Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Lebanon city, Indiana?
City · Census ACS 5-Year estimates
The median gross rent in Lebanon city, Indiana is $962/month (±$98), based on Census ACS 5-Year estimates (2024). The median home value is $195,600 (±$11,622), and the median household income is $65,154/year. The unemployment rate in Boone County, Indiana was 2.1% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Lebanon city, Indiana
| Metric | Value |
|---|---|
| Median Gross Rent | $962 |
| Median Home Value | $195,600 |
| Median Household Income | $65,154 |
| Total Housing Units | 7,371 |
| Renter-Occupied Units | 2,246 |
| Renter-Occupied Share | 30% |
| Households Paying 50%+ Income | 235 households |
| Unemployment Rate(April 2026) | 2.1% |
How does Lebanon city, Indiana compare?
Median gross rent ranked against all cities in Indiana.
Higher rent than 65% of cities in Indiana · 194th of 551
| # | City | Value |
|---|---|---|
| 1 | Cloverland CDP | $3,501 |
| 2 | Aberdeen CDP | $2,109 |
| 3 | Whitestown town | $1,842 |
| … 190 more … | ||
| 194 | Lebanon city(you are here) | $962 |
| … 354 more … | ||
| 549 | Spring Grove town | $437 |
| 550 | Camden town | $392 |
| 551 | Shoals town | $383 |
More data for Lebanon city, Indiana
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Frequently asked questions
What is the average rent in Lebanon city, Indiana?
The median gross rent in Lebanon city, Indiana is $962/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Lebanon city, Indiana?
The median rent for a 2-bedroom in Lebanon city, Indiana is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Lebanon city, Indiana?
The median home value in Lebanon city, Indiana is $195,600 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Lebanon city are rent-burdened?
In Lebanon city, Indiana, 235 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Lebanon city, Indiana?
The median household income in Lebanon city, Indiana is $65,154/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $962 has a margin of error of ±$98. In very small areas, MOEs can be large relative to the estimate.
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