Cheap Apartments for Rent in New Lebanon, OH from $500 (34 Rentals)

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Dayton's Best Affordable Neighborhoods

Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

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Audubon Crossing
1 to 2 Bedroom Apartments

Audubon Crossing

119 Edgewood AveDayton, OH 45402
Senior Living
  • Utilities Included

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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.

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Valley Glen Apartments
2 Bedroom Apartments

Valley Glen Apartments

1001 E Linden AveMiamisburg, OH 45342
  • Utilities Included

New Lebanon, OH Local Guide

Cheapest Available New Lebanon Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Lebanon, OH is a 1 Bed unit found at Chamberlain I & II Apartments in the Downtown Dayton neighborhood priced from $650. Rockwood Apartments in the Downtown Dayton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable New Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Chamberlain I & II ApartmentsS31BR,1BA$650
Rockwood Apartments1 BD F1BR,1BA$695
Brookview PlaceStudioStudio,1BA$700
320 GraftonStudioStudio,1BA$700
Executive House1 Bedroom standard1BR,1BA$775
Shiloh Gardens Independent Living1 Bedroom1BR,1BA$779
Audubon Crossing1 Bedroom1BR,1BA$790
Riverstone Apartments1 BD Standard1BR,1BA$795
Meadows of CatalpaChristy1BR,1BA$795
Carriage House Apartments1 bedroom Cottage1BR,1BA$810

Best Value Apartments for Rent in New Lebanon, OH and Nearby

As of March 13, 2026 the best value apartment in the New Lebanon area is the $0.89 price per square foot Two Bedroom Two Bathroom Model at Grafton House in the in the Downtown Dayton neighborhood starting from $1,600. The second greatest value New Lebanon apartment is the 2BR/2.0BA Model at Spacious 2 bedroom 2 bath apartments in Harrison Township! starting at $1,095 with a $1.09 price per square foot in the Northridge Estates neighborhood. Here is today’s list of the best values for New Lebanon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.89
Spacious 2 bedroom 2 bath apartments in Harrison Township!2BR/2.0BA2BR,2BA$1.09
Stoneridge Apartments2 Bed 1 BathStoneridge Apartments2BR,1BA$1.07
Audubon Crossing1 Bedroom1BR,1BA$0.91
Trotwood CommonsTwo Bedroom Garden2BR,1BA$1.16
Rockwood Apartments1 BD E1BR,1BA$0.89
Belle Meadows1x1 7201BR,1BA$1.15
Carriage House Apartments1 bedroom Cottage1BR,1BA$1.15
Riverstone Apartments1 BD Standard1BR,1BA$1.20
Apartments at 310 Superior1 Bedroom 1 Bathroom1BR,1BA$1.27

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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The 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.

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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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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap New Lebanon Apartments

What is the Cheapest Studio apartment in New Lebanon?

Currently the most affordable Cheap Studio Apartment in New Lebanon is at 320 Grafton listed at $700.

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

The lowest price for a Cheap One Bedroom New Lebanon Apartment is $650 at Chamberlain I & II Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in New Lebanon is starting from $817 at Audubon Crossing.

What is the most affordable New Lebanon Three Bedroom Apartment?

The best deal on a cheap New Lebanon Three Bedroom Apartment rental is at Englewood Villas & Residences and starts from $1,175.

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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Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH

Written by: Kim Mooneyham

Once an industrial powerhouse in southwest Ohio, Dayton is gradually changing from a strictly blue-collar city to a light blue-collar/white-collar city with education, tech, and urban development opportunities.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.