Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Lebanon City, IN Rental Market Trends
What is the average rent in Lebanon City?
The average rent for an apartment in Lebanon City is $881. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Lebanon City, IN
Last updated December 2021
| Average Rent | Average Apartment Size |
|---|---|
| $881 | 851 sq. ft. |
What is the average apartment size in Lebanon City?
The average size for a Lebanon City, IN apartment is 851 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lebanon City, IN Apartment Rent Ranges
Lebanon City, IN Occupied Housing Units
2,867 or 41% of the households in Lebanon City, IN are renter-occupied while 4,099 or 58% are owner-occupied.
Lebanon City, IN Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Dec / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Lebanon City, IN | $732 | $755 | $756 | $777 | $786 | $786 | $804 | $813 | $835 | $881 |
| National | $1,340 | $1,344 | $1,376 | $1,384 | $1,387 | $1,379 | $1,383 | $1,393 | $1,476 | $1,572 |
How Lebanon City Compares to Other Cities
| City | Average Rent |
|---|---|
| Indianapolis | $1,020 |
| Greenwood | $1,071 |
| Fishers | $1,357 |
| Lawrence | $883 |
| Fort Wayne | $947 |
| Lebanon City | $881 |
Most Popular Apartments in Lebanon City
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lebanon City apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.