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3 Bedroom Apartments for Rent in Lebanon, IN - 9 Rentals available

We found 2 rentals in Lebanon, IN and 7 rentals nearby

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We found 7 rentals within a 10-mile radius of Lebanon, IN

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Lebanon, IN Demographics

  • Total Population22,064
  • Female 11,163
    Male 10,901
  • Median Age40.7

Average Rent for 3 Bedroom apartments in Lebanon, IN

  • The average rent for a 3 Bedroom apartment in Lebanon, IN, November 2018$723/mo
  • 1 Bedroom$642
  • 2 Bedrooms$771
  • 3 Bedrooms$1,039

Lebanon, IN 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Nov / 2018 $723 $1,039
Jan / 2018 $723 $1,039
Sept / 2017 $711 $1,029
May / 2017 $702 $1,029
Jan / 2017 $702 $1,029
Sept / 2016 $704 $1,029
May / 2016 $680 $999
Jan / 2016 $687 $999
Sept / 2015 $684 $964
May / 2015 $671 $964
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Check out the average rent prices in Lebanon by neighborhood.

Lebanon, IN Households

  • Total Number of Households9,066
  • Family 6,244
    Non-family 2,822
  • Children 2,844
    No Children 6,222
  • Average People Per Household2.38
  • Median Household Income$49,496
  • Median Housing Costs Per Month$782

Lebanon, IN Education Statistics

  • No High School4%
  • Some High School47%
  • Some College22%
  • Associate Degree7%
  • Bachelor Degree16%
  • Graduate Degree4%

Renting a 3 bedroom apartment in Lebanon, IN

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 983 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Lebanon, IN, rents on 3 bedroom apartments go up to $775. 2 rental properties offer 3 bedroom units in Lebanon, IN to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Lebanon, IN

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $585 in Lebanon, IN, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Lebanon City or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.