ZIP Code · PA

ZIP 17046

Part of Lebanon, PA

Pop. 31,835·Lebanon County·215th most expensive ZIP in Pennsylvania

Median rent (all units)

$1,275/mo

Year-over-Year

+4.5%

Month-over-Month

+1.3%

vs US Median

-$657

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 17046 · $1,275

More affordable than 88% 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

$1,000

1 BR

$1,070

2 BR

$1,360

3 BR

$1,730

4 BR+

$1,890

Research median

$1,360/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 17046 changed +4.5% over the year to September 2026. Across the 205 Pennsylvania ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent has risen 8 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($62,221) is $1,556 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,360); a 3-bedroom is $1,730.

From Zillow's monthly rent index (ZORI) for ZIP 17046. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,300/yr

At $1,275/mo median

Location

CityLebanon

StatePA

CountyLebanon County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 4.5% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+4.5% YoY, +1.3% MoM), not inventory.

Demographics

Who lives here

ZIP 17046 (Lebanon, PA) is majority owner-occupied, has a median income below the national average, 13.2% of residents hold a bachelor's degree or higher.

Population

31,835

Median income

$62,221

Median age

40.8

Renters

36.4%

Age distribution

22.5%

20.6%

24.6%

13.7%

18.5%

Under 1822.5%

18–3420.6%

35–5424.6%

55–6413.7%

65+18.5%

Gender

49.5%

50.5%

Male49.5%

Female50.5%

Race & ethnicity

65.8%

33.7%

White65.8%

Black3.2%

Hispanic33.7%

Asian1.1%

Education (25+)

16.2%

45.5%

25.1%

13.2%

No HS diploma16.2%

HS diploma45.5%

Some college25.1%

Bachelor's+13.2%

Housing tenure

63.6%

36.4%

Owner63.6%

Renter36.4%

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

2021 vs 2026

How ZIP 17046 in Lebanon, PA has changed in 5 years

Income

$50,417 → $62,221

up 23.4%

Population

31,406 → 31,835

up 1.4%

Renter share

38% → 36.4%

-1.6 pts

Bachelor's+

11.3% → 13.2%

+1.9 pts

Median age

38.3 → 40.8

+2.5 yrs

Local incomes tracked alongside that move, going from a median of $50,417 in 2021 to $62,221 more recently. Census counts show ZIP 17046 in Lebanon, PA adding about 429 residents over the five-year window, up 1.4% on net. The renter share has eased from 38% to 36.4%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 17046

About renting in ZIP 17046

Last updated: October 17, 2026

ZIP code 17046 covers Lebanon, PA. The median rent here is $1,275/mo as of October 2026. A 1-bedroom rents for a median of $1,070/mo. A 2-bedroom rents for a median of $1,360/mo.

At 25% of local median household income ($62,221/yr), ZIP 17046 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 17046?

To keep rent at or below 30% of gross income, you would need to earn at least $51,000/year (about $25/hour full-time) to afford the median rent of $1,275/mo in ZIP 17046. The local median household income is $62,221/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 17046?

Rent in ZIP 17046 has risen 4.5% over the past year.

How does ZIP 17046 compare to other ZIPs in Pennsylvania?

ZIP 17046 is one of the more affordable among Pennsylvania ZIP codes for rent, ranking #215 of 261 at $1,275/mo. Over the year to September 2026, rent in ZIP 17046 changed +4.5%, against a typical +3.8% across the 205 Pennsylvania ZIP codes Zillow tracks.