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Rent in Lebanon, KY

A 2-bedroom in Lebanon, KY (ZIP 40033) typically rents for about $731 a month, with a range of $731–$909. Owner-occupied homes in Marion County pay about 0.69% 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

Typical monthly rent in Lebanon, KY by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$650$6501
1 bed$539$539–$7361
2 beds$731$731–$9091
3 beds$819$819–$1,1391
4 beds$1,482$1,4821

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Lebanon ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Lebanon, KY?
About $731 a month: the median of the typical rents in 1 ZIP code, which range from $731–$909. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Lebanon, KY?
About $539 a month: the median of the typical rents in 1 ZIP code, which range from $539–$736. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Lebanon, KY?
About $819 a month: the median of the typical rents in 1 ZIP code, which range from $819–$1,139. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Lebanon, KY?
About $650 a month: the median of the typical rents in 1 ZIP code, which range from $650. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Lebanon, KY?
About $1,482 a month: the median of the typical rents in 1 ZIP code, which range from $1,482. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Lebanon, KY?
Owner-occupied homes in Marion County pay a typical 0.69% 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?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).