ZIP Code · PA

ZIP 17042

Part of Lebanon, PA

Pop. 40,161·Lebanon County·152nd most expensive ZIP in Pennsylvania

Median rent (all units)

$1,499/mo

Year-over-Year

-0.7%

Month-over-Month

Stable

vs US Median

-$433

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 17042 · $1,499

More affordable than 73% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,050

1 BR

$1,130

2 BR

$1,430

3 BR

$1,820

4 BR+

$1,990

Research median

$1,430/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Pennsylvania

Rent in ZIP 17042 changed -0.7% over the year to September 2026. Across the 205 Pennsylvania ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($74,831) is $1,871 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,820); a 4-bedroom is $1,990.

Cheaper nearby

ZIP 17046, 6 miles away, rents for 15% less ($1,275/mo), about $2,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 17042. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,988/yr

At $1,499/mo median

Location

CityLebanon

StatePA

CountyLebanon County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (-0.7% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 17042 (Lebanon, PA) is majority owner-occupied, has a large retiree population, 28.2% of residents hold a bachelor's degree or higher.

Population

40,161

Median income

$74,831

Median age

41.9

Renters

29.9%

Age distribution

23.1%

17.8%

23.6%

14.2%

21.3%

Under 1823.1%

18–3417.8%

35–5423.6%

55–6414.2%

65+21.3%

Gender

49.9%

50.1%

Male49.9%

Female50.1%

Race & ethnicity

77.3%

17.7%

White77.3%

Black3.1%

Hispanic17.7%

Asian1.6%

Education (25+)

38.2%

22.4%

28.2%

No HS diploma11.2%

HS diploma38.2%

Some college22.4%

Bachelor's+28.2%

Housing tenure

70.1%

29.9%

Owner70.1%

Renter29.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 17042 in Lebanon, PA has changed in 5 years

Income

$65,067 → $74,831

up 15.0%

Population

39,095 → 40,161

up 2.7%

Renter share

31.5% → 29.9%

-1.6 pts

Bachelor's+

24.7% → 28.2%

+3.5 pts

Median age

43.7 → 41.9

-1.8 yrs

Median household income climbed from $65,067 to $74,831 between 2021 and 2024, a 15.0% shift. Census counts show ZIP 17042 in Lebanon, PA adding about 1,066 residents over the five-year window, up 2.7% on net. The renter share has eased from 31.5% to 29.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 24.7% to 28.2% across the same window.

Community

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Local insights

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About renting in ZIP 17042

Last updated: October 17, 2026

ZIP code 17042 covers Lebanon, PA. The median rent here is $1,499/mo as of October 2026. A 1-bedroom rents for a median of $1,130/mo. A 2-bedroom rents for a median of $1,430/mo.

At 24% of local median household income ($74,831/yr), ZIP 17042 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 17042?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (about $29/hour full-time) to afford the median rent of $1,499/mo in ZIP 17042. The local median household income is $74,831/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 17042?

Rent in ZIP 17042 has fallen 0.7% over the past year.

How does ZIP 17042 compare to other ZIPs in Pennsylvania?

ZIP 17042 is in the middle among Pennsylvania ZIP codes for rent, ranking #152 of 261 at $1,499/mo. Over the year to September 2026, rent in ZIP 17042 changed -0.7%, against a typical +3.8% across the 205 Pennsylvania ZIP codes Zillow tracks.