
Cheap Apartments for Rent in the Downtown Lebanon Neighborhood of Lebanon, TN from $700 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lebanon area of Lebanon.


Summerfield Apartments

Crosswinds Condominiums

Meadows of Lebanon Apartments

Rollingwood Apartments
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.

Greentree Pointe

420 Sam Houston Dr

328 W Adams St
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.
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 | $1,388 | $1,058 | $1,718 |
Downtown Lebanon 1 Bedroom Apartments | $1,293 | $1,029 | $2,026 |
Downtown Lebanon 2 Bedroom Apartments | $1,529 | $1,140 | $2,324 |
Downtown Lebanon 3 Bedroom Apartments | $2,165 | $1,200 | $2,400 |
Downtown Lebanon 4 Bedroom Apartments | $1,830 | $1,775 | $1,920 |
Browse Apartments in this Neighborhood
There are currently 11 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
- Nearby Lebanon neighborhoods
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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 1 Bed unit found at The Reserve at Lebanon priced from $1,129. Meadows of Lebanon Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,132. Here are the most affordable Downtown Lebanon apartments for rent in Lebanon, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Reserve at Lebanon | 1 Bed / 1 Bath Upgraded | 1BR,1BA | $1,129 |
Meadows of Lebanon Apartments | 1x1 60% | 1BR,1BA | $1,132 |
Rollingwood Apartments | 2BD/1BA | 2BR,1BA | $1,150 |
Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $1,179 |
Spring Hill Townhomes | Two Bedroom Two Bath Townhome | 2BR,2BA | $1,204 |
Best Value Apartments for Rent in Downtown Lebanon, TN
As of October 13, 2025 the best value apartment in the Downtown Lebanon area is the $1.22 price per square foot 3A Model at South Maple Townhomes in the in the Colonial Village neighborhood starting from $2,100. The second greatest value Downtown Lebanon apartment is the Unit 6 Model at Cedar City Townhomes starting at $1,750 with a $1.11 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. |
---|---|---|---|
South Maple Townhomes | 3A | 3BR,2.5BA | $1.22 |
Cedar City Townhomes | Unit 6 | 3BR,2.5BA | $1.11 |
439 Hobbs Ave, Unit 2 | 439 Hobbs Ave | 3BR,3.5BA | $1.33 |
East Adams Townhomes | 2 Beds, 1.5 baths | 2BR,1.5BA | $1.20 |
Revere at Barton's Run | 2 Bedroom Craftsman Premier | 2BR,2BA | $1.33 |
517 Melrose St | Melrose , Unit C | 2BR,1.5BA | $1.27 |
Bluebird Townhomes | 2 Bedroom | 2BR,1.5BA | $1.30 |
Spring Hill Townhomes | Two Bedroom Two Bath Townhome | 2BR,2BA | $1.10 |
Rollingwood Apartments | 2BD/1BA | 2BR,1BA | $1.30 |
Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $1.37 |
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Pet Friendly LifestyleDowntown Lebanon, Lebanon, TN
Ranked #2
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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!
Getting Around the Downtown Lebanon Neighborhood in Lebanon, TN
Walk Score®
54 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 12 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 $153 which is $2,097 cheaper than the average rent for all rentals in Downtown Lebanon.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.