3 Days Ago
Highlights
Pet Friendly
Location
509 N Meridian St #3, Lebanon, IN 46052, USA
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Property Overview
509 N Meridian St #3 in Lebanon offers a convenient location with features that support comfortable everyday living, along with practical advantages that may appeal to a range of buyers. Its notable characteristics and overall strengths suggest a home that balances accessibility, functionality, and appeal.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- High school nearby
- Middle school nearby
Great for
Work-from-home
Pet owners
Amenities for 509 N Meridian St #3
Features
| Balcony | Dryer |
| Forced Air | Freezer |
| Hardwood Floor | High Ceilings |
| Vaulted Ceiling | Water |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Tech
| Wired For Internet |
Community
| Cats OK | Controlled Building |
| Dogs OK | Sewage |
Grounds
| Assigned Parking | Lawn |
| Outdoor Space |
Neighborhood
| Near Parks | Street |
Other
| Designated Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 509 N Meridian St #3
Property Id: 2445617 509 N. Meridian is a stately Colonial Revival beauty just a few short blocks north of the heart of Downtown Lebanon and a few blocks south of Lebanon's huge Memorial Park. Built in 1903, 509 N. Meridian oozes with historical charm, hundred year old hardwoods and soaring ceiling heights. Unit 3 is a second floor one bedroom, one bath home with a large living room and generous bedroom. And there's plenty of bright natural light to spare. Unit 3 comes equipped with granite countertops and like-new appliances in the kitchen, including a gas range, microwave, garbage disposer, and a fridge. Unit 3 also has its own in-unit stacked washer and dryer provided. Small well-behaved pets are welcome upon approval and monthly pet rent. Gig speed wireless internet provided for only $50/mo. Water, sewer and trash are included in rent. Unit 3 at 509 N. Meridian has two entries. Your front door is just off of the top of the stairs and your back entrance is off your living room at the front of the home, opening to a bright landing area.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 509 N Meridian St, Lebanon, IN 46052, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- High school nearby
- There is a high school 0.4 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Images available
- There are at least 10 photos of this address
Address details
| Zip code | 46052 |
|---|---|
| Type | Condo for rent |
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Rent trends in Lebanon
1-bedroom apartments at 509 N Meridian St #3 cost about 33% more than the average rent price for 1-bedroom apartments in Lebanon.
Median rents as of Jun 20 2026.
Lebanon
| Month | Median Rent |
|---|---|
| July 2024 | $958 |
| August 2024 | $968 |
| September 2024 | $988 |
| October 2024 | $1,511 |
| November 2024 | $1,499 |
| December 2024 | $1,536 |
| January 2025 | $1,248 |
| February 2025 | $1,199 |
| March 2025 | $1,057 |
| April 2025 | $1,007 |
| May 2025 | $1,111 |
| June 2025 | $1,080 |
| July 2025 | $1,031 |
| August 2025 | $884 |
| September 2025 | $958 |
| October 2025 | $931 |
| November 2025 | $960 |
| December 2025 | $960 |
| January 2026 | $967 |
| February 2026 | $960 |
| March 2026 | $957 |
| April 2026 | $950 |
| May 2026 | $950 |
| June 2026 | $991 |
Affordability calculator
Can I afford to live at 509 N Meridian St #3?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 1-bedroom monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 5 years ago | $830 | 2 bed | 0 bath | ||
| 6 years ago | $950 | 2 bed | 1 bath |
Schools near 509 N Meridian St #3
Central Elementary School
515 e williams st
lebanon, IN, 46052
K-5Public
B+
Willow Lake Elementary School
7535 harcourt rd
indianapolis, IN, 46260
K-5Public
C+
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Internet available near 509 N Meridian St #3
Getting around Lebanon near 509 N Meridian St #3
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 509 N Meridian St #3, Lebanon
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
5/10
Variety of shops within a short drive
Cafes
5/10
Variety of cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
4/10
Some bars within a short drive
Other units at this address
509 N Meridian St, Lebanon, IN
509 N Meridian St Lebanon, IN
Occupied
1
2 Beds
1 Bath
$830
Hardwood Floor • Dishwasher • In-Unit Laundry • Air Conditioning
Occupied
4
2 Beds
1 Bath
$830
Hardwood Floor • Dishwasher • In-Unit Laundry
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