
Cheap Homes for Rent in New Lebanon, OH from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in New Lebanon.


2350 Germantown St

293 E Main St

41 N Marion St

461-481 N Broadway St

3537 Otterbein Ave
Dayton's Best Affordable Neighborhoods
Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

1720 Kings Mill Ct

185 N Northampton Ave

119-121 Michael Ave

5090 Altrim Rd

4841 Gardendale Ave

216 N Ardmore Ave
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.

437 Lorenz Ave

3700 Runyon Ave

4446 Genesee Ave

51 Candlewood Ct

52 Candlewood Ct

4439 Eichelberger Ave
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.
New Lebanon, OH Local Guide

How much does it cost to rent a home in New Lebanon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Lebanon 2 Bedroom Homes for Rent | $1,033 | $850 | $1,400 |
| New Lebanon 3 Bedroom Homes for Rent | $1,188 | $750 | $1,545 |
| New Lebanon 4 Bedroom Homes for Rent | $3,105 | $1,300 | $5,995 |
| New Lebanon 6 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
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New Lebanon, OH Local Guide
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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 $710. Shiloh Gardens Independent Living in the Outer Northeast neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $779. Here is today’s list of the most affordable New Lebanon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chamberlain I & II Apartments | 1A | 1BR,1BA | $710 |
| Shiloh Gardens Independent Living | 1 Bedroom | 1BR,1BA | $779 |
| Audubon Crossing | 1 Bedroom | 1BR,1BA | $790 |
| Broadmoor Apartments | Ash | 1BR,1BA | $794 |
| Meadows of Catalpa | Christy | 1BR,1BA | $795 |
Best Value Apartments for Rent in New Lebanon, OH and Nearby
As of July 26, 2026 the best value apartment in the New Lebanon area is the $0.93 price per square foot Two Bedroom Two Bathroom Model at Grafton House in the in the Downtown Dayton neighborhood starting from $1,674. The second greatest value New Lebanon apartment is the Three Bedroom Townhouse Model at Trotwood Commons starting at $1,300 with a $1.02 price per square foot in the Northern Hills neighborhood. Here is today’s list of the best values for New Lebanon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grafton House | Two Bedroom Two Bathroom | 2BR,2BA | $0.93 |
| Trotwood Commons | Three Bedroom Townhouse | 3BR,1.5BA | $1.02 |
| Rockwood Apartments | 2 BD D,K,A,N | 2BR,2BA | $0.93 |
| Townhouse Court Apartments | CT 2B 1.5B | 2BR,1.5BA | $0.95 |
| Audubon Crossing | 2 Bedroom | 2BR,1BA | $1.08 |
| Carriage House Apartments | 1 Bedroom Flat | 1BR,1BA | $0.98 |
| Executive House | 2 Bedroom Standard | 2BR,1BA | $1.24 |
| Belle Meadows | 1x1 720 | 1BR,1BA | $1.15 |
| Riverstone Apartments | Conveniently located 1 BD 1 BA apartments! off ... | 1BR,1BA | $1.20 |
| Broadmoor Apartments | Ash | 1BR,1BA | $1.20 |
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.
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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.
Best Local Schools in New Lebanon, OH
Dixie Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in New Lebanon, OH
Frequently Asked Questions about New Lebanon
What type of rentals are currently available in New Lebanon?
There are currently 66 Apartments for Rent in New Lebanon, OH with pricing that ranges from $650 to $2,415. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Lebanon ranging from $750 to $5,995.
What is the current price range for Rental Homes in New Lebanon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Lebanon ranges from $750 to $5,995 with an average monthly rent of $1,881.
How much are larger Three and Four Bedroom Rentals in New Lebanon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Lebanon range from $1,099 to $2,415, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $1,545. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,695.
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

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.