At $2,129/mo, rent takes about 24% of the local median household income, comfortably within 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 $2,129 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
30% of the median household income ($104,511) is $2,613 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,430).
From Zillow's monthly rent index (ZORI) for South 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
South Lebanon, OH is majority owner-occupied, has a large share of families with children, has a median income above the national average, 40.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How South Lebanon, OH has changed in 5 years
On the earnings side, the typical household in South Lebanon, OH now reports about $104,511, up from $108,041 in 2021. The population has grown by 9.0% since 2021, moving from about 6,157 residents to roughly 6,712. Renters now make up 26.8% of households, compared with 14.9% five years ago. College-educated residents now make up 40.8% of adults here, versus 37.1% in 2021.
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Can you afford rent in South Lebanon on your salary?
At $2,129/mo, how South Lebanon rent compares to typical pay (30% rule).
South Lebanon rent by bedroom count
Median rent for each apartment size in South Lebanon. Click any size for full breakdown.
Tips for renters in South Lebanon
Last updated: October 17, 2026
The median rent in South Lebanon is $2,129/mo as of October 2026. A studio apartment averages $1,140/mo while a 2-bedroom runs $1,660/mo. One-bedroom apartments average $1,280/mo and 3-bedroom units go for $2,200/mo.
At 24% of local median household income ($104,511/yr), South Lebanon ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in South Lebanon?
Is rent going up or down in South Lebanon?
How does South Lebanon rent compare to other cities in Ohio?
At $2,129/mo, rent takes ~24% of South Lebanon's median household income ($104,511/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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