
Cheap Homes for Rent in Downtown Lebanon Neighborhood of Lebanon, TN from $1,300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lebanon area of Lebanon.


1698 Monument Ln

208 Ansley Wy

311 Cainsville Rd

122 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.

104 Hartsville Ct

420 Park Ave

114 Hartsville Ct

416 Lealand Ln

416 Lealand Ln
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.
Downtown Lebanon, Lebanon, TN Local Guide

How much does it cost to rent a home in Downtown Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lebanon 2 Bedroom Homes for Rent | $1,579 | $1,300 | $1,795 |
| Downtown Lebanon 3 Bedroom Homes for Rent | $1,999 | $1,695 | $2,600 |
| Downtown Lebanon 4 Bedroom Homes for Rent | $3,021 | $2,200 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Lebanon Neighborhood of Lebanon, TN.
Explore Lebanon
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 Tower 829 Apartments priced from $1,095. Greentree Pointe has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,169. Here are the most affordable Downtown Lebanon apartments for rent in Lebanon, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tower 829 Apartments | 1BR/1.0BA | 1BR,1BA | $1,095 |
| Greentree Pointe | 2 Bedroom Townhome | 2BR,2BA | $1,169 |
| Ironwood Apartments | One Bedroom | 1BR,1BA | $1,210 |
Best Value Apartments for Rent in Downtown Lebanon, TN
As of February 28, 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 Unit 22 Model at Cedar City Townhomes starting at $1,745 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. |
|---|---|---|---|
| Legends Townhomes | 3 Bedrooms, 2.5 Bathrooms | 3BR,2.5BA | $1.08 |
| Cedar City Townhomes | Unit 22 | 3BR,2.5BA | $1.11 |
| South Maple Townhomes | 2A | 2BR,2.5BA | $1.24 |
| Flats at Melrose | Unit 27 | 2BR,1.5BA | $1.16 |
| The Reserve at Lebanon | 2 Bed / 1.5 Bath Upgraded | 2BR,1.5BA | $1.38 |
| Meadows of Lebanon Apartments | 2x2 60% | 2BR,2BA | $1.56 |
| Revere at Barton's Run | 1 Bedroom Premier | 1BR,1BA | $1.55 |
| Rollingwood Apartments | 2BD/1BA | 2BR,1BA | $1.48 |
| Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $1.36 |
| Tower 829 Apartments | 1BR/1.0BA | 1BR,1BA | $1.42 |
Frequently Asked Questions about Downtown Lebanon
What type of rentals are currently available in Downtown Lebanon?
There are currently 78 Apartments for Rent in Downtown Lebanon, TN with pricing that ranges from $1,029 to $2,450. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lebanon ranging from $1,300 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 $1,300 to $4,000 with an average monthly rent of $2,199.
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 $1,250 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $2,600. Four Bedroom Single-Family rentals are also available starting from $2,200 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.