Lebanon City, IN Rental Market Trends
Highlights
The average rent for an apartment in Lebanon City is $786, a 4% increase compared to the previous year, when the average rent was $755.
Average Rent in Lebanon City, IN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $786 | 4% | 859 sq. ft. |
The average size for a Lebanon City, IN apartment is 859 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
- $501-$70038%
- $701-$1,00050%
- $1,001-$1,50012%
Lebanon City, IN Occupied Housing Units
- Renter-occupied Households38%
- Owner-occupied Households61%
2,611 or 38% of the households in Lebanon City, IN are renter-occupied while 4,172 or 61% are owner-occupied.
Lebanon City, IN Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Lebanon City, IN | $702 | $702 | $711 | $723 | $723 | $732 | $755 | $756 | $777 | $786 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How Lebanon City Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Indianapolis | $902 | 5% |
| South Bend | $963 | 6% |
| Bloomington | $1,126 | 2% |
| Fort Wayne | $802 | 6% |
| Greenwood | $871 | 5% |
| Carmel | $1,178 | 6% |
| Avon | $1,118 | 5% |
| Speedway | $772 | 5% |
| Brownsburg | $1,022 | -1% |
| Lebanon | $786 | 4% |
| Lebanon City | $786 | 4% |
For more information about the Lebanon City rental trends, check out our monthly rent report
Check out Indiana Cities, Indiana Neighborhoods and Indiana Zip Codes for more details on verified listings, including the Indiana Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!