Rent in Lebanon, TN
Across Lebanon's 3 ZIP codes, a 2-bedroom typically rents for about $1,660 a month, with figures from $1,108–$1,798. The highest typical rent is in 37088 ($1,700) and the lowest in 37087 ($1,254). Owner-occupied homes in Wilson County pay about 0.42% 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 | $1,430 | $600–$1,585 | 3 |
| 1 bed | $1,465 | $1,097–$1,650 | 3 |
| 2 beds | $1,660 | $1,108–$1,798 | 3 |
| 3 beds | $2,055 | $1,396–$2,309 | 3 |
| 4 beds | $2,260 | $1,880–$2,799 | 3 |
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, TN?
- About $1,660 a month: the median of the typical rents in 3 ZIP codes, which range from $1,108–$1,798. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Lebanon, TN?
- About $1,465 a month: the median of the typical rents in 3 ZIP codes, which range from $1,097–$1,650. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Lebanon, TN?
- About $2,055 a month: the median of the typical rents in 3 ZIP codes, which range from $1,396–$2,309. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Lebanon, TN?
- About $1,430 a month: the median of the typical rents in 3 ZIP codes, which range from $600–$1,585. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Lebanon, TN?
- About $2,260 a month: the median of the typical rents in 3 ZIP codes, which range from $1,880–$2,799. Figures are gross rent (rent plus tenant-paid utilities).
- Which Lebanon ZIP code has the highest rent?
- For a 2-bedroom, 37088 has the highest typical rent at $1,700 a month, and 37087 the lowest at $1,254.
- What is the property tax rate in Lebanon, TN?
- Owner-occupied homes in Wilson County pay a typical 0.42% 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).