Homes For Rent in Lebanon, MO

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What to Know About

Life in Lebanon & Beyond

Lebanon shares many of the great qualities that make Missouri a desirable place to live.

Missouri, nicknamed the "Show-Me State," is where rich history meets modern-day adventure. From the rolling hills, fertile farmland, and scenic rivers to bustling cities, Missouri offers diverse cultural experiences and breathtaking elegance. See the state's storied past by visiting iconic landmarks like the Missouri History Museum and Mark Twain Boyhood Home & Museum. This place is a haven for students, with highly esteemed universities like the University of Missouri and Missouri State University. Missouri's economy is strong, built on a foundation of industries like agriculture, manufacturing, and technology.

The state offers a diverse range of experiences for outdoor enthusiasts, from breathtaking hikes in the Ozark Mountains to leisurely floats down the Missouri River. The state has a strong sports culture with popular teams such as the Kansas City Chiefs (NFL), St. Louis Blues (NHL), and St. Louis Cardinals (MLB). Take advantage of famous attractions like the Gateway Arch, the Kansas City Zoo, the Katy Trail State Park, and the historic town of Hermann.

Missouri is a great place to live, boasting a friendly and welcoming atmosphere, plenty of job opportunities, and exciting attractions.

Rental Market Trends

Lebanon, MO

As of March 2025, Lebanon's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Lebanon's average rent is 23.7% ($283) lower than the Missouri average of $1,194 and 49.0% ($877) lower than the U.S. average of $1,788.

Average Rent
$911
Monthly ChangeMonth Over Month Change
Decreased9.5% ($96)
Yearly ChangeYear Over Year Change
Increased8.2% ($69)
Avg. Days on MarketAverage Days on Market
44
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $651 Decreased8.1% ($57) Increased2.4% ($15)
2 Beds $795 Decreased7% ($60) Increased3.5% ($27)
3 Beds $1,086 Decreased4.8% ($55) Increased0.2% ($2)
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, MO.

The average rent in Lebanon, MO is $911 per month.
Homes in Lebanon typically rent for between $600 and $1,412 per month, with an average of $911 per month.
In Lebanon, the average rent for a 1-bedroom home is $651 per month, for a 2-bedroom home, $795 per month, and a 3-bedroom home is $1,086 per month.
The average rent in Lebanon is 49% ($877) lower than the national average of $1,788 per month.
The average rent in Lebanon has decreased by 9.5% ($96) in the last month and increased by 8.2% ($69) over the past year.
The rental market in Lebanon, MO, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Lebanon, MO, the average rental stays on the market for approximately 44 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 8 rental properties available in Lebanon, MO.
Based on the current averages, a household would need an annual income of $31,800 to comfortably afford a 2-bedroom home in Lebanon.
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