Cheap Homes for Rent in the Colonial Village Neighborhood of Lebanon, TN from $1,100 (11 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

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 2 Bath Home for Rent

Available Now

607 Tater Peeler Rd

LebanonTN37087
property at 203 Sycamore St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

203 Sycamore St

LebanonTN37087
property at 116 N Tarver Ave

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Home for Rent

Available Now

116 N Tarver Ave

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.

property at 116 N Tarver Ave

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Home for Rent

Available Now

116 N Tarver Ave, Unit A

116 N Tarver Ave
LebanonTN37087
property at 1445 Toshiba Drive, #B

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

3 Bedroom, 1.5 Bath Townhome for Rent

Available Aug 1

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

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.

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$1,236

Best Value Apartments for Rent in Colonial Village, TN

As of July 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 3A Model at South Maple Townhomes starting at $2,100 with a $1.22 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
South Maple Townhomes3A3BR,2.5BA$1.22
Maple Crossing3 Bedroom 2 Bath3BR,2BA$1.24
Flats at MelroseUnit 202BR,1.5BA$1.24
Hartmann PlantationThe Cottonwood2BR,2.5BA$1.39
The Highlands2B-PBV-60%2BR,2BA$1.42
The Pointe at Five OaksA6 Canyon - One Bedroom, One Bathroom w/Garage1BR,1BA$1.54
Revere at Barton's Run1 Bedroom Premier1BR,1BA$1.49
Hamilton Station1 Bedroom Executive1BR,1BA$1.48
Greentree Pointe2 Bedroom Ranch2BR,2BA$0.95

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 Article
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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.

Read Article
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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 70 Apartments for Rent in Colonial Village, TN with pricing that ranges from $812 to $3,274. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Village ranging from $1,100 to $2,690.

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 $1,100 to $2,690 with an average monthly rent of $1,715.

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 $1,143 to $3,274, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,690. Four Bedroom Single-Family rentals are also available starting from $1,710 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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.