Rent in Lebanon, OR
A 2-bedroom in Lebanon, OR (ZIP 97355) typically rents for about $1,370 a month, with a range of $1,370–$1,726. Owner-occupied homes in Linn County pay about 0.87% 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 | $892 | $892–$1,202 | 1 |
| 1 bed | $1,091 | $1,091–$1,413 | 1 |
| 2 beds | $1,370 | $1,370–$1,726 | 1 |
| 3 beds | $1,454 | $1,454–$2,380 | 1 |
| 4 beds | $1,192 | $1,192–$2,672 | 1 |
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 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Lebanon, OR?
- About $1,370 a month: the median of the typical rents in 1 ZIP code, which range from $1,370–$1,726. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Lebanon, OR?
- About $1,091 a month: the median of the typical rents in 1 ZIP code, which range from $1,091–$1,413. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Lebanon, OR?
- About $1,454 a month: the median of the typical rents in 1 ZIP code, which range from $1,454–$2,380. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Lebanon, OR?
- About $892 a month: the median of the typical rents in 1 ZIP code, which range from $892–$1,202. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Lebanon, OR?
- About $1,192 a month: the median of the typical rents in 1 ZIP code, which range from $1,192–$2,672. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Lebanon, OR?
- Owner-occupied homes in Linn County pay a typical 0.87% 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).