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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

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As of November 2026, Lebanon's rental market is cooling, with rentals spending about 42 days on the market, slower than in Oregon (28), and rents down 1.7% over the past year. Lebanon's average rent is 11.1% ($204) lower than the Oregon average of $1,843 and 19.5% ($397) lower than the U.S. average of $2,036.

Average Rent
$1,639
Monthly ChangeMonth Over Month Change
Decreased0.64% ($11)
Yearly ChangeYear Over Year Change
Decreased1.7% ($28)
Days on Market
42
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,227 Increased0.02% Decreased0.4% ($5)
2 Beds $1,355 Decreased1.03% ($14) Decreased3.2% ($45)
3 Beds $2,074 Increased0.12% ($2) Decreased1.4% ($29)
Nearby Cities Average Rent Avg. Rent vs. LebanonAverage Rent vs. Lebanon Days on Market
Crabtree $1,647 Increased0.5% ($8) 43 days
Brownsville $1,818 Increased10.9% ($179) 43 days
Sweet Home $1,712 Increased4.5% ($73) 44 days
Tangent $1,997 Increased21.8% ($358) 43 days
Albany $1,667 Increased1.7% ($28) 43 days
Based on rentals advertised on RentalSource in and around Lebanon.
Frequently Asked Questions
Lebanon Rental Market FAQs

Explore rental prices, market conditions, and affordability in Lebanon, OR.

The average rent in Lebanon, OR is $1,639 per month.
In Lebanon, the average rent is about $1,227 per month for a 1-bedroom home, $1,355 for a 2-bedroom home and $2,074 for a 3-bedroom home.
The average rent in Lebanon is 19.5% ($397) lower than the national average of $2,036 per month.
The rental market in Lebanon, OR is currently cooling, with rentals spending about 42 days on the market, slower than in Oregon (28), and rents down 1.7% over the past year.
Based on the current averages, a household would need an annual income of $54,200 to comfortably afford a 2-bedroom home in Lebanon.
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