Cheap Apartments for Rent in Lebanon, WI from $400 (38 Rentals)

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

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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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628 E Monroe Ave
2 Bedroom Apartments

628 E Monroe Ave

628 E Monroe AveHartford, WI 53027
  • Utilities Included
  • Smoke Free
property at 8836 N 95th St

$1,295 - $1,350

3 Bedroom Rentals

Available Now

8836 N 95th St

MilwaukeeWI53224
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Lincoln Ridge
1 to 2 Bedroom Apartments

Lincoln Ridge

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

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.

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
Morningside Orchard Apartments1 Bedroom Apartment (Upper)1BR,1BA$1,000
Grace Manor Apts., LLC1DU1BR,1BA$1,080
The Preserve at Prairie CreekStandardStudio,1BA$1,224
Lumin Terrace8 - Upper1BR,1BA$1,235
Rincon 2251B1BR,1BA$1,365
Lincoln Ridge2BR/1.5BA2BR,1BA$1,399
Berkshire Oconomowoc Senior ApartmentsUnit H2BR,1BA$1,458
Hillcrest ApartmentsC1-HC - C12BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Wilson Heights2 bedroom 2 bath 1 or 2 car att. garage2BR,2BA$1.43
Whitman Place ApartmentsTwo Bedroom Deluxe2BR,2BA$1.39
Parquelynn VillageSummit2BR,1.5BA$1.45
Lincoln Ridge2BR/1.0BA2BR,1BA$1.50
Berkshire Oconomowoc Senior ApartmentsUnit H2BR,1BA$1.65
Hillcrest ApartmentsC1-GR - 2BDGR2BR,1BA$1.83
Watertown East ApartmentsGarden Style2BR,1BA$1.09
Rincon 2251B1BR,1BA$1.97
Lumin Terrace8 - Upper1BR,1BA$1.82
Bay Shore Apartments (Elderly)Senior Living1BR,1BA$0.71

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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.

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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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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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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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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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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.

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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.

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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.

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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.