
Cheap Homes for Rent in Downtown Lebanon Neighborhood of Lebanon, TN from $1,300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lebanon area of Lebanon.


1698 Monument Ln

509 Franklin Rd

397 Franklin Rd

326 W Main 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.

408 Lealand Ln

1305 Raden Dr

1305 Raden Dr

311 Cainsville Rd

108 Hartsville Ct
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.

108 Hartsville Pike

1009 Keyes Pl

74 Bellvue Dr

102 Maple Vw Dr, Unit 102

529 Ellen Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,555 | $1,400 | $1,705 |
| Downtown Lebanon 3 Bedroom Homes for Rent | $1,944 | $1,550 | $2,500 |
| Downtown Lebanon 4 Bedroom Homes for Rent | $2,805 | $2,079 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 15 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 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 |
Frequently Asked Questions about Downtown Lebanon
What type of rentals are currently available in Downtown Lebanon?
There are currently 70 Apartments for Rent in Downtown Lebanon, TN with pricing that ranges from $986 to $2,450. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lebanon ranging from $1,350 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 $1,350 to $4,000 with an average monthly rent of $1,932.
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 $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,079 and Four Bedroom Apartments start at $1,775.
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!