What's the average rent in Lebanon, IN?

Rental Market Trends in Lebanon, IN

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Lebanon, IN is $1,959 per month, which is about the same as the national average rent of $1,962 per month.

AVERAGE RENT

$1,959

12.0%$210 increase month-over-month

39.9%$559 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,490

HOUSES

$1,625

TOWNHOUSES

$2,049

As of September 2026, apartments are the most affordable rental option in Lebanon, IN at $1,490 per month, while townhomes are the most expensive at $2,049 per month. Houses average $1,625 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,729
2 Bedrooms	$1,595
3 Bedrooms	$2,349
4 Bedrooms	$2,199
All	$1,959

As of September 2026, the average rent for a 1 bedroom rental in Lebanon, IN is $1,729 per month, followed by $1,595 for a 2 bedroom rental, $2,349 for a 3 bedroom rental, and $2,199 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,959
2 Bedrooms	$2,169
3 Bedrooms	$2,099
4 Bedrooms	—
All	$2,049

As of September 2026, the average rent for a 1 bedroom townhome in Lebanon, IN is $1,959 per month, followed by $2,169 for a 2 bedroom townhome, and $2,099 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,999
2 Bedrooms	$2,029
3 Bedrooms	$2,919
4 Bedrooms	—
All	$2,019

As of September 2026, the average rent for a 1 bedroom apartment in Lebanon, IN is $1,999 per month, followed by $2,029 for a 2 bedroom apartment, and $2,919 for a 3 bedroom apartment.