
Cheap Homes for Rent in Lebanon, WI from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lebanon.


121 N High St
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.

4175 N 91st St

320 Edward 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.

451 Linden Dr
Lebanon, WI 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 | $1,471 | $1,099 | $1,950 |
| Lebanon 3 Bedroom Homes for Rent | $2,228 | $1,745 | $3,450 |
| Lebanon 4 Bedroom Homes for Rent | $3,000 | $2,000 | $3,500 |
| Lebanon 5 Bedroom Homes for Rent | $4,300 | $3,600 | $5,000 |
Browse Top Homes for Rent in Lebanon
Explore 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. 109 E Monroe Ave in the Partridge Hollow neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. 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 |
| 109 E Monroe Ave | 1 Bedroom 1 Bathroom | 1BR,1BA | $840 |
| Watertown East Apartments | Garden Style | 2BR,1BA | $870 |
Best Value Apartments for Rent in Lebanon, WI and Nearby
As of May 28, 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 Bed 2 Bath Upper 1 Car Attached Garage (7)(13) Model at The Preserve Apartments starting at $1,529 with a $1.22 price per square foot in the Stonehaven 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. |
|---|---|---|---|
| Lincoln Ridge | 2BR/1.5BA | 2BR,1.5BA | $1.04 |
| The Preserve Apartments | 2 Bed 2 Bath Upper 1 Car Attached Garage (7)(13) | 2BR,2BA | $1.22 |
| 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 | $1.43 |
| The Ponds | 1 Bed 1 Bath (4)(5) | 1BR,1BA | $1.52 |
| 109 E Monroe Ave | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.88 |
| Berkshire Oconomowoc Senior Apartments | Unit H | 2BR,1BA | $1.65 |
| Watertown East Apartments | Garden Style | 2BR,1BA | $1.09 |
| 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 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 Lebanon
What type of rentals are currently available in Lebanon?
There are currently 46 Apartments for Rent in Lebanon, WI with pricing that ranges from $400 to $6,068. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lebanon ranging from $700 to $5,000.
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 $700 to $5,000 with an average monthly rent of $2,342.
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 $719 to $3,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,745 to $3,450. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,001.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.