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Studio Condos for Rent in Lebanon, TN

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    $750 - $1,095

    Total Monthly Price

    • Studio - 2 Beds
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    105 N Hatton Ave, Lebanon, TN 37087

    Looking for an affordable place with small-town charm and a convenient location? This 2 bedroom, 1 bathroom apartment is nestled in the heart of Lebanon, just minutes from the Lebanon Public Library, the Historic Town Square, local shops, restaurants, and more.This apartment offers character, comfort, and easy access to everything downtown Lebanon has to offer.Features

    105 N Hatton Ave, Lebanon, TN 37087
  • /13

    $1,350

    Total Monthly Price

    • Studio
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    298 Franklin Rd Unit Franklin Peaceful Garage Studio, Lebanon, TN 37087

    Fully Furnished Garage Apartment within Mins to I-40 and Restaurants. Private Entry & Driveway. Custom Tiled Shower w Kitchenette w Oven and Full Sized Fridge. All Utilities included w Internet.

    298 Franklin Rd Unit Franklin Peaceful Garage Studio, Lebanon, TN 37087

Frequently Asked Questions

How much does it cost to rent a condo in Lebanon, TN?
The median rent for a condo in Lebanon, TN is $1,850 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lebanon, TN?
To comfortably afford the median rent in Lebanon, TN, a household needs to earn roughly $77,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,925 per month in Lebanon, TN, renters typically need to show $5,775 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lebanon, TN?
In Lebanon, TN, the price-to-rent ratio is 18.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,850
Median 1 Bedroom Condo Rent
$1,000
Median 2 Bedroom Condo Rent
$1,338
Median 3 Bedroom Condo Rent
$1,888
How to Rent a Home