
Cheap Apartments for Rent in the Colonial Village Neighborhood of Lebanon, TN from $995 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Lebanon.


Crosswinds Condominiums

The Reserve at Lebanon

The Pointe at Five Oaks

Summerfield Apartments

Greentree Pointe

Hartmann Plantation
Rent According to Income: A Look at Income-Restricted Rentals
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Hamilton Station

1506 Idlewild Dr

Hunters Creek

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Revere at Barton's Run

123 Rocky Rd

127 Rocky Rd

Limestone Trail Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Hathaway at Lebanon

The Highlands

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The Fitzroy at Lebanon Marketplace

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Traditions at Hamilton Springs - Seniors 55+

South Maple Townhomes

230 Ansley Wy

Ridge at Lebanon
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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Rollingwood Apartments

127 Rocky Rd, Unit B

Saddlebrook Senior Apartments

The Edge on Main

Wood Falls

Pheasant Run Apartments

310 Cedar St. (Units 5-12)
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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.

Maple Crossing

Cedar Landing

104 Floyd Jct
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 | $1,464 | $1,149 | $1,780 |
| Colonial Village 1 Bedroom Apartments | $1,396 | $1,024 | $2,224 |
| Colonial Village 2 Bedroom Apartments | $1,618 | $1,170 | $2,491 |
| Colonial Village 3 Bedroom Apartments | $1,982 | $1,389 | $3,111 |
| Colonial Village 4 Bedroom Apartments | $1,896 | $1,850 | $1,920 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 3 mile radius of the Colonial Village Neighborhood of Lebanon, TN.
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Colonial Village, Lebanon, TN Local Guide
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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 Crosswinds Condominiums priced from $1,095. The Pointe at Five Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,164. Here are the most affordable Colonial Village apartments for rent in Lebanon, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crosswinds Condominiums | 1 BR 1 BA Flat | 1BR, 1BA | $1,095 |
| The Pointe at Five Oaks | A1 Huckleberry - One Bedroom, One Bathroom | 1BR, 1BA | $1,164 |
| Greentree Pointe | 2 Bedroom Townhome | 2BR, 2BA | $1,183 |
| Hamilton Station | 1 Bedroom Residential | 1BR, 1BA | $1,249 |
| Hunters Creek | Cedar | 1BR, 1BA | $1,270 |
| Revere at Barton's Run | 1 Bedroom Executive | 1BR, 1BA | $1,299 |
| Limestone Trail Apartments | Two Bed | 2BR, 2BA | $1,347 |
| Hathaway at Lebanon | 1 Bedroom Premier | 1BR, 1BA | $1,349 |
| Traditions at Hamilton Springs - Seniors 55+ | 1 Bedroom Traditional | 1BR, 1BA | $1,469 |
| The Fitzroy at Lebanon Marketplace | Dawson | 1BR, 1BA | $1,557 |
Best Value Apartments for Rent in Colonial Village, TN
As of September 18, 2026 the best value apartment in the Colonial Village area is the $1.08 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Legends Townhomes in the Colonial Village neighborhood starting from $1,999. The second greatest value Colonial Village apartment is the 3A Model at South Maple Townhomes in the Colonial Village neighborhood starting at $2,100 with a $1.22 price per square foot. 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. |
|---|---|---|---|
| Legends Townhomes | 3 Bedrooms, 2.5 Bathrooms | 3BR, 2.5BA | $1.08 |
| South Maple Townhomes | 3A | 3BR, 2.5BA | $1.22 |
| Flats at Melrose | Unit 1 | 3BR, 2.5BA | $1.29 |
| Maple Crossing | 3 Bedroom 2 Bath | 3BR, 2BA | $1.24 |
| 310 Cedar St. (Units 5-12) | 2BR/2.5BA | 2BR, 2.5BA | $1.26 |
| Greentree Pointe | 3 Bedroom Townhome | 3BR, 2BA | $1.27 |
| Hartmann Plantation | The Cottonwood | 2BR, 2.5BA | $1.39 |
| The Highlands | 2B-PBV-60% | 2BR, 2BA | $1.42 |
| Limestone Trail Apartments | Two Bed | 2BR, 2BA | $1.45 |
| Hamilton Station | 1 Bedroom Residential | 1BR, 1BA | $1.52 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Pet Friendly LifestyleColonial Village, Lebanon, TN
Ranked #1
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet 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
How much is rent for a Cheap One Bedroom Colonial Village Apartment?
The lowest price for a Cheap One Bedroom Colonial Village Apartment is $1,095 at Crosswinds Condominiums.
What is the lowest price for a Cheap Two Bedroom Colonial Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Colonial Village is starting from $1,183 at Greentree Pointe.
What is the most affordable Colonial Village Three Bedroom Apartment?
The best deal on a cheap Colonial Village Three Bedroom Apartment rental is at Limestone Trail Apartments and starts from $1,513.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.