Rentometer, Inc. | Data as of 12/05/2025
Lebanon, New Hampshire offers a vibrant rental market that blends historic charm with the energy of a thriving college town. Situated in the Upper Valley along the scenic Connecticut River, the city is home to Dartmouth College, a major draw for students, faculty, and professionals seeking a dynamic community. The area’s walkable downtown features boutique shops, riverside parks, and a growing culinary scene, making it an attractive base for renters who value both convenience and natural beauty.
The rental inventory in Lebanon includes a mix of modern apartments and classic New England houses, providing options for a variety of lifestyles. Studio apartments typically fall in the $1800s range, while one‑bedroom units are commonly priced in the $2400 range, reflecting the strong demand from students and young professionals. Larger two‑bedroom apartments often command rents in the $2600 range, offering spacious living for families or shared households. Many properties feature updates such as hardwood floors, in‑unit laundry, and proximity to public transit routes that connect the city to nearby Hanover and the broader Upper Valley.
Beyond housing, Lebanon’s appeal is enhanced by its cultural and recreational amenities. Residents enjoy easy access to the Lebanon Historical Society, the Lebanon Opera House, and outdoor activities at nearby ski resorts and hiking trails. The city’s strong sense of community, combined with a robust rental market, makes Lebanon an excellent choice for anyone looking to settle in a welcoming New England locale.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,784 | $1,969 | $1,050 - $2,040 | $1,580 - $2,000 |
| Apartment | 1 Bedroom | $2,430 | $2,557 | $1,440 - $2,940 | $2,500 - $2,800 |
| Apartment | 2 Bedroom | $2,648 | $2,515 | $2,475 - $3,044 | $2,495 - $2,875 |
In the current period, the average rent in Lebanon was $1,784 for Studio, $2,431 for 1 Bedroom, $2,572 for 2 Bedroom, and $2,246 for 3 Bedroom.
Data provided by Rentometer, Inc.