Rentometer, Inc. | Data as of 10/23/2025
Lebanon, Ohio blends small‑town charm with easy access to the greater Cincinnati region, making it a sought‑after destination for renters seeking both convenience and community. The historic downtown core, anchored by the iconic Lebanon Water Tower and vibrant Main Street boutiques, offers a walkable lifestyle complemented by a thriving arts scene, cozy cafés, and seasonal festivals. Families and professionals alike enjoy nearby natural assets such as Liberty Park, the Little Miami River trail system, and the scenic Lebanon State Park, while cultural attractions like the Smith Stone House Museum and Lebanon Raceway add a distinctive local flavor.
The rental market here presents a balanced mix of modern apartments and spacious single‑family homes, catering to a range of household sizes and lifestyle preferences. Two‑bedroom apartments typically command rents in the $1400 s, reflecting contemporary finishes and proximity to downtown amenities. For those needing more room, three‑bedroom houses average in the $2200 range, offering larger floor plans, private yards, and a suburban feel. Premium larger homes command higher rents, providing upscale options for growing families or those desiring extra space.
Neighborhoods such as West Lebanon, Heritage Hill, and the Riverbend area each bring unique character, from newer developments with community parks to established tree‑lined streets with easy access to schools and shopping centers. With excellent schools, convenient commuter routes, and a welcoming atmosphere, Lebanon remains a vibrant place to call home, whether you’re starting out, looking to upgrade, or seeking a peaceful retreat within reach of urban conveniences.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $1,472 | $1,361 | $1,110 - $2,509 | $1,200 - $1,499 |
| Apartment | 3 Bedroom | $1,666 | $1,632 | $1,340 - $2,060 | $1,365 - $2,060 |
| House | 3 Bedroom | $2,278 | $2,320 | $1,700 - $3,350 | $1,995 - $2,465 |
| House | 4+ Bedroom | $3,438 | $2,477 | $1,995 - $6,500 | $2,180 - $6,500 |
In the current period, the average rent in Lebanon was
$1,484 for 2 Bedroom,
$2,204 for 3 Bedroom, and
$3,489 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.