Apartments for Rent in Lebanon, IN

Prices and availability in Lebanon, IN were last updated on 4 Jun 2026.

The best apartments in Lebanon, IN are: Kise Estates Apartments, Honor Meadows Owner LLC, Shaker Square, Parkview of Lebanon and Lebanon Manor.

The average rent in Lebanon, IN is $1,029.

The price range for a 1-bedroom apartment in Lebanon, IN is between $1,144 and $1,499.

The price range for a 2-bedroom apartment in Lebanon, IN is between $1,240 and $1,499.

The price range for a 3-bedroom apartment in Lebanon, IN is between $2,200 and $2,399.

In Lebanon, 30% of the residents are renting compared to 70% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of Lebanon's rentals, 65% are small-scale complexes with under 50 units, and 19% are single-family rentals.

The average age of rental buildings in Lebanon is 30 years old, with 13% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 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.

Studio apartments in Lebanon are around 2% of rentals, while 1-bedroom floor plans represent 46% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 48% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.