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Lebanon Apartments

What is the price of a cheap apartment in Lebanon?

The cheapest apartment in Lebanon is Westgate Apartment Homes which is listed at $1,029, while the average apartment in Lebanon costs $2,111.

What types of apartments are the cheapest in Lebanon?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Lebanon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lebanon?

Cheap apartments in Lebanon have an average cost of $497 which is $1,614 cheaper than the average rent for all rentals in Lebanon.

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

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