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What to Know About
Life in Lebanon & Beyond
Lebanon shares many of the great qualities that make Indiana a desirable place to live.
Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.
The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.
With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.
Rental Market Trends
Lebanon, IN
As of August 2025, Lebanon's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lebanon's average rent is 5.2% ($65) lower than the Indiana average of $1,247 and 34.0% ($608) lower than the U.S. average of $1,790.
Average Rent
$1,182
Monthly ChangeMonth Over Month Change
1.3% ($16)
Yearly ChangeYear Over Year Change
13% ($177)
Avg. Days on MarketAverage Days on Market
33
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,046 | 3.1% ($34) | 0.9% ($10) |
| 2 Beds | $1,326 | 0.2% ($3) | 9.3% ($113) |
| 3 Beds | $1,657 | 2.7% ($44) | 9.5% ($174) |
| Nearby Cities | Average Rent | Avg. Rent vs. LebanonAverage Rent vs. Lebanon | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Whitestown | $1,933 | 63.5% ($751) | 29 days |
| Zionsville | $1,970 | 66.7% ($788) | 30 days |
| Brownsburg | $1,259 | 6.5% ($77) | 35 days |
| Westfield | $1,673 | 41.5% ($491) | 32 days |
| Carmel | $2,036 | 72.3% ($854) | 28 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lebanon Rental Market FAQs
Explore rental prices, market trends, and availability in Lebanon, IN.
The average rent in Lebanon, IN is $1,182 per month.
Apartments in Lebanon typically rent for between $732 and $2,154 per month, with an average of $1,182 per month.
In Lebanon, the average rent for a 1-bedroom apartment is $1,046 per month, for a 2-bedroom apartment, $1,326 per month, and a 3-bedroom apartment is $1,657 per month.
The average rent in Lebanon is 34% ($608) lower than the national average of $1,790 per month.
The average rent in Lebanon has decreased by 1.3% ($16) in the last month and decreased by 13.0% ($177) over the past year.
The rental market in Lebanon, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lebanon, IN, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 9 rental properties available in Lebanon, IN.
Based on the current averages, a household would need an annual income of $53,040 to comfortably afford a 2-bedroom apartment in Lebanon.
