
Cheap Homes for Rent in Lebanon, TN from $1,300 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Lebanon.


624 Leeville Pike, Unit A

1426 1/2 Alhambra Dr

14261/2 Alhambra Drive Unit

706 Vincent-Cason Ave

418 Sam Houston Dr, Unit A
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

345 Franklin Terrace

1445 Toshiba Dr

1445 Toshiba Drive, #B

602 Castle Heights Ave

805 Pebble Cove Rd

1106 Bel Air Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

714 Mulberry St

540 Ellen Rd

420 Park Ave

540 Ellen Rd

540 Ellen Rd

307 Raines Ct
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

610 N Greenwood Ext

427 Rome Pike
Lebanon, TN Local Guide

How much does it cost to rent a home in Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lebanon 2 Bedroom Homes for Rent | $1,400 | $1,325 | $1,500 |
| Lebanon 3 Bedroom Homes for Rent | $2,019 | $1,300 | $2,920 |
| Lebanon 4 Bedroom Homes for Rent | $2,788 | $2,175 | $4,500 |
| Lebanon 5 Bedroom Homes for Rent | $3,246 | $3,000 | $3,700 |
Browse Top Homes for Rent in Lebanon
Explore Lebanon
Lebanon, TN Local Guide
- Lebanon Neighborhoods
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Cheapest Neighborhoods for Apartments in Lebanon, TN
Pricing Updated: 08/19/2026Current apartment rentals in the Lebanon, TN area range in price from $1,024 to $3,064 with an overall median price of $1,562. The three Lebanon neighborhoods with the lowest median rent pricing are Downtown Lebanon at $1,531, Colonial Village at $1,555, and Hillview Farms at $1,569. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Lebanon Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Lebanon | $1,531 | $1,095 | 113 |
| Colonial Village | $1,555 | $1,024 | 182 |
| Hillview Farms | $1,569 | $1,024 | 64 |
| West End Heights | $1,569 | $1,024 | 152 |
| Five Oaks | $1,579 | $1,183 | 89 |
| Hamilton Springs | $1,579 | $1,183 | 89 |
Cheapest Available Lebanon Apartments for Rent
 The cheapest available apartment rental in Lebanon, TN is a 1 Bed unit found at Crosswinds Condominiums in the Colonial Village neighborhood priced from $1,095. Greentree Pointe in the Colonial Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,183. Here is today’s list of the most affordable Lebanon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crosswinds Condominiums | 1 BR 1 BA Flat | 1BR,1BA | $1,095 |
| Greentree Pointe | 2 Bedroom Townhome | 2BR,2BA | $1,183 |
| The Pointe at Five Oaks | A2 Hinckley - One Bedroom, One Bathroom | 1BR,1BA | $1,186 |
| Stonehenge - TN | A1 | 1BR,1BA | $1,286 |
| Falls at 109 | One Bedroom | 1BR,1BA | $1,308 |
Best Value Apartments for Rent in Lebanon, TN
As of August 20, 2026 the best value apartment in the Lebanon area is the $1.17 price per square foot 3B Model at South Maple Townhomes in the in the Colonial Village neighborhood starting from $2,275. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| South Maple Townhomes | 3B | 3BR,2.5BA | $1.17 |
| Legends Townhomes | 3 Bedrooms, 2.5 Bathrooms | 3BR,2.5BA | $1.08 |
| Cedar City Townhomes | Unit 27 | 3BR,2.5BA | $1.11 |
| Hamilton Station | 3 Bedroom Traditional | 3BR,2BA | $1.29 |
| 310 Cedar St. (Units 5-12) | 2BR/2.5BA | 2BR,2.5BA | $1.26 |
| Provenza at Park Place | B2 1226sf 2/2 | 2BR,2BA | $1.37 |
| Maple Crossing | 2 Bedroom 2 Bath | 2BR,2BA | $1.30 |
| Bluebird Townhomes | 1200 Bluebird, Unit D | 2BR,1.5BA | $1.31 |
| Venue at 109 | Stirling | 2BR,2BA | $1.37 |
| Greentree Pointe | 2 Bedroom Ranch | 2BR,2BA | $1.38 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lebanon, TN Rentals by Map
See the most popular apartments and homes in Lebanon, TN
Frequently Asked Questions about Lebanon
What type of rentals are currently available in Lebanon?
There are currently 103 Apartments for Rent in Lebanon, TN with pricing that ranges from $1,000 to $3,064. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $1,300 to $4,500.
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 $1,300 to $4,500 with an average monthly rent of $2,136.
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 $1,182 to $3,064, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,920. Four Bedroom Single-Family rentals are also available starting from $2,175 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.