
Cheap Homes for Rent in Downtown Lebanon Neighborhood of Lebanon, TN from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lebanon area of Lebanon.


334 McClain Ave

209 S Greenwood St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

116 N Tarver Ave, Unit A

116 N Tarver Ave

211 N College 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.

121 Greenlawn Dr, Unit A
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 | $1,493 | $1,100 | $1,745 |
| Downtown Lebanon 3 Bedroom Homes for Rent | $1,947 | $1,625 | $2,255 |
| Downtown Lebanon 4 Bedroom Homes for Rent | $2,090 | $1,890 | $2,420 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 2 Beds unit found at Greentree Pointe priced from $812. Crosswinds Condominiums has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here are the most affordable Downtown Lebanon apartments for rent in Lebanon, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $812 |
| Crosswinds Condominiums | 1 BR 1 BA Flat | 1BR,1BA | $1,095 |
| The Highlands | 3B-RAD-50% | 3BR,2BA | $1,182 |
Best Value Apartments for Rent in Downtown Lebanon, TN
As of July 06, 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 3A Model at South Maple Townhomes starting at $2,100 with a $1.22 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Legends Townhomes | 3 Bedrooms, 2.5 Bathrooms | 3BR,2.5BA | $1.08 |
| South Maple Townhomes | 3A | 3BR,2.5BA | $1.22 |
| Maple Crossing | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
| Flats at Melrose | Unit 20 | 2BR,1.5BA | $1.24 |
| 517 Melrose St | Unit G | 2BR,1.5BA | $1.27 |
| Hartmann Plantation | The Cottonwood | 2BR,2.5BA | $1.39 |
| Bluebird Townhomes | 1200 Bluebird, Unit D | 2BR,1.5BA | $1.31 |
| The Highlands | 2B-PBV-60% | 2BR,2BA | $1.42 |
| Ironwood Apartments | 2 x 2 | 2BR,2BA | $1.36 |
| Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $0.95 |
Frequently Asked Questions about Downtown Lebanon
What type of rentals are currently available in Downtown Lebanon?
There are currently 73 Apartments for Rent in Downtown Lebanon, TN with pricing that ranges from $812 to $3,045. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lebanon ranging from $1,100 to $2,420.
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 $2,420 with an average monthly rent of $1,682.
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 $1,143 to $3,045, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,625 to $2,255. Four Bedroom Single-Family rentals are also available starting from $1,890 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.