Apartments & Condos for Rent in Lebanon, PA

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What to Know About

Life in Lebanon & Beyond

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

Pennsylvania is a state rich in history and charm. Explore the state's culture by visiting historic sites like Independence Hall, the Liberty Bell, and Gettysburg National Military Park. Pennsylvania is also home to respected universities like the University of Pennsylvania, Carnegie Mellon University, Drexel University, and Penn State University. Pennsylvania's economy thrives on manufacturing, healthcare, and technology. The state is also home to a thriving theater and art scene, with institutions such as the Kimmel Center for the Performing Arts, the Pittsburgh Symphony Orchestra, and the Pennsylvania Ballet.

For those who love the great outdoors, Pennsylvania offers opportunities for skiing in the Pocono Mountains, fishing in Lake Erie, and exploring the scenic Appalachian Mountains. Sports fans can catch professional games for teams like the Philadelphia Eagles (NFL), Pittsburgh Steelers (NFL), Philadelphia Flyers (NHL), Philadelphia Phillies (MLB), and Philadelphia 76ers (NBA). Be amazed by the popular attractions like the Philly Cheesesteak, the Amish Country, and the Pittsburgh Zoo.

Discover a blend of old and new in Pennsylvania, where history and progress coexist to make it a great place to live.

Rental Market Trends

Lebanon, PA

As of April 2025, Lebanon's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lebanon's average rent is 24.7% ($411) lower than the Pennsylvania average of $1,666 and 30.2% ($544) lower than the U.S. average of $1,799.

Average Rent
$1,255
Monthly ChangeMonth Over Month Change
Decreased2.6% ($33)
Yearly ChangeYear Over Year Change
Decreased12.2% ($174)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,084 Decreased6.5% ($75) Decreased13.7% ($172)
2 Beds $1,355 Decreased2.1% ($29) Decreased9.2% ($138)
3 Beds $1,504 Decreased8.4% ($138) Decreased14.5% ($255)
Nearby Cities Average Rent Avg. Rent vs. LebanonAverage Rent vs. Lebanon Avg. Days on MarketAverage Days on Market
Myerstown $1,594 Increased27% ($339) 41 days
Annville $1,233 Decreased1.8% ($22) 38 days
Palmyra $1,254 Decreased0.1% ($1) 39 days
Womelsdorf $1,205 Decreased4% ($50) 29 days
Hershey $1,309 Increased4.3% ($54) 30 days
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, PA.

The average rent in Lebanon, PA is $1,255 per month.
Apartments in Lebanon typically rent for between $759 and $1,955 per month, with an average of $1,255 per month.
In Lebanon, the average rent for a 1-bedroom apartment is $1,084 per month, for a 2-bedroom apartment, $1,355 per month, and a 3-bedroom apartment is $1,504 per month.
The average rent in Lebanon is 30.2% ($544) lower than the national average of $1,799 per month.
The average rent in Lebanon has decreased by 2.6% ($33) in the last month and decreased by 12.2% ($174) over the past year.
The rental market in Lebanon, PA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lebanon, PA, the average rental stays on the market for approximately 28 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 37 rental properties available in Lebanon, PA.
Based on the current averages, a household would need an annual income of $54,200 to comfortably afford a 2-bedroom apartment in Lebanon.
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