
Cheap Apartments for Rent in Lebanon, WI from $400 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Lebanon.


Oconomowoc School Apartments

109 E Monroe Ave

Watertown East Apartments

Parkside Apartments, LLC

405 Stark St

Morningside Orchard Apartments

Delafield Country Aire Associates LLC

Audubon Park Apartments, LP
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.

Evergreen Terrace Apartments

Washington Manor Apartments

NATUREVIEW ESTATES

Grace Manor Apts., LLC

PARKSIDE SENIOR VILLAGE

Oriole Ponds Apartments, LLC

JJGF 2 - 851-861 Evergreen Dr

MEADOWVIEW APARTMENTS

Berkshire Oconomowoc Senior Apartments
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.

The Preserve at Prairie Creek

Lumin Terrace

Rincon 225

Audubon East Townhouses

Watertown Park Apartments, LLC

FALCON POINT APARTMENTS

MARSH VIEW ESTATES

Whitman Park Apartments

Audubon Park Landing, LLC
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.

Hillcrest Apartments

Hackney House Apartments

Washington Heights Apartments

628 E Monroe Ave

4175 N 91st St

215 N Spring St

8836 N 95th St

Lincoln Ridge

610 Creek Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

700 Mansfield Ct

N64W24124 Main St
Lebanon, WI Local Guide

How much does it cost to rent an apartment in Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lebanon Studio Apartments | $1,260 | $1,224 | $1,290 |
| Lebanon 1 Bedroom Apartments | $1,432 | $400 | $2,868 |
| Lebanon 2 Bedroom Apartments | $1,743 | $617 | $6,030 |
| Lebanon 3 Bedroom Apartments | $2,123 | $719 | $6,813 |
| Lebanon 4 Bedroom Apartments | $1,001 | $1,001 | $1,001 |
Browse Top Apartments in Lebanon
See all Apartments in LebanonExplore Lebanon
Lebanon, WI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bay Shore Apartments (Elderly) | Senior Living | 1BR,1BA | $400 |
| Watertown East Apartments | Garden Style | 2BR,1BA | $870 |
| Morningside Orchard Apartments | 1 Bedroom Apartment (Upper) | 1BR,1BA | $1,000 |
| Grace Manor Apts., LLC | 1DU | 1BR,1BA | $1,080 |
| The Preserve at Prairie Creek | Standard | Studio,1BA | $1,224 |
| Lumin Terrace | 8 - Upper | 1BR,1BA | $1,235 |
| Rincon 225 | 1B | 1BR,1BA | $1,365 |
| Lincoln Ridge | 2BR/1.5BA | 2BR,1BA | $1,399 |
| Berkshire Oconomowoc Senior Apartments | Unit H | 2BR,1BA | $1,458 |
| Hillcrest Apartments | C1-HC - C1 | 2BR,1BA | $1,475 |
Best Value Apartments for Rent in Lebanon, WI and Nearby
As of April 29, 2026 the best value apartment in the Lebanon area is the $1.43 price per square foot 2 bedroom 2 bath 1 or 2 car att. garage Model at Wilson Heights in the in the Partridge Hollow neighborhood starting from $1,669. The second greatest value Lebanon apartment is the Two Bedroom Deluxe Model at Whitman Place Apartments starting at $1,595 with a $1.39 price per square foot in the Hickorywood Farms 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. |
|---|---|---|---|
| Wilson Heights | 2 bedroom 2 bath 1 or 2 car att. garage | 2BR,2BA | $1.43 |
| Whitman Place Apartments | Two Bedroom Deluxe | 2BR,2BA | $1.39 |
| Parquelynn Village | Summit | 2BR,1.5BA | $1.45 |
| Lincoln Ridge | 2BR/1.0BA | 2BR,1BA | $1.50 |
| Berkshire Oconomowoc Senior Apartments | Unit H | 2BR,1BA | $1.65 |
| Hillcrest Apartments | C1-GR - 2BDGR | 2BR,1BA | $1.83 |
| Watertown East Apartments | Garden Style | 2BR,1BA | $1.09 |
| Rincon 225 | 1B | 1BR,1BA | $1.97 |
| Lumin Terrace | 8 - Upper | 1BR,1BA | $1.82 |
| Bay Shore Apartments (Elderly) | Senior Living | 1BR,1BA | $0.71 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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, WI Rentals by Map
See the most popular apartments and homes in Lebanon, WI
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

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.