Rents are 5% below what Lebanon's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: July 20, 2026
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Who lives here
Lebanon, PA is roughly split between renters and owners, has a median income below the national average, 15.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Lebanon, PA has changed in 5 years
Five years ago, renters in Lebanon, PA paid around $1,217 a month. That figure now sits near $1,348, up 10.8% from the 2023 baseline. Household income in the area moved from $42,382 to $48,456 across the same window, up 14.3% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. The renter share has eased from 55.9% to 53.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 10.6% to 15.9% across the same window. Reading these numbers side by side helps frame whether current listings in Lebanon, PA look reasonable against where the market sat half a decade ago.
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Can you afford rent in Lebanon on your salary?
At $1,348/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: July 20, 2026
The median rent in Lebanon is $1,348/mo as of July 2026. A studio apartment averages $905/mo while a 2-bedroom runs $1,250/mo. One-bedroom apartments average $985/mo and 3-bedroom units go for $1,590/mo.
At 33% of local median household income ($48,456/yr), Lebanon ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.
Frequently asked questions
Is Lebanon an affordable city for renters?
How much income do you need to rent in Lebanon?
Is rent going up or down in Lebanon?
Which Lebanon neighborhoods have the lowest rent?
How does Lebanon rent compare to other cities in Pennsylvania?
Which nearby cities are cheaper to rent in than Lebanon?
What percentage of Lebanon residents rent vs. own?
How does Lebanon rent compare to the national average?
At $1,348/mo, rent takes ~33% of Lebanon's median household income ($48,456/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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