
Cheap Homes for Rent in Colonial Village Neighborhood of Lebanon, TN from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Village area of Lebanon.


509 Franklin Rd

397 Franklin Rd

326 W Main St

311 Cainsville Rd

108 Hartsville Ct
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.

108 Hartsville Pike

1009 Keyes Pl

74 Bellvue Dr

102 Maple Vw Dr, Unit 102

529 Ellen Rd

420 Park Ave
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.

711 Mickelson Wy
Colonial Village, Lebanon, TN Local Guide

How much does it cost to rent a home in Colonial Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Village 2 Bedroom Homes for Rent | $1,718 | $1,400 | $2,700 |
| Colonial Village 3 Bedroom Homes for Rent | $2,257 | $1,750 | $3,200 |
| Colonial Village 4 Bedroom Homes for Rent | $2,724 | $2,079 | $4,000 |
| Colonial Village 5 Bedroom Homes for Rent | $2,599 | $2,599 | $2,599 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 Studio unit found at Summerfield Apartments priced from $997. Westgate Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,029. Here are the most affordable Colonial Village apartments for rent in Lebanon, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Summerfield Apartments | Studio | Studio,1BA | $997 |
| Westgate Apartment Homes | 1B1BS | 1BR,1BA | $1,029 |
| The Reserve at Lebanon | 1 Bed / 1 Bath Upgraded | 1BR,1BA | $1,129 |
| Rollingwood Apartments | 2BD/1BA | 2BR,1BA | $1,150 |
| Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $1,169 |
Best Value Apartments for Rent in Colonial Village, TN
As of January 09, 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 Unit 13-3-bedroom Model at Flats at Melrose starting at $1,895 with a $1.05 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Legends Townhomes | 3 Bedrooms, 2.5 Bathrooms | 3BR,2.5BA | $1.21 |
| Flats at Melrose | Unit 13-3-bedroom | 3BR,2.5BA | $1.05 |
| South Maple Townhomes | 3A | 3BR,2.5BA | $1.16 |
| 439 Hobbs Ave, Unit 2 | 439 Hobbs Ave | 3BR,3.5BA | $1.33 |
| Maple Crossing | 3 Bedroom 2 Bath | 3BR,2BA | $1.25 |
| Hamilton Station | 2 Bedroom Craftsman | 2BR,2BA | $1.13 |
| Revere at Barton's Run | 2 Bedroom Craftsman Premier | 2BR,2BA | $1.34 |
| Rollingwood Apartments | 2BD/1BA | 2BR,1BA | $1.30 |
| Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $1.36 |
| The Edge on Main | 2 Bedroom Large | 2BR,1BA | $1.41 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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.
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
3.5Pet Friendly
Frequently Asked Questions about Colonial Village
What type of rentals are currently available in Colonial Village?
There are currently 69 Apartments for Rent in Colonial Village, TN with pricing that ranges from $997 to $2,450. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Village ranging from $1,400 to $4,000.
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 $1,400 to $4,000 with an average monthly rent of $2,159.
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 $1,250 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,079 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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!