Cheap Apartments for Rent in the Colonial Village Neighborhood of Lebanon, TN from $700 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Lebanon.

property at 607 Tater Peeler Rd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 2 Bath Home for Rent

Available Now

607 Tater Peeler Rd

LebanonTN37087

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.

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property at 116 N Tarver Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

116 N Tarver Ave

LebanonTN37087

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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
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Maple Crossing
2 to 3 Bedroom Apartments

Maple Crossing

100 Maple Crossing DrLebanon, TN 37087
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Wood Falls
2 to 3 Bedroom Apartments

Wood Falls

201 Carver LnLebanon, TN 37087
property at 116 N Tarver Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

116 N Tarver Ave, Unit A

116 N Tarver Ave
LebanonTN37087

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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property at 121 Greenlawn Dr

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

2 Bedroom, 2 Bath Home for Rent

Available Now

121 Greenlawn Dr, Unit A

121 Greenlawn Dr
LebanonTN37087
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517 Melrose St
2 Bedroom Apartments

517 Melrose St

517 Melrose StLebanon, TN 37087
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713 Mulberry St
2 Bedroom Apartments

713 Mulberry St

713 Mulberry StLebanon, TN 37087

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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.

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Showing Results 1-45, Page 1 of 1

Colonial Village, Lebanon, TN Local Guide

Cheapest Available Colonial Village Apartments for Rent

 

The cheapest available apartment rental in the Colonial Village area of Lebanon, TN is a 2 Beds unit found at Greentree Pointe priced from $812. Crosswinds Condominiums has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here are the most affordable Colonial Village apartments for rent in Lebanon, TN:

Apartment ListingModel NameBed/BathPriced From
Greentree Pointe2 Bedroom Ranch2BR,2BA$812
Crosswinds Condominiums1 BR 1 BA Flat1BR,1BA$1,095
The Highlands3B-RAD-50%3BR,2BA$1,182
Maple Crossing2 Bedroom 2 Bath2BR,2BA$1,194
The Pointe at Five OaksA2 Hinckley - One Bedroom, One Bathroom1BR,1BA$1,245
Hamilton Station1 Bedroom Residential1BR,1BA$1,299
Revere at Barton's Run1 Bedroom Executive1BR,1BA$1,319
Limestone Trail ApartmentsTwo Bed2BR,2BA$1,356
Hathaway at Lebanon1 Bedroom Plus1BR,1BA$1,399
Hunters CreekCedar Renovated1BR,1BA$1,426

Best Value Apartments for Rent in Colonial Village, TN

As of June 17, 2026 the best value apartment in the Colonial Village area is the $1.21 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Legends Townhomes in the in the Colonial Village neighborhood starting from $2,250. The second greatest value Colonial Village apartment is the 3 Bedroom 2 Bath Model at Maple Crossing starting at $1,673 with a $1.24 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Legends Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.21
Maple Crossing3 Bedroom 2 Bath3BR,2BA$1.24
Traditions at Hamilton Springs - Seniors 55+2 Bedroom Premier2BR,2BA$1.49
Flats at MelroseUnit 202BR,1.5BA$1.24
517 Melrose StUnit G2BR,1.5BA$1.27
Hartmann PlantationThe Cottonwood2BR,2.5BA$1.39
The Highlands2B-PBV-60%2BR,2BA$1.42
Limestone Trail ApartmentsTwo Bed2BR,2BA$1.46
Greentree Pointe2 Bedroom Ranch2BR,2BA$0.95
Crosswinds Condominiums1 BR 1 BA Flat1BR,1BA$1.54

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.

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Real 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.

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Pet Friendly Lifestyle
Colonial Village, Lebanon, TN

Ranked #1

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $812 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 The Highlands and starts from $1,182.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.