Cheap Apartments for Rent in New Lebanon, OH from $500 (36 Rentals)

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

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.

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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.

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Audubon Crossing
1 to 2 Bedroom Apartments

Audubon Crossing

119 Edgewood AveDayton, OH 45402
Senior Living
  • Utilities Included

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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Valley Glen Apartments
2 Bedroom Apartments

Valley Glen Apartments

1001 E Linden AveMiamisburg, OH 45342
  • Utilities Included

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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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 Studio 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 Studio apartment currently listed from $700. Here is today’s list of the most affordable New Lebanon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Chamberlain I & II ApartmentsS3Studio,1BA$650
Rockwood ApartmentsStudio C, LStudio,1BA$700
320 Grafton Ave1 Bedroom1BR,1BA$750
Executive House1 Bedroom standard1BR,1BA$775
Shiloh Gardens Independent Living1 Bedroom1BR,1BA$779
Audubon Crossing1 Bedroom1BR,1BA$790
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$795
Wingate at Belle Meadows Apartments1 Bedroom Garden1BR,1BA$799
Belle Meadows1x1 7201BR,1BA$825
Meadows of CatalpaChristy1BR,1BA$850

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

As of November 06, 2025 the best value apartment in the New Lebanon area is the $0.59 price per square foot 23 W Weaver St Model at 23 W Weaver St, Unit 23 in the starting from $1,175. The second greatest value New Lebanon apartment is the Two Bedroom Two Bathroom Model at Grafton House starting at $1,600 with a $0.89 price per square foot in the Downtown Dayton 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.
23 W Weaver St, Unit 2323 W Weaver St3BR,2BA$0.59
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.89
Carriage House Apartments2 Bedroom Townhome2BR,2BA$1.03
Garden Woods ApartmentsRenovated Two Bedroom/Two Bath2BR,2BA$1.15
Audubon Crossing2 Bedroom2BR,1BA$1.08
Englewood Villas & ResidencesThree Bedroom Garden Apartment3BR,2BA$1.31
Trotwood CommonsOne Bedroom Garden1BR,1BA$1.19
Belle Meadows1x1 7201BR,1BA$1.15
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$1.20
Wingate at Belle Meadows Apartments1 Bedroom Garden1BR,1BA$1.23

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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Best Local Schools in
New Lebanon, OH

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Getting Around New Lebanon, OH

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Chamberlain I & II Apartments listed at $650.

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

The lowest price for a Cheap One Bedroom New Lebanon Apartment is $722 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 $940 at Trotwood Commons.

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

Helpful Apartment Articles, How-To's and Tips

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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.