RentDataNowRentDataNow
ZIP Code · PA

ZIP 17042

Part of Lebanon, PA
Pop. 40,161·Lebanon County·173rd most expensive ZIP in Pennsylvania
Median rent (all units)
$1,433/mo
Year-over-Year
-4.6%
Month-over-Month
-2.2%
vs US Median
-$532
Falling (Monthly)
Be the first to discuss 17042 rents ↓
Most AffordableMost Expensive
ZIP 17042 · $1,433
More affordable than 78% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

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

Loading…

Last updated: July 20, 2026

Annual cost
$17,196/yr
At $1,433/mo median
Location
StatePA
CountyLebanon County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 4.6% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-4.6% YoY, -2.2% 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

Discussions about ZIP 17042

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 17042

About renting in ZIP 17042

Last updated: July 20, 2026

ZIP code 17042 covers Lebanon, PA. The median rent here is $1,433/mo as of July 2026. A 1-bedroom rents for a median of $1,130/mo. A 2-bedroom rents for a median of $1,430/mo.

At 23% of local median household income ($74,831/yr), ZIP 17042 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 4.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 17042?

As of July 20, 2026, the median monthly rent in ZIP 17042 (Lebanon, PA) is $1,433. This is based on aggregated data from public sources and community submissions.

How does ZIP 17042 rent compare to the US average?

ZIP 17042's median rent of $1,433/mo is $532 (27%) below the US national median of $1,965/mo.

How does ZIP 17042 compare to other ZIPs in Pennsylvania?

ZIP 17042 falls in the middle range for Pennsylvania, ranking #173 out of 270 ZIPs at $1,433/mo.

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 $57,000/year (~$27/hour full-time) to afford the median rent of $1,433/mo in ZIP 17042. The local median household income is $74,831/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 17042?

Rent in ZIP 17042 has decreased 4.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 17042 an affordable place to rent?

ZIP 17042 is considered very affordable for renters. At $1,433/mo, rent takes approximately 23% of the local median household income ($74,831/yr). The standard benchmark is 30%. ZIP 17042 falls comfortably within that range.

What percentage of ZIP 17042 residents rent vs. own?

According to Census data, approximately 29.9% of ZIP 17042 households are renters, while 70.1% are owner-occupied. ZIP 17042 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 17042 compare to the rest of Lebanon?

ZIP 17042 is pricier than Lebanon as a whole. At $1,433/mo, it's $85 above the Lebanon citywide median of $1,348/mo.

When was rent data for ZIP 17042 last updated?

Rent data for ZIP 17042 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,433/mo, rent takes ~23% of ZIP 17042's median household income ($74,831/yr). The standard benchmark is 30%.

ZIP 17042 23%Benchmark 30%
State income tax3.07%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 17042 (Lebanon, PA)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.