
Cheap Apartments for Rent in the Colonial Village Neighborhood of Lebanon, TN from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Lebanon.


The Reserve at Lebanon

Crosswinds Condominiums

Summerfield Apartments

Greentree Pointe
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.

231 Hidden Acres

501 Wilson Ave
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.

328 W Adams St
Colonial Village, Lebanon, TN Local Guide

How much does it cost to rent an apartment in Colonial Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Colonial Village Studio Apartments | $1,458 | $1,144 | $1,772 |
Colonial Village 1 Bedroom Apartments | $1,366 | $1,029 | $1,704 |
Colonial Village 2 Bedroom Apartments | $1,595 | $1,140 | $2,409 |
Colonial Village 3 Bedroom Apartments | $1,901 | $1,450 | $2,400 |
Colonial Village 4 Bedroom Apartments | $1,885 | $1,850 | $1,920 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the Colonial Village Neighborhood of Lebanon, TN.
See all Apartments in LebanonExplore Lebanon
Colonial Village, Lebanon, TN Local Guide
- Nearby Lebanon neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Colonial Village Apartments for Rent
 The cheapest available apartment rental in the Colonial Village area of Lebanon, TN is a 1 Bed unit found at Westgate Apartment Homes priced from $1,029. The Reserve at Lebanon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,029. Here are the most affordable Colonial Village apartments for rent in Lebanon, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Westgate Apartment Homes | 1B1BS | 1BR,1BA | $1,029 |
The Reserve at Lebanon | 1 Bed / 1 Bath | 1BR,1BA | $1,029 |
Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $1,179 |
The Edge on Main | 2 Bedroom Large | 2BR,1BA | $1,249 |
Hartmann Plantation | Rachel | 1BR,1BA | $1,267 |
Best Value Apartments for Rent in Colonial Village, TN
As of September 16, 2025 the best value apartment in the Colonial Village area is the $1.22 price per square foot 3A Model at South Maple Townhomes in the in the Colonial Village neighborhood starting from $2,100. The second greatest value Colonial Village apartment is the 439 Hobbs Ave Model at 439 Hobbs Ave, Unit 1 starting at $1,990 with a $1.33 price per square foot in the Colonial Village neighborhood. Here is today’s list of the best values for Colonial Village apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
South Maple Townhomes | 3A | 3BR,2.5BA | $1.22 |
439 Hobbs Ave, Unit 1 | 439 Hobbs Ave | 3BR,3.5BA | $1.33 |
East Adams Townhomes | 2 Beds, 1.5 baths | 2BR,1.5BA | $1.20 |
Hamilton Station | 2 Bedroom Craftsman | 2BR,2BA | $1.18 |
Revere at Barton's Run | 2 Bedroom Traditional | 2BR,2BA | $1.30 |
517 Melrose St | Melrose, Unit B | 2BR,1.5BA | $1.27 |
Limestone Trail Apartments | Two Bed | 2BR,2BA | $1.46 |
Hathaway at Lebanon | 1 Bedroom Premier | 1BR,1BA | $1.49 |
Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $1.37 |
The Fitzroy at Lebanon Marketplace | Cedarwood | 1BR,1BA | $1.64 |
Quick 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.
Pet Friendly LifestyleColonial Village, Lebanon, TN
Ranked #2
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States and customized analysis for Central Lebanon. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Colonial Village Apartments
What is the price of a cheap apartment in Colonial Village?
The cheapest apartment in Colonial Village is Westgate Apartment Homes which is listed at $1,029, while the average apartment in Colonial Village costs $1,905.
What types of apartments are the cheapest in Colonial Village?
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 5 regular apartments in Colonial Village 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 Colonial Village?
Cheap apartments in Colonial Village have an average cost of $139 which is $1,766 cheaper than the average rent for all rentals in Colonial Village.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.