Rents are right about where Lebanon's 10-year trend predicts.
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 $1,399 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: August 17, 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 $1,399, up 15.0% 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. 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.
Discussions about Lebanon
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Can you afford rent in Lebanon on your salary?
At $1,399/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: August 17, 2026
The median rent in Lebanon is $1,399/mo as of August 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 35% of local median household income ($48,456/yr), Lebanon ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.7% 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 $1,399/mo, rent takes ~35% 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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