What's the average rent in Lebanon, IN?
Rental Market Trends in Lebanon, IN
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Lebanon, IN is $1,650 per month, which is 14% lower than the national average rent of $1,930 per month.
AVERAGE RENT
$1,650
8.6%$131 increase month-over-month
-6.7%-$119 decrease year-over-year
AVAILABLE RENTALS
45
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,400 |
| 2 Bedrooms | $1,325 |
| 3 Bedrooms | $2,250 |
| 4 Bedrooms | $2,695 |
| All | $1,650 |
As of May 2026, the average rent for a 1 bedroom rental in Lebanon, IN is $1,400 per month, followed by $1,325 for a 2 bedroom rental, $2,250 for a 3 bedroom rental, and $2,695 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,650 |
| 2 Bedrooms | $1,650 |
| 3 Bedrooms | $2,499 |
| 4 Bedrooms | — |
| All | $1,835 |
As of May 2026, the average rent for a 1 bedroom apartment in Lebanon, IN is $1,650 per month, followed by $1,650 for a 2 bedroom apartment, and $2,499 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $2,250 |
| 4 Bedrooms | $2,695 |
| All | $2,019 |
As of May 2026, the average rent for a 2 bedroom house in Lebanon, IN is $1,200 per month, followed by $2,250 for a 3 bedroom house, and $2,695 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -9% compared to the previous year, which is a $160 decrease.
This year (2026)
Last year (2025)
Rent distribution
49% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $749 to $2,719.
