Cheap Apartments for Rent in Lebanon, MO

35 rentals

Apartments For Rent Near Lebanon, MO

We found 30 more apartments matching your filters just outside Lebanon

Average Rent Trends in Lebanon, MO

Rent in Lebanon, MO varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Nov 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Dec 2025$1,000
Jan 2026$900
Feb 2026$1,000
Mar 2026$1,200
Apr 2026$1,100
May 2026$900
Jun 2026$950
Jul 2026$1,000
Aug 2026$1,050
Sep 2026$925
Oct 2026$900
Nov 2026$800
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$650$750$1,100$1,300$850
Townhomes—$795$1,250—$795
Apartments and Condos$650$750$1,050—$750
Houses$700$750$1,050$1,300$900

Frequently Asked Questions about Rentals in Lebanon, MO

  • What is the average rent of an apartment in Lebanon, MO?
    The average rent of an apartment in Lebanon, MO is $750 per month. This is about 61% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Lebanon, MO?
    Last year, the cheapest month to find an apartment to rent was May 2025 when it was $900 per month.
  • How many cheap apartments are available in Lebanon, MO?
    There are 20 apartments to rent that are cheaper than the city’s average rent of $850.
  • When is the average rent most expensive in Lebanon, MO?
    In the last year, the average rent in Lebanon, MO was highest in Aug 2025 when it was $1,250 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Lebanon, MO?
    The average rent of a 1 bedroom apartment in Lebanon, MO is $650 per month. That is about $100 less than the cost of a studio apartment.
  • What are some neighborhoods in Lebanon, MO?
    Some neighborhoods in Lebanon, MO include: Evergreen, Bennett Springs.
  • What are some zip codes in Lebanon, MO?
    Lebanon, MO includes zip codes such as: 65536, 65590, 65722, 65567, 65764.
  • What are some cities near Lebanon, MO?
    Some nearby cities include: Phillipsburg, Eldridge, Stoutland, Conway, Windyville. These cities may have more rental options to explore.