Lebanon, PA Rental Market Trends
Highlights
The average rent for an apartment in Lebanon is $1,039, a change amounting to approximately 0% compared to the previous year.
Average Rent in Lebanon, PA
Last updated October 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,039 | 0% | 985 sq. ft. |
The average size for a Lebanon, PA apartment is 985 square feet, but this number varies greatly depending on apartment type. 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, PA Apartment Rent Ranges
- $701-$1,00056%
- $1,001-$1,50038%
- $1,501-$2,0005%
Lebanon, PA Occupied Housing Units
- Renter-occupied Households38%
- Owner-occupied Households61%
3,734 or 38% of the households in Lebanon, PA are renter-occupied while 6,038 or 61% are owner-occupied.
Lebanon, PA Rent Trends
| Average Rent | Mar / 2019 | Oct / 2019 |
|---|---|---|
| Lebanon, PA | $1,010 | $1,039 |
| National | $1,431 | $1,466 |
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How Does Lebanon Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Lebanon | $1,039 | n/a |
| Palmyra | $1,403 | n/a |
| Avon | $1,056 | n/a |
| Campbelltown | $1,403 | n/a |
| Cleona | $1,039 | n/a |
| Cornwall | $1,056 | n/a |
| Hebron | $1,056 | n/a |
For more information about the Lebanon rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
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 apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.