Cheap Apartments for Rent in New Lebanon, OH from $500 (52 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Salem Woods
Rent Specials
$1,100 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,400
Total Monthly Price
$1,100 - $1,400
1 to 2 Bedroom Apartments Available Now

Salem Woods

5291 Wood Creek RdDayton, OH 45426
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Valley Glen Apartments
2 Bedroom Apartments

Valley Glen Apartments

1001 E Linden AveMiamisburg, OH 45342
  • Utilities Included
close
View Me
Bridges of Pine Creek
1 to 2 Bedroom Apartments

Bridges of Pine Creek

3771 Cornell DrDayton, OH 45406
  • Utilities Included

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.

Read Article
close
View Me
Foxboro Arms
2 Bedroom Apartments

Foxboro Arms

100-118 N Alex RdWest Carrollton, OH 45449
  • Utilities Included

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.

Read Article
Showing Results 1-50, Page 1 of 2

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. Brookview Place in the Northridge Estates 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 ApartmentsS31BR,1BA$650
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
Flats on Wolf Creek1 Bedroom1BR,1BA$798
Belle Meadows1x1 7201BR,1BA$825

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

As of June 15, 2026 the best value apartment in the New Lebanon area is the $0.93 price per square foot 2 BD D,K,A,N Model at Rockwood Apartments in the in the Downtown Dayton neighborhood starting from $1,025. The second greatest value New Lebanon apartment is the CT 2B 1.5B Model at Townhouse Court Apartments starting at $995 with a $0.95 price per square foot in the Grafton Hill 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.
Rockwood Apartments2 BD D,K,A,N2BR,2BA$0.93
Townhouse Court ApartmentsCT 2B 1.5B2BR,1.5BA$0.95
Fox RunThe Den Renovated2BR,1BA$1.34
Broadmoor ApartmentsOak2BR,1BA$1.02
Audubon Crossing2 Bedroom2BR,1BA$1.08
Trotwood CommonsTwo Bedroom Garden2BR,1BA$1.26
Belle Meadows1x1 7201BR,1BA$1.15
Meadows of CatalpaAspen1BR,1BA$1.29
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.

Read Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
New Lebanon, OH

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Lebanon, OH Rentals by Map

Decorative image of map

See the most popular apartments and homes in New Lebanon, OH

View Map
New Lebanon, OH Apartments Map
View Map
New Lebanon, OH Rental Homes Map

Frequently Asked Questions about Cheap New Lebanon Apartments

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 $950 at Executive House.

What is the most affordable New Lebanon Three Bedroom Apartment?

The best deal on a cheap New Lebanon Three Bedroom Apartment rental is at Flats on Wolf Creek and starts from $1,098.

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

decorative image for Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.