Homes & Apartments for Rent in Lebanon, PA

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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 May 2026, Lebanon's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lebanon's average rent is 9.0% ($140) lower than the Pennsylvania average of $1,556 and 20.8% ($373) lower than the U.S. average of $1,789.

Average Rent
$1,416
Monthly ChangeMonth Over Month Change
Decreased1.6% ($23)
Yearly ChangeYear Over Year Change
Increased13.5% ($168)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,115 Decreased3.6% ($42) Increased4.8% ($51)
2 Beds $1,516 Increased4.9% ($71) Increased10.7% ($146)
3 Beds $1,712 Increased4.6% ($76) Increased13.2% ($199)
Nearby Cities Average Rent Avg. Rent vs. LebanonAverage Rent vs. Lebanon Avg. Days on MarketAverage Days on Market
Myerstown $1,269 Decreased10.4% ($147) 41 days
Palmyra $1,662 Increased17.4% ($246) 39 days
Hershey $1,466 Increased3.5% ($50) 30 days
Manheim $1,618 Increased14.3% ($202) 32 days
Lititz $2,200 Increased55.4% ($784) 35 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 $1,416 per month.
Homes in Lebanon typically rent for between $781 and $2,226 per month, with an average of $1,416 per month.
In Lebanon, the average rent for a 1-bedroom home is $1,115 per month, for a 2-bedroom home, $1,516 per month, and a 3-bedroom home is $1,712 per month.
The average rent in Lebanon is 20.8% ($373) lower than the national average of $1,789 per month.
The average rent in Lebanon has decreased by 1.6% ($23) in the last month and increased by 13.5% ($168) 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 29 rental properties available in Lebanon, PA.
Based on the current averages, a household would need an annual income of $60,640 to comfortably afford a 2-bedroom home in Lebanon.
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