
Cheap Apartments for Rent in the Downtown Lebanon Neighborhood of Lebanon, TN from $700 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lebanon area of Lebanon.


The Reserve at Lebanon

Crosswinds Condominiums

Summerfield Apartments

102 Westlynn Dr

The Highlands

Hartmann Plantation

Ironwood Apartments
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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.

Meadows of Lebanon Apartments

Hunters Creek

634 Leeville Pike

Revere at Barton's Run

116 N Tarver Ave

Tower 829 Apartments

116 N Tarver Ave

Total Monthly Price
The Fitzroy at Lebanon Marketplace
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.

1235 Bluebird Rd

Bluebird Townhomes

517 Melrose St

Flats at Melrose

Saddlebrook Senior Apartments

Ridge at Lebanon

Cedarwood Apartments

117a Hankins Dr
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.

The Edge on Main

334 McClain Ave

Rollingwood Apartments

Maple Crossing

209 S Greenwood St

Peyton Park Apartments

116 N Tarver Ave, Unit A

Wood Falls
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.

121 Greenlawn Dr, Unit A

211 N College St

North Cumberland Townhomes - 16 Units
Downtown Lebanon, Lebanon, TN Local Guide

How much does it cost to rent an apartment in Downtown Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lebanon Studio Apartments | $1,482 | $1,149 | $1,815 |
| Downtown Lebanon 1 Bedroom Apartments | $1,411 | $1,029 | $2,793 |
| Downtown Lebanon 2 Bedroom Apartments | $1,547 | $812 | $2,521 |
| Downtown Lebanon 3 Bedroom Apartments | $1,869 | $1,143 | $3,047 |
| Downtown Lebanon 4 Bedroom Apartments | $1,879 | $1,775 | $1,920 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Downtown Lebanon Neighborhood of Lebanon, TN.
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Downtown Lebanon, Lebanon, TN Local Guide
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Cheapest Available Downtown Lebanon Apartments for Rent
 The cheapest available apartment rental in the Downtown Lebanon 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 Downtown Lebanon apartments for rent in Lebanon, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $812 |
| Crosswinds Condominiums | 1 BR 1 BA Flat | 1BR,1BA | $1,095 |
| The Highlands | 3B-RAD-50% | 3BR,2BA | $1,182 |
| Maple Crossing | 2 Bedroom 2 Bath | 2BR,2BA | $1,194 |
| Meadows of Lebanon Apartments | 1x1 60% | 1BR,1BA | $1,250 |
| Hunters Creek | Cedar | 1BR,1BA | $1,270 |
| Revere at Barton's Run | 1 Bedroom Executive | 1BR,1BA | $1,319 |
| The Fitzroy at Lebanon Marketplace | Cedarwood | 1BR,1BA | $1,432 |
| Bluebird Townhomes | 1235 Bluebird, Unit D | 2BR,1BA | $1,445 |
| Ironwood Apartments | 2 x 2 | 2BR,2BA | $1,464 |
Best Value Apartments for Rent in Downtown Lebanon, TN
As of July 05, 2026 the best value apartment in the Downtown Lebanon 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 Downtown Lebanon 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 Downtown Lebanon 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 | $1.08 |
| South Maple Townhomes | 3A | 3BR,2.5BA | $1.22 |
| Maple Crossing | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
| Flats at Melrose | Unit 20 | 2BR,1.5BA | $1.24 |
| 517 Melrose St | Unit G | 2BR,1.5BA | $1.27 |
| Hartmann Plantation | The Cottonwood | 2BR,2.5BA | $1.39 |
| Bluebird Townhomes | 1200 Bluebird, Unit D | 2BR,1.5BA | $1.31 |
| The Highlands | 2B-PBV-60% | 2BR,2BA | $1.42 |
| Ironwood Apartments | 2 x 2 | 2BR,2BA | $1.36 |
| Greentree Pointe | 2 Bedroom Ranch | 2BR,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 ArticleReal 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 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.
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Lebanon, TN. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Lebanon Apartments
What is the price of a cheap apartment in Downtown Lebanon?
The cheapest apartment in Downtown Lebanon is Crosswinds Condominiums which is listed at $1,095, while the average apartment in Downtown Lebanon costs $1,932.
What types of apartments are the cheapest in Downtown Lebanon?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Downtown Lebanon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Lebanon?
Cheap apartments in Downtown Lebanon have an average cost of $182 which is $1,750 cheaper than the average rent for all rentals in Downtown Lebanon.
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

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.

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.

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.

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.