Apartments For Rent in Lebanon, IN

39 rentals

Apartments For Rent Near Lebanon, IN

We found 30 more apartments matching your filters just outside Lebanon

What Locals Say about Lebanon

  • Kxdn74yd6n
    "I’ve lived here for 30 years and mostly everyone is friendly and kind. There isn’t much to do in the town but it’s still a great town."
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  • Alisha
    "I lived there for 5 years. Family friendly in most spaces. Too many bars. Schools need some improvement. "
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  • Queentina5574
    "I was raise here and after 30 years have came back home to a welcoming friendly community. This is a great safe community to raise children and to grow up in. The since of family and unity is strong and inviting to new comers."
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  • Teresa
    "My daughter and grandkids have lived in this area for 18 years .everyone is friendly and look out for each other "
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  • Homer.nevins
    "The school system is not the greatest. Yes, they teach the criteria that is needed for students to learn; but most of the questions on their larger state tests are different from what they’ve been learning. Also, punishment is not given to the max, as it should be."
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  • Robinrschutte
    "Great new well maintained members-only dog park. Good location and adequate size. So far it’s met all my expectations. "
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  • Crafttorelax
    "For purposes of my activities I do not experience major difficulties when I commute within the city."
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  • Rene.ruiz.0777
    "The Friendly City Is True To Lebanon's Slogan, However It's Not As Clean As When I Was Coming Up. We Should Have A City Clean Up Once A Month. "
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  • Bettylowe478
    "this is an older neighborhood but quite most of the time. not everyone takes c as re of homes. wish they would "
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  • Kristen R.
    "Nice sidewalks for easy walking, and we are in close proximity to the walking trail. It’s normal to see a lot of people walking their dogs, or just walking or running in the morning or evening. "
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  • Kayla d. 3.
    "great area for families. most have dogs and small children in the neighborhood. the is a pond and trail through our wooded areas"
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  • Lisa H.
    "I lived in Lebanon all my life until college. Great little town where everyone knows everyone and very friendly. The city is a "sleepy" city, but it is still a great place to live."
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  • Titusrules
    "It is welcoming. Hoa does a wonderful job. Common grounds are always kept up. Neighbors are caring but not too involved. "
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  • Samantha H.
    "I have lived in this neighborhood for 4 years and I really enjoy it. It is quite for the most part and neighbors are friendly. "
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  • walkers
    "Lebanon has been declared the cleanest city in Indiana. There are two large parks, including Memorial Park, which hosts two full-sized basketball courts, multiple pay apparatuses, and the newly built water park. The water park has two large slides, zero-depth entry, lazy river, splash area for small children, youth-sized water playground, wave pool, locker rooms, umbrellas, and concessions. Lebanon also has a movie theater in town, multiple restaurants, including BW3s, Arni's, and local bbq at Parky's, groceries, convenience stores, drug stores, and supermarkets. Sidewalks connect the city together for incredible walkability. Lebanon Community Schools were graded A by the state in 2014. The community hosts numerous events throughout the year, including the Boone County Fair, Fourth of July events, parade, and fireworks, and the Back to the Fifties Festival. It's a great place for families, young couples, and retirees. The people are friendly, there are many ways to get involved in the community, and the amenities are plentiful."
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Average Rent Trends in Lebanon, IN

Rent in Lebanon, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Sep 2025$1,400
Oct 2025$1,849
Nov 2025$1,699
Dec 2025$1,729
Jan 2026$1,695
Feb 2026$1,589
Mar 2026$1,281
Apr 2026$1,517
May 2026$1,639
Jun 2026$1,725
Jul 2026$1,755
Aug 2026$1,869
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,600$1,350$2,349$2,179$1,788
Townhomes——$2,395—$2,395
Apartments and Condos$1,869$2,089$2,919—$1,919
Houses$1,050$1,595$2,249$2,179$2,179
See more information about local market trends in Lebanon, IN

Frequently Asked Questions about Rentals in Lebanon, IN

  • What is the average rent of an apartment in Lebanon, IN?
    The average rent of an apartment in Lebanon, IN is $1,514 per month. This is about 23% lower than the national average.
  • When is the average rent cheapest in Lebanon, IN?
    In the last year, the average rent in Lebanon, IN was lowest in Sep 2025 when it was $1,400 per month.
  • When is the average rent most expensive in Lebanon, IN?
    In the last year, the average rent in Lebanon, IN was highest in Oct 2025 when it was $1,849 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Lebanon, IN?
    The average rent of a 1 bedroom apartment in Lebanon, IN is $1,600 per month. That is about $750 more than the cost of a studio apartment.
  • How many available rental listings are in Lebanon, IN?
    There are 37 available rental listings in Lebanon, IN.
  • What are some zip codes in Lebanon, IN?
    Lebanon, IN includes zip codes such as: 46052.
  • What are some cities near Lebanon, IN?
    Some nearby cities include: Ulen, Whitestown, Advance, Thorntown, Zionsville. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en renta en los alrededores de Lebanon, IN - 164 Rentas | Trulia