What's the average rent in Lebanon, IN?

Rental Market Trends in Lebanon, IN

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Lebanon, IN is $1,606 per month, which is 18% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,606

-2.7%-$44 decrease month-over-month

-10.6%-$189 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,516

HOUSES

$1,595

TOWNHOUSES

$2,500

As of July 2026, apartments are the most affordable rental option in Lebanon, IN at $1,516 per month, while townhomes are the most expensive at $2,500 per month. Houses average $1,595 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,600
2 Bedrooms	$1,474
3 Bedrooms	$1,675
4 Bedrooms	$1,749
All	$1,606

As of July 2026, the average rent for a 1 bedroom rental in Lebanon, IN is $1,600 per month, followed by $1,474 for a 2 bedroom rental, $1,675 for a 3 bedroom rental, and $1,749 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	—
3 Bedrooms	$2,500
4 Bedrooms	—
All	$2,500

Floor plan type	Average rent
1 Bedroom	$1,749
2 Bedrooms	$2,189
3 Bedrooms	$1,400
4 Bedrooms	—
All	$2,039

As of July 2026, the average rent for a 1 bedroom apartment in Lebanon, IN is $1,749 per month, followed by $2,189 for a 2 bedroom apartment, and $1,400 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,641
3 Bedrooms	$1,595
4 Bedrooms	$2,142
All	$1,595

As of July 2026, the average rent for a 1 bedroom house in Lebanon, IN is $900 per month, followed by $1,641 for a 2 bedroom house, $1,595 for a 3 bedroom house, and $2,142 for a 4 bedroom house.