
Cheap Apartments for Rent near Lebanon, WI from $400 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Lebanon.


Oconomowoc School Apartments

Watertown East Apartments

Parkside Apartments, LLC

1424 E Main St, Watertown, WI 53094

405 Stark St

Delafield Country Aire Associates LLC

Natureview Estates

JJGF 2 - 851-861 Evergreen Dr

Washington Manor Apartments
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.

Grace Manor Apts., LLC

Lakeview Apartments

109 E Monroe Ave

PARKSIDE SENIOR VILLAGE

Audubon Park Apartments, LP

Hillcrest Apartments

Evergreen Terrace Apartments

MEADOWVIEW APARTMENTS

Whitman Park Apartments

Watertown Park Apartments, LLC
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.

Rincon 225

Morningside Orchard Apartments

Audubon East

FALCON POINT APARTMENTS

MARSH VIEW ESTATES

The Preserve Apartments

The Preserve at Prairie Creek

Audubon Park Landing, LLC

Lumin Terrace

The Locklyn
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.

Oriole Ponds Apartments, LLC

Berkshire Oconomowoc Senior Apartments

Hackney House Apartments

The Ponds

Woodnote Residences

Whitman Place Apartments

Parquelynn Village

Norden Range Apartments

BIRCH CROSSING APARTMENTS

Worthington Apartments
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.

Wilson Heights

Lake Country Village Apartments

River Park Apartments

THE GATEWAY

223 Dickinson St

Washington Heights Apartments

628 E Monroe Ave

4175 N 91st St

215 N Spring St

113 E Milwaukee St
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.
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 | $1,383 | $1,265 | $1,449 |
| Lebanon 1 Bedroom Apartments | $1,598 | $400 | $3,661 |
| Lebanon 2 Bedroom Apartments | $1,723 | $617 | $6,391 |
| Lebanon 3 Bedroom Apartments | $2,232 | $822 | $6,988 |
| 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
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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) in the Dodge County neighborhood 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 |
| 405 Stark St | 2 bed 1 bath | 2BR,1BA | $1,050 |
| JJGF 2 - 851-861 Evergreen Dr | One bedroom | 1BR,1BA | $1,090 |
| Washington Manor Apartments | 2 bedroom 1 bathroom-2 car attached garage | 2BR,1BA | $1,099 |
| Lakeview Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,100 |
| Hillcrest Apartments | B1-HC - B1 | 1BR,1BA | $1,145 |
| Whitman Park Apartments | A-Den | 2BR,1BA | $1,265 |
| Morningside Orchard Apartments | 1 Bedroom Apartment (Upper) | 1BR,1BA | $1,275 |
| Natureview Estates | 2b2bal | 2BR,2BA | $1,310 |
Best Value Apartments for Rent in Lebanon, WI and Nearby
As of September 12, 2026 the best value apartment in the Lebanon area is the $1.17 price per square foot 2New/2G Model at Audubon East in the in the Concord Estates neighborhood starting from $1,400. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Audubon East | 2New/2G | 2BR,2BA | $1.17 |
| Wilson Heights | 2 bedroom 2 bath 1 or 2 car att. garage | 2BR,2BA | $1.43 |
| The Preserve Apartments | 2 Bed 2 Bath Upper 1 Car Attached Garage (8)(12) | 2BR,2BA | $1.34 |
| Natureview Estates | 2b2bal | 2BR,2BA | $1.19 |
| Whitman Park Apartments | A-Den | 2BR,1BA | $1.25 |
| Lakeview Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.16 |
| 405 Stark St | 2 bed 1 bath | 2BR,1BA | $1.31 |
| Watertown East Apartments | Garden Style | 2BR,1BA | $1.09 |
| 1424 E Main St, Watertown, WI 53094 | 1B / 1B | 1BR,1BA | $1.42 |
| Bay Shore Apartments (Elderly) | Senior Living | 1BR,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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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, WI Rentals by Map
See the most popular apartments and homes in Lebanon, WI
Frequently Asked Questions about Cheap Lebanon Apartments
What is the Cheapest Studio apartment in Lebanon?
Currently the most affordable Cheap Studio Apartment in Lebanon is at The Locklyn listed at $1,391.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.