Apartments for Rent in Lebanon, IL

Prices and availability in Lebanon, IL were last updated on 27 Jun 2026.

The best apartments in Lebanon, IL are: Storyboard on Northtowne, Storyboard on Hayden, 18 Harmon Drive and 410 W. Main St..

The average rent in Lebanon, IL is $899.

The price range for a 2-bedroom apartment in Lebanon, IL is between $1,150 and $1,500.

The price range for a 3-bedroom apartment in Lebanon, IL is between $1,270 and $1,300.

In Lebanon 40% of the housing is rented out compared to 60% of homes are owned, according to the most recent Census Bureau estimates. 8% of Lebanon's apartments are found in large buildings of 50 units or more, 77% are located in smaller apartment complexes with less than 50 units, and 15% are single-family rentals.

The average age of rental buildings in Lebanon is 37 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Lebanon come in a range of sizes and floorplans. Studio apartments represent 25% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 75% of the total apartments in the city, while 2-bedroom floorplans represent around 0% of all rentals in Lebanon. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.