Cheap Homes for Rent in Downtown Lebanon Neighborhood of Lebanon, TN from $1,100 (12 Rentals)

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

property at 1305 Raden Dr

1305 Raden Dr

LebanonTN37087
property at 311 Cainsville Rd

311 Cainsville Rd

LebanonTN37087
Showing Results 1-12, Page 1 of 1

Downtown Lebanon, Lebanon, TN Local Guide

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 $999. The Reserve at Lebanon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,129. Here are the most affordable Downtown Lebanon apartments for rent in Lebanon, TN:

Apartment ListingModel NameBed/BathPriced From
Summerfield ApartmentsStudioStudio,1BA$999
The Reserve at Lebanon1 Bed / 1 Bath Upgraded1BR,1BA$1,129
Rollingwood Apartments2BD/1BA2BR,1BA$1,150
Greentree Pointe2 Bedroom Ranch2BR,2BA$1,179
Meadows of Lebanon Apartments1x1 60%1BR,1BA$1,200

Best Value Apartments for Rent in Downtown Lebanon, TN

As of November 15, 2025 the best value apartment in the Downtown Lebanon area is the $1.21 price per square foot C1 Model at Legends Townhomes in the in the Colonial Village neighborhood starting from $2,250. The second greatest value Downtown Lebanon apartment is the Unit 15 -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 Downtown Lebanon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legends TownhomesC13BR,2.5BA$1.21
Flats at MelroseUnit 15 -3-bedroom3BR,2.5BA$1.05
Cedar City TownhomesUnit 223BR,2.5BA$1.16
East Adams Townhomes2 Beds, 1.5 baths2BR,1.5BA$1.20
South Maple Townhomes2A2BR,2.5BA$1.24
Revere at Barton's Run2 Bedroom Craftsman Select2BR,2BA$1.18
Hunters CreekWillow Renovated2BR,2BA$1.42
Bluebird Townhomes1255, Unit C -2 Bedroom2BR,1.5BA$1.30
Rollingwood Apartments2BD/1BA2BR,1BA$1.30
Greentree Pointe2 Bedroom Ranch2BR,2BA$1.37

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Pet Friendly Lifestyle
Downtown Lebanon, Lebanon, TN

Ranked #2

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Downtown Lebanon

What type of rentals are currently available in Downtown Lebanon?

There are currently 69 Apartments for Rent in Downtown Lebanon, TN with pricing that ranges from $999 to $2,400. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lebanon ranging from $1,100 to $4,000.

What is the current price range for Rental Homes in Downtown Lebanon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lebanon ranges from $1,100 to $4,000 with an average monthly rent of $1,864.

How much are larger Three and Four Bedroom Rentals in Downtown Lebanon?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lebanon range from $1,383 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,490 to $2,400. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,775.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.