Last updated on June 14, 2026

Average rent in
Lebanon, OR

Key takeaways for renters

  • The bottom line

    Lebanon, OR rent rose 5.2% year over year, with a current median of $1,500/month. Renters are paying $314 more per month on average than last year, though rent eased 1.6% month over month after peaking two months ago at $1,595/month.

  • Lebanon is 23.1% more affordable than the $1,950/month national median, offering a smaller market with 62 total rentals and a moderate price point for renters.

  • Rent ranges by bedroom

    Studios rent for $1,100/month, 1-bedrooms for $1,302/month, and 2-bedrooms for $1,435/month. Larger units reach $1,995 for 3-bedrooms and $2,950 for 4+ bedrooms. The 2-bedroom median of $1,435 reflects the most common unit size in Lebanon.

  • Neighborhood spotlight

    The 3-bedroom segment in Lebanon slipped 5.0% year over year, diverging by 10.2 percentage points from the citywide rise. This contrasts with the overall market's 5.2% increase and shows varied trends by bedroom size.

Median rent

Median rent in Lebanon

$1,499/mo

increased by5%

vs previous year

The average rent in Lebanon is $1,499 per month as of June 2026. This is 23% below the national average rent, or $450 less per month.

$1.41

average price per square foot

Total rentals

Available rentals in Lebanon

62

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Lebanon rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Lebanon, OR

Average rent prices in Lebanon have decreased by 2% over the last month and have increased by 5% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Lebanon, OR

Rent prices in Lebanon vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lebanon is $1,395, whereas a house costs $2,000. 1-bedroom apartments in Lebanon run $1,305 on average, while 2-bedroom apartments are $1,400.

Listings

Studio

$1,100

805%

-

1 bedroom

$1,302

2%

9%

2 bedroom

$1,435

3%

4%

3 bedroom

$1,995

1%

No Change

4 bedroom

$2,950

8%

3%

Studio

Average rent

$1,100

Last 30 days

805%

1 bedroom

Average rent

$1,302

Last 30 days

2%

Last year

9%

2 bedroom

Average rent

$1,435

Last 30 days

3%

Last year

4%

3 bedroom

Average rent

$1,995

Last 30 days

1%

Last year

No Change

4 bedroom

Average rent

$2,950

Last 30 days

8%

Last year

3%

The table above reflects average rent prices in Lebanon, OR, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Lebanon, OR compare to other cities?

Compare median rent prices in Lebanon and Albany by all bedroom counts and property types.

Lebanon

Median rent price$1,499
decreased by23%

lower than the national median

Median rent price$1,550
decreased by21%

lower than the national median

Takeaway

The median rent for all rentals in Lebanon, OR is 3% lower than the median rent in Albany, OR.

Discover rentals in Lebanon, OR

R248 - Photo 1 of 1

1d ago

8.3

Very good

R248

515 W Oak St, Lebanon, OR 97355

2 beds

1 bath

$1,150

Apartment for rent

E Grant St - Photo 1 of 1

5d+ ago

Apartment for rent in Lebanon

Apartment for rent

177 W C St #6 - Photo 1 of 1

4d ago

Apartment for rent in Lebanon

2 beds

1 bath

$1,195

Apartment for rent

177 W C St #7 - Photo 1 of 1

4d ago

Apartment for rent in Lebanon

2 beds

1 bath

$1,195

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Lebanon, OR

Quick answers to common questions about the Lebanon rental market.

How much is rent in Lebanon?

The average rent in Lebanon is $1,499 per month as of June 13, 2026.

Is rent up or down in Lebanon?

Average rent prices in Lebanon have decreased by 2% over the last month and have increased by 5% since last year.

How does Lebanon rent compare to the national average?

Rent in Lebanon is 23% below the national average, which means renters are paying approximately $450 less per month.

What salary do I need to afford rent in Lebanon?

To comfortably afford rent in Lebanon, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Lebanon?

Lebanon's 2025 rental market shows one-bedroom apartments averaging around $1,300 per month, while two-bedroom units average around $1,500 monthly. These figures represent the current market rates across the city's rental inventory.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Albany