Rent in Lebanon, IN
A 2-bedroom in Lebanon, IN (ZIP 46052) typically rents for about $1,200 a month, with a range of $1,120–$1,280. Owner-occupied homes in Boone County pay about 0.78% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $990 | $990–$1,187 | 1 |
| 1 bed | $933 | $755–$1,110 | 1 |
| 2 beds | $1,200 | $1,120–$1,280 | 1 |
| 3 beds | $1,350 | $1,039–$1,660 | 1 |
| 4 beds | $2,020 | $2,020–$2,425 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Lebanon ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Lebanon, IN?
- About $1,200 a month: the median of the typical rents in 1 ZIP code, which range from $1,120–$1,280. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Lebanon, IN?
- About $933 a month: the median of the typical rents in 1 ZIP code, which range from $755–$1,110. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Lebanon, IN?
- About $1,350 a month: the median of the typical rents in 1 ZIP code, which range from $1,039–$1,660. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Lebanon, IN?
- About $990 a month: the median of the typical rents in 1 ZIP code, which range from $990–$1,187. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Lebanon, IN?
- About $2,020 a month: the median of the typical rents in 1 ZIP code, which range from $2,020–$2,425. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Lebanon, IN?
- Owner-occupied homes in Boone County pay a typical 0.78% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Lebanon rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).