Cheap Homes for Rent in Downtown Lebanon Neighborhood of Lebanon, TN from $1,200 (4 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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

Best Value Apartments for Rent in Downtown Lebanon, TN

As of June 11, 2025 the best value apartment in the Downtown Lebanon area is the $1.05 price per square foot 3-bedroom Model at Flats at Melrose in the in the Colonial Village neighborhood starting from $1,895. The second greatest value Downtown Lebanon apartment is the The Emma Model at Cedar City Townhomes starting at $1,750 with a $1.13 price per square foot in the West End Heights 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.
Flats at Melrose3-bedroom3BR,2.5BA$1.05
Cedar City TownhomesThe Emma3BR,2.5BA$1.13
South Maple Townhomes2 Bedrooms, 2.5 Bathrooms2BR,2.5BA$1.22
Maple Crossing3 Bedroom 2 Bath3BR,2BA$1.25
Hunters CreekRiver Birch Renovated3BR,2BA$1.40
Spring Hill TownhomesThree Bedroom Two Bath3BR,2BA$1.20
Greentree Pointe3 Bedroom Townhome3BR,2BA$1.18
Revere at Barton's Run2 Bedroom Craftsman Premier2BR,2BA$1.31
Bluebird Townhomes2 Bedroom2BR,1.5BA$1.32
The Fitzroy at Lebanon MarketplaceSycamore2BR,2BA$1.46

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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 $1,029 to $2,507. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lebanon ranging from $1,250 to $1,925.

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 $1,250 to $1,925 with an average monthly rent of $1,591.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.