At $2,487/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,487 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Lebanon changed -2.9% over the year to September 2026. Across the 14 New Hampshire cities Zillow tracks, the typical change was +3.2%.
Rent has fallen 4 months in a row, and rose in 5 of the last 12 months.
30% of the median household income ($98,147) is $2,454 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,030); a 3-bedroom is $2,700.
Hartford, VT, 4 miles away, rents for 22% less ($1,941/mo), about $6,600 a year in savings.
From Zillow's monthly rent index (ZORI) for Lebanon. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Lebanon, NH is roughly split between renters and owners, has a large retiree population, has a median income above the national average, 57.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Lebanon, NH has changed in 5 years
Household income in the area moved from $80,619 to $98,147 across the same window, up 21.7% versus 2021. Headcount in the area went from 14,316 to 14,999 between 2021 and 2024, a 4.8% change. About 48.8% of households rent today, against 47% in 2021.
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Can you afford rent in Lebanon on your salary?
At $2,487/mo, how Lebanon rent compares to typical pay (30% rule).
Lebanon rent by bedroom count
Median rent for each apartment size in Lebanon. Click any size for full breakdown.
Tips for renters in Lebanon
Last updated: October 17, 2026
The median rent in Lebanon is $2,487/mo as of October 2026. A studio apartment averages $1,480/mo while a 2-bedroom runs $2,030/mo. One-bedroom apartments average $1,550/mo and 3-bedroom units go for $2,700/mo.
At 30% of local median household income ($98,147/yr), Lebanon ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.9% over the past year.
Frequently asked questions
How much income do you need to rent in Lebanon?
Is rent going up or down in Lebanon?
How does Lebanon rent compare to other cities in New Hampshire?
At $2,487/mo, rent takes ~30% of Lebanon's median household income ($98,147/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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