Cheap Homes for Rent in Colonial Village Neighborhood of Lebanon, TN from $1,300 (7 Rentals)

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

property at 607 Tater Peeler Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 2 Bath Home for Rent

Available Now

607 Tater Peeler Rd

LebanonTN37087

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 403 Augustine Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 2.5 Bath Townhome for Rent

Available Jun 1

403 Augustine Dr

LebanonTN37087

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 1 Bed unit found at The Reserve at Lebanon priced from $1,029. Greentree Pointe has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,169. Here are the most affordable Colonial Village apartments for rent in Lebanon, TN:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Lebanon1 Bed / 1 Bath1BR,1BA$1,029
Greentree Pointe2 Bedroom Townhome2BR,2BA$1,169
Hartmann PlantationThe Kathryn1BR,1BA$1,232

Best Value Apartments for Rent in Colonial Village, TN

As of April 12, 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 in the Colonial Village neighborhood starting from $1,999. The second greatest value Colonial Village apartment is the Unit 12 Model at Flats at Melrose starting at $1,995 with a $1.31 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$1.08
Flats at MelroseUnit 123BR,2.5BA$1.31
South Maple Townhomes2A2BR,2.5BA$1.24
Greentree Pointe3 Bedroom Townhome3BR,2BA$1.26
Maple Crossing2 Bedroom 2 Bath2BR,2BA$1.30
Traditions at Hamilton Springs - Seniors 55+1 Bedroom Traditional with Sunroom1BR,1BA$1.57
Limestone Trail ApartmentsTwo Bed2BR,2BA$1.46
Hathaway at Lebanon1 Bedroom Plus1BR,1BA$1.53
Rollingwood Apartments2BD/1BA2BR,1BA$1.48
Revere at Barton's Run1 Bedroom Plus1BR,1BA$1.58

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Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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

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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.

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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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Frequently Asked Questions about Colonial Village

What type of rentals are currently available in Colonial Village?

There are currently 74 Apartments for Rent in Colonial Village, TN with pricing that ranges from $1,024 to $3,171. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Village ranging from $1,300 to $2,650.

What is the current price range for Rental Homes in Colonial Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Colonial Village ranges from $1,300 to $2,650 with an average monthly rent of $1,924.

How much are larger Three and Four Bedroom Rentals in Colonial Village?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Colonial Village range from $1,400 to $3,171, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,650. Four Bedroom Single-Family rentals are also available starting from $2,149 and Four Bedroom Apartments start at $1,850.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.