Cheap Homes for Rent in Lebanon, TN from $900 (18 Rentals)

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property at 501 Wilson Ave

501 Wilson Ave

LebanonTN37087

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 119 N Tarver Ave

119 N Tarver Ave

LebanonTN37087

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Lebanon, TN Local Guide

Cheapest Neighborhoods for Apartments in Lebanon, TN

Pricing Updated: 09/18/2025

Current apartment rentals in the Lebanon, TN area range in price from $1,029 to $2,409 with an overall median price of $2,006. The three Lebanon neighborhoods with the lowest median rent pricing are Hamilton Springs at $1,157, Five Oaks at $1,157, and Hillview Farms at $1,157. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Lebanon Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hamilton Springs$1,730$1,15774
Five Oaks$1,735$1,15771
Hillview Farms$1,823$1,15740
Colonial Village$2,250$1,029137
Downtown Lebanon$2,250$1,02988
West End Heights$2,250$1,029109

Cheapest Available Lebanon Apartments for Rent

 

The cheapest available apartment rental in Lebanon, TN is a 1 Bed unit found at Westgate Apartment Homes in the Colonial Village neighborhood priced from $1,029. The Reserve at Lebanon in the Colonial Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,029. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westgate Apartment Homes1B1BS1BR,1BA$1,029
The Reserve at Lebanon1 Bed / 1 Bath1BR,1BA$1,029
Greentree Pointe2 Bedroom Ranch2BR,2BA$1,179
Spring Hill TownhomesTwo Bedroom Two Bath Townhome2BR,2BA$1,204
Ironwood ApartmentsOne Bedroom1BR,1BA$1,220

Best Value Apartments for Rent in Lebanon, TN

As of September 18, 2025 the best value apartment in the Lebanon area is the $1.22 price per square foot 3A Model at South Maple Townhomes in the in the Colonial Village neighborhood starting from $2,100. The second greatest value 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 Downtown Lebanon 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 Townhomes3A3BR,2.5BA$1.22
Cedar City TownhomesThe Emma3BR,2.5BA$1.13
439 Hobbs Ave, Unit 1439 Hobbs Ave3BR,3.5BA$1.33
East Adams Townhomes2 Beds, 1.5 baths2BR,1.5BA$1.20
Hamilton Station2 Bedroom Craftsman2BR,2BA$1.18
Revere at Barton's Run2 Bedroom Craftsman Premier2BR,2BA$1.28
Bluebird Townhomes2 Bedroom2BR,1.5BA$1.30
517 Melrose StMelrose, Unit B2BR,1.5BA$1.27
Spring Hill TownhomesTwo Bedroom Two Bath Townhome2BR,2BA$1.10
Greentree Pointe2 Bedroom Ranch2BR,2BA$1.37

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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 95 Apartments for Rent in Lebanon, TN with pricing that ranges from $1,029 to $2,430. There are also 129 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $975 to $3,150.

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 $975 to $3,150 with an average monthly rent of $1,958.

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 $1,200 to $2,430, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,150. Four Bedroom Single-Family rentals are also available starting from $1,730 and Four Bedroom Apartments start at $1,695.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.