
Cheap Apartments for Rent in the Downtown Lebanon Neighborhood of Lebanon, TN from $700 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lebanon area of Lebanon.


The Reserve at Lebanon

Crosswinds Condominiums

131 Quita Cir

Spring Hill Townhomes

The Edge on Main
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Rollingwood Apartments

Greentree Pointe

Tower 829 Apartments

Saddlebrook Senior Apartments

Ridge at Lebanon

Cedarwood Apartments
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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.

Maple Crossing
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 | $1,327 | $986 | $1,742 |
| Downtown Lebanon 1 Bedroom Apartments | $1,292 | $1,029 | $1,748 |
| Downtown Lebanon 2 Bedroom Apartments | $1,529 | $1,129 | $2,152 |
| Downtown Lebanon 3 Bedroom Apartments | $2,164 | $1,383 | $2,450 |
| Downtown Lebanon 4 Bedroom Apartments | $1,860 | $1,775 | $1,920 |
Browse Apartments in this Neighborhood
There are currently 13 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 Studio unit found at Summerfield Apartments priced from $997. Spring Hill Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,119. Here are the most affordable Downtown Lebanon apartments for rent in Lebanon, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Summerfield Apartments | Studio | Studio,1BA | $997 |
| Spring Hill Townhomes | Two Bedroom Two Bath Townhome | 2BR,2BA | $1,119 |
| 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 Downtown Lebanon, TN
As of January 12, 2026 the best value apartment in the Downtown Lebanon 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 Downtown Lebanon apartment is the 1235 Bluebird, Unit B Model at Bluebird Townhomes starting at $1,775 with a $0.99 price per square foot in the Downtown Lebanon 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 | $1.21 |
| Bluebird Townhomes | 1235 Bluebird, Unit B | 4BR,2.5BA | $0.99 |
| Flats at Melrose | Unit 13-3-bedroom | 3BR,2.5BA | $1.05 |
| South Maple Townhomes | 3A | 3BR,2.5BA | $1.16 |
| Cedar City Townhomes | Unit 17 | 3BR,2.5BA | $1.16 |
| Maple Crossing | 3 Bedroom 2 Bath | 3BR,2BA | $1.25 |
| Spring Hill Townhomes | Three Bedroom Two Bath | 3BR,2BA | $1.11 |
| 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 |
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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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 The Reserve at Lebanon which is listed at $1,129, while the average apartment in Downtown Lebanon costs $2,250.
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 19 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 $142 which is $2,108 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

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!