Homes for Rent in 17046

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What to Know About

Life in Lebanon & Beyond

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

Pennsylvania is a state rich in history and charm. Explore the state's culture by visiting historic sites like Independence Hall, the Liberty Bell, and Gettysburg National Military Park. Pennsylvania is also home to respected universities like the University of Pennsylvania, Carnegie Mellon University, Drexel University, and Penn State University. Pennsylvania's economy thrives on manufacturing, healthcare, and technology. The state is also home to a thriving theater and art scene, with institutions such as the Kimmel Center for the Performing Arts, the Pittsburgh Symphony Orchestra, and the Pennsylvania Ballet.

For those who love the great outdoors, Pennsylvania offers opportunities for skiing in the Pocono Mountains, fishing in Lake Erie, and exploring the scenic Appalachian Mountains. Sports fans can catch professional games for teams like the Philadelphia Eagles (NFL), Pittsburgh Steelers (NFL), Philadelphia Flyers (NHL), Philadelphia Phillies (MLB), and Philadelphia 76ers (NBA). Be amazed by the popular attractions like the Philly Cheesesteak, the Amish Country, and the Pittsburgh Zoo.

Discover a blend of old and new in Pennsylvania, where history and progress coexist to make it a great place to live.

Rental Market Trends

Lebanon, PA

As of July 2025, Lebanon's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lebanon's average rent is 18.2% ($294) lower than the Pennsylvania average of $1,617 and 25.5% ($452) lower than the U.S. average of $1,775.

Average Rent
$1,323
Monthly ChangeMonth Over Month Change
Increased2.5% ($32)
Yearly ChangeYear Over Year Change
Decreased14.8% ($230)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,149 Increased8.7% ($92) Decreased19.5% ($278)
2 Beds $1,432 Increased5.4% ($73) Decreased15.6% ($264)
3 Beds $1,705 Increased5.1% ($83) Decreased14.7% ($294)
Nearby Cities Average Rent Avg. Rent vs. LebanonAverage Rent vs. Lebanon Avg. Days on MarketAverage Days on Market
Myerstown $1,594 Increased20.5% ($271) 41 days
Annville $1,233 Decreased6.8% ($90) 38 days
Palmyra $1,254 Decreased5.2% ($69) 39 days
Hershey $1,629 Increased23.1% ($306) 30 days
Manheim $1,723 Increased30.2% ($400) 32 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, PA.

The average rent in Lebanon, PA is $1,323 per month.
Homes in Lebanon typically rent for between $804 and $2,217 per month, with an average of $1,323 per month.
In Lebanon, the average rent for a 1-bedroom home is $1,149 per month, for a 2-bedroom home, $1,432 per month, and a 3-bedroom home is $1,705 per month.
The average rent in Lebanon is 25.5% ($452) lower than the national average of $1,775 per month.
The average rent in Lebanon has increased by 2.5% ($32) in the last month and decreased by 14.8% ($230) over the past year.
The rental market in Lebanon, PA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lebanon, PA, the average rental stays on the market for approximately 28 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 36 rental properties available in Lebanon, PA.
Based on the current averages, a household would need an annual income of $57,280 to comfortably afford a 2-bedroom home in Lebanon.
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