Cheap Homes for Rent in Lebanon, TN from $1,000 (17 Rentals)

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

property at 507 Fairview Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

507 Fairview Ave

LebanonTN37087
property at 121 Greenlawn Dr

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 2 Bath Home for Rent

Available Now

121 Greenlawn Dr, Unit A, Unit A

121 Greenlawn Dr
LebanonTN37087

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.

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.

property at 416 Lealand Ln

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 1 Bath Home for Rent

Available Now

416 Lealand Ln

LebanonTN37087
property at 416 Lealand Ln

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 1 Bath Home for Rent

Available Now

416 Lealand Ln

LebanonTN37087

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Lebanon, TN Local Guide

Cheapest Neighborhoods for Apartments in Lebanon, TN

Pricing Updated: 05/21/2026

Current apartment rentals in the Lebanon, TN area range in price from $812 to $3,253 with an overall median price of $1,987. The three Lebanon neighborhoods with the lowest median rent pricing are Downtown Lebanon at $812, Hamilton Springs at $812, and Five Oaks at $812. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Lebanon Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Lebanon$1,955$812142
Hamilton Springs$1,962$81296
Five Oaks$1,995$81296
Colonial Village$1,999$812207
West End Heights$1,999$812171
Hillview Farms$2,014$1,02464

Cheapest Available Lebanon Apartments for Rent

 

The cheapest available apartment rental in Lebanon, TN is a 2 Beds unit found at Greentree Pointe in the Colonial Village neighborhood priced from $812. Crosswinds Condominiums in the Colonial Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greentree Pointe2 Bedroom Ranch2BR,2BA$812
Crosswinds Condominiums1 BR 1 BA Flat1BR,1BA$1,095
Spring Hill TownhomesTwo Bedroom Two Bathroom2BR,2BA$1,194
Maple Crossing2 Bedroom 2 Bath2BR,2BA$1,194
Hartmann PlantationThe Kathryn1BR,1BA$1,232

Best Value Apartments for Rent in Lebanon, TN

As of May 21, 2026 the best value apartment in the Lebanon area is the $1.15 price per square foot 3C Model at South Maple Townhomes in the in the Colonial Village neighborhood starting from $2,400. The second greatest value Lebanon apartment is the 3 Bedrooms, 2.5 Bathrooms Model at Legends Townhomes starting at $1,999 with a $1.08 price per square foot in the Colonial Village neighborhood. Here is today’s list of the best values for Lebanon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South Maple Townhomes3C3BR,2.5BA$1.15
Legends Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.08
Cedar City TownhomesUnit 243BR,2.5BA$1.11
Stone Haven Villas603 Stonehaven Pl3BR,2.5BA$1.28
Flats at MelroseUnit 123BR,2.5BA$1.27
Stonehenge - TNC13BR,2BA$1.29
Maple Crossing3 Bedroom 2 Bath3BR,2BA$1.24
Spring Hill TownhomesThree Bedroom Two Bath3BR,2BA$1.15
Bluebird Townhomes1195 Bluebird, Unit C2BR,1.5BA$1.31
Greentree Pointe2 Bedroom Ranch2BR,2BA$0.95

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lebanon

What type of rentals are currently available in Lebanon?

There are currently 93 Apartments for Rent in Lebanon, TN with pricing that ranges from $812 to $3,595. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $1,000 to $3,100.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lebanon ranges from $1,000 to $3,100 with an average monthly rent of $2,000.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lebanon range from $1,143 to $3,291, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,880. Four Bedroom Single-Family rentals are also available starting from $2,129 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.