Lebanon City, IN Rental Market Trends
Last updated: October 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lebanon City is $1,314, a 26.93% increase compared to the previous year, when the average rent was $1,035.
One-bedroom apartments provide 706 square feet for $1,143, balancing privacy and affordability.
Two-beedroom units at $1,374 offer 1,047 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,403 sq ft) for $1,835, suitable for larger households.
Average rent in Lebanon City, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,314 | 936 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,143 | 706 sq. ft. |
| 2 Beds | $1,374 | 1,047 sq. ft. |
| 3 Beds | $1,835 | 1,403 sq. ft. |
Lebanon City, IN rent trends
Rental prices in Lebanon City, IN have increased by 26.93% over the past year. The average rent moved from $1,035 to $1,314.
What's the typical rent budget in Lebanon City, IN?
The largest share of rentals in Lebanon City, IN (47%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lebanon City, IN?
2,271 or 31% of the households in Lebanon City, IN are renter-occupied while 5,022 or 69% are owner-occupied.
How Lebanon City Compares to Other Cities
| City | Average Rent |
|---|---|
| Lebanon City | $1,314 |
| Hammond | $1,235 |
| Jeffersonville | $1,231 |
| New Albany | $1,106 |
| Greenwood | $1,358 |
| Indianapolis | $1,253 |
| South Bend | $1,310 |
| Fort Wayne | $1,143 |
| Evansville | $1,016 |
| Lafayette | $1,174 |
| Bloomington | $1,579 |
| Fishers, IN | $1,633 |
| Carmel, IN | $1,645 |
| Lawrence, IN | $1,195 |
| Westfield, IN | $1,611 |
| Avon, IN | $1,548 |
| Noblesville, IN | $1,566 |
| Plainfield, IN | $1,551 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lebanon City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.