Apartments & Condos for Rent in Lebanon, MO

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What to Know About

Life in Lebanon & Beyond

Lebanon shares many of the great qualities that make Missouri a desirable place to live.

Missouri, nicknamed the "Show-Me State," is where rich history meets modern-day adventure. From the rolling hills, fertile farmland, and scenic rivers to bustling cities, Missouri offers diverse cultural experiences and breathtaking elegance. See the state's storied past by visiting iconic landmarks like the Missouri History Museum and Mark Twain Boyhood Home & Museum. This place is a haven for students, with highly esteemed universities like the University of Missouri and Missouri State University. Missouri's economy is strong, built on a foundation of industries like agriculture, manufacturing, and technology.

The state offers a diverse range of experiences for outdoor enthusiasts, from breathtaking hikes in the Ozark Mountains to leisurely floats down the Missouri River. The state has a strong sports culture with popular teams such as the Kansas City Chiefs (NFL), St. Louis Blues (NHL), and St. Louis Cardinals (MLB). Take advantage of famous attractions like the Gateway Arch, the Kansas City Zoo, the Katy Trail State Park, and the historic town of Hermann.

Missouri is a great place to live, boasting a friendly and welcoming atmosphere, plenty of job opportunities, and exciting attractions.

Rental Market Trends

Lebanon, MO

As of April 2025, Lebanon's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Lebanon's average rent is 28.1% ($343) lower than the Missouri average of $1,219 and 51.3% ($923) lower than the U.S. average of $1,799.

Average Rent
$876
Monthly ChangeMonth Over Month Change
Decreased3.8% ($35)
Yearly ChangeYear Over Year Change
Decreased5.1% ($47)
Avg. Days on MarketAverage Days on Market
44
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $723 Increased11.1% ($72) Increased13.5% ($86)
2 Beds $858 Increased7.9% ($63) Increased11.4% ($88)
3 Beds $1,013 Decreased6.7% ($73) Decreased7.6% ($83)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lebanon Rental Market FAQs

Explore rental prices, market trends, and availability in Lebanon, MO.

The average rent in Lebanon, MO is $876 per month.
Apartments in Lebanon typically rent for between $600 and $1,317 per month, with an average of $876 per month.
In Lebanon, the average rent for a 1-bedroom apartment is $723 per month, for a 2-bedroom apartment, $858 per month, and a 3-bedroom apartment is $1,013 per month.
The average rent in Lebanon is 51.3% ($923) lower than the national average of $1,799 per month.
The average rent in Lebanon has decreased by 3.8% ($35) in the last month and decreased by 5.1% ($47) over the past year.
The rental market in Lebanon, MO, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Lebanon, MO, the average rental stays on the market for approximately 44 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 8 rental properties available in Lebanon, MO.
Based on the current averages, a household would need an annual income of $34,320 to comfortably afford a 2-bedroom apartment in Lebanon.
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