Cheap Apartments for Rent in Lebanon, WI from $400 (32 Rentals)

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

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.

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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.

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109 E Monroe Ave
1 to 2 Bedroom Apartments

109 E Monroe Ave

109 E Monroe AveHartford, WI 53027
  • Utilities Included
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1424 E Main St
1 to 2 Bedroom Apartments

1424 E Main St

1424 E Main StWatertown, WI 53094

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.

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405 Stark St
2 Bedroom Apartments

405 Stark St

405 Stark StBeaver Dam, WI 53916
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628 E Monroe Ave
2 Bedroom Apartments

628 E Monroe Ave

628 E Monroe AveHartford, WI 53027
  • Utilities Included
  • Smoke Free
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Lincoln Ridge
1 to 2 Bedroom Apartments

Lincoln Ridge

906 S Lincoln AveBeaver Dam, WI 53916
Senior Living
  • Utilities Included

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.

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Showing Results 1-32, Page 1 of 1

Lebanon, WI Local Guide

Cheapest Available Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lebanon, WI is a 1 Bed unit found at Bay Shore Apartments (Elderly) priced from $400. Watertown East Apartments in the Concord Estates neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $870. Here is today’s list of the most affordable Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bay Shore Apartments (Elderly)Senior Living1BR,1BA$400
Watertown East ApartmentsGarden Style2BR,1BA$870
Oconomowoc School Apartments1x1-1131BR,1BA$935
Morningside Orchard Apartments1 Bedroom Apartment (Upper)1BR,1BA$1,000
JJGF 2 - 851-861 Evergreen DrTwo Bedroom2BR,1BA$1,155
Hillcrest ApartmentsB1-HC - B11BR,1BA$1,200
Lumin Terrace8 - Upper1BR,1BA$1,235
The Preserve at Prairie CreekStandardStudio,1BA$1,268
Lincoln Ridge2BR/1.5BA2BR,1BA$1,299
The Preserve Apartments1 Bed 1 Bath Upper 1 Car Attached Garage (6)(14)1BR,1BA$1,349

Best Value Apartments for Rent in Lebanon, WI and Nearby

As of June 13, 2026 the best value apartment in the Lebanon area is the $1.04 price per square foot 2BR/1.5BA Model at Lincoln Ridge in the in the Stonehaven neighborhood starting from $1,299. The second greatest value Lebanon apartment is the 2 bedroom 2 bath 1 or 2 car att. garage Model at Wilson Heights starting at $1,669 with a $1.43 price per square foot in the Partridge Hollow 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.
Lincoln Ridge2BR/1.5BA2BR,1.5BA$1.04
Wilson Heights2 bedroom 2 bath 1 or 2 car att. garage2BR,2BA$1.43
Whitman Place ApartmentsTwo Bedroom Deluxe2BR,2BA$1.39
BIRCH CROSSING APARTMENTS2 Bedroom 2 Bathroom - Upper Split2BR,2BA$1.51
Parquelynn VillageSummit2BR,1.5BA$1.34
The Ponds1 Bed 1 Bath (4)(5)1BR,1BA$1.52
JJGF 2 - 851-861 Evergreen DrTwo Bedroom2BR,1BA$1.22
Oconomowoc School Apartments1x1-1131BR,1BA$1.01
Watertown East ApartmentsGarden Style2BR,1BA$1.09
Bay Shore Apartments (Elderly)Senior Living1BR,1BA$0.71

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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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.

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

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Frequently Asked Questions about Cheap Lebanon Apartments

How much is rent for a Cheap One Bedroom Lebanon Apartment?

The lowest price for a Cheap One Bedroom Lebanon Apartment is $400 at Bay Shore Apartments (Elderly).

What is the lowest price for a Cheap Two Bedroom Lebanon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lebanon is starting from $870 at Watertown East Apartments.

What is the most affordable Lebanon Three Bedroom Apartment?

The best deal on a cheap Lebanon Three Bedroom Apartment rental is at Watertown East Apartments and starts from $984.

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

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.