Apartments for Rent in Lebanon, IN

Prices and availability in Lebanon, IN were last updated on 25 Aug 2026.

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

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

The price range for a studio apartment in Lebanon, IN is between $45 and $1,413.

The price range for a 1-bedroom apartment in Lebanon, IN is between $665 and $1,754.

The price range for a 2-bedroom apartment in Lebanon, IN is between $45 and $2,094.

The price range for a 3-bedroom apartment in Lebanon, IN is between $665 and $2,399.

In Lebanon 30% of the housing is rented out compared to 70% of homes are owned, according to the most recent Census Bureau estimates. 4% of Lebanon's apartments are found in large buildings of 50 units or more, 65% are located in smaller apartment complexes with less than 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.