What's the average rent in Lebanon, OR?
Rental Market Trends in Lebanon, OR
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Lebanon, OR is $1,563 per month, which is 18% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,563
3.2%$49 increase month-over-month
3.7%$56 increase year-over-year
AVAILABLE RENTALS
73
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Lebanon, OR at $1,468 per month, while houses are the most expensive at $1,817 per month. Townhomes average $1,600 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,195 |
| 2 Bedrooms | $1,525 |
| 3 Bedrooms | $1,980 |
| 4 Bedrooms | $2,100 |
| All | $1,563 |
As of May 2026, the average rent for a 1 bedroom rental in Lebanon, OR is $1,195 per month, followed by $1,525 for a 2 bedroom rental, $1,980 for a 3 bedroom rental, and $2,100 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | $1,900 |
| 4 Bedrooms | — |
| All | $1,600 |
As of May 2026, the average rent for a 2 bedroom townhome in Lebanon, OR is $1,450 per month, followed by $1,900 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,089 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,965 |
| 4 Bedrooms | — |
| All | $1,350 |
As of May 2026, the average rent for a 1 bedroom apartment in Lebanon, OR is $1,089 per month, followed by $1,350 for a 2 bedroom apartment, and $1,965 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,075 |
| 2 Bedrooms | $1,550 |
| 3 Bedrooms | $2,195 |
| 4 Bedrooms | $2,380 |
| All | $1,817 |
As of May 2026, the average rent for a 1 bedroom house in Lebanon, OR is $1,075 per month, followed by $1,550 for a 2 bedroom house, $2,195 for a 3 bedroom house, and $2,380 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -1% compared to the previous year, which is a $15 decrease.
This year (2026)
Last year (2025)
Rent distribution
55% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $975 to $2,695.