Cheap Homes for Rent in Colonial Village Neighborhood of Lebanon, TN from $1,000 (8 Rentals)

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

property at 507 Fairview Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

507 Fairview Ave

LebanonTN37087
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, Unit A

121 Greenlawn Dr
LebanonTN37087

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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
Maple Crossing2 Bedroom 2 Bath2BR,2BA$1,194

Best Value Apartments for Rent in Colonial Village, TN

As of May 27, 2026 the best value apartment in the Colonial Village area is the $1.17 price per square foot 3B Model at South Maple Townhomes in the in the Colonial Village neighborhood starting from $2,275. The second greatest value Colonial Village apartment is the 3 Bedrooms, 2.5 Bathrooms Model at Legends Townhomes starting at $1,999 with a $1.08 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.
South Maple Townhomes3B3BR,2.5BA$1.17
Legends Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.08
Traditions at Hamilton Springs - Seniors 55+2 Bedroom with Den2BR,2BA$1.46
Maple Crossing3 Bedroom 2 Bath3BR,2BA$1.24
Flats at MelroseUnit 202BR,1.5BA$1.24
517 Melrose StUnit G2BR,1.5BA$1.27
Limestone Trail ApartmentsTwo Bed2BR,2BA$1.46
Revere at Barton's Run1 Bedroom Plus1BR,1BA$1.52
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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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

4.0
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 $3,164. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Village ranging from $1,000 to $2,880.

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 $1,000 to $2,880 with an average monthly rent of $1,737.

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 $3,164, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,880. Four Bedroom Single-Family rentals are also available starting from $2,265 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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

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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.