Homes & Apartments for Rent in Lebanon, OR

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What to Know About

Life in Lebanon & Beyond

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

Oregon is where stunning landscapes meet majestic mountains. Immerse yourself in the state's rich history and heritage by visiting the Oregon Museum of Science and Industry, the Portland Art Museum, and the Oregon Historical Society. Or further your education at top-ranked universities like the University of Oregon and Oregon State University. Oregon's diverse and growing economy, driven by technology, agriculture, and tourism, offers ample employment opportunities.

The state offers a rich landscape for outdoor enthusiasts, from skiing in the Cascade Mountains and hiking the Columbia River Gorge to exploring the rugged Oregon Coast. Sports fans can also cheer for the Portland Trail Blazers (NBA) or take in a game at Autzen Stadium or Moda Center. Discover famous attractions like the International Rose Test Garden, Powell's City of Books, and the breathtaking Crater Lake National Park. And remember to take in the spectacular views of the Oregon Coast, which stretches for 363 miles along the Pacific Ocean.

With its scenic natural wonders, vibrant culture, and endless opportunities for adventure, Oregon is the perfect place to call home.

Rental Market Trends

Lebanon, OR

As of April 2026, Lebanon's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Lebanon's average rent is 6.0% ($95) lower than the Oregon average of $1,595 and 16.1% ($288) lower than the U.S. average of $1,788.

Average Rent
$1,500
Monthly ChangeMonth Over Month Change
Increased0.5% ($7)
Yearly ChangeYear Over Year Change
Decreased4.3% ($67)
Avg. Days on MarketAverage Days on Market
41
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,293 Increased0.1% ($1) Decreased6.8% ($95)
2 Beds $1,476 Increased1.2% ($18) Decreased5.4% ($85)
3 Beds $1,848 Decreased1.4% ($26) Increased0.9% ($17)
Nearby Cities Average Rent Avg. Rent vs. LebanonAverage Rent vs. Lebanon Avg. Days on MarketAverage Days on Market
Sweet Home $1,339 Decreased10.7% ($161) 33 days
Albany $1,597 Increased6.5% ($97) 32 days
Stayton $1,197 Decreased20.2% ($303) 39 days
Jefferson $1,747 Increased16.5% ($247) 36 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, OR.

The average rent in Lebanon, OR is $1,500 per month.
Homes in Lebanon typically rent for between $905 and $2,402 per month, with an average of $1,500 per month.
In Lebanon, the average rent for a 1-bedroom home is $1,293 per month, for a 2-bedroom home, $1,476 per month, and a 3-bedroom home is $1,848 per month.
The average rent in Lebanon is 16.1% ($288) lower than the national average of $1,788 per month.
The average rent in Lebanon has increased by 0.5% ($7) in the last month and decreased by 4.3% ($67) over the past year.
The rental market in Lebanon, OR, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Lebanon, OR, the average rental stays on the market for approximately 41 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 57 rental properties available in Lebanon, OR.
Based on the current averages, a household would need an annual income of $59,040 to comfortably afford a 2-bedroom home in Lebanon.
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