Lebanon

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Lebanon, IN Area Guide

Avg Rent

$1,097

Population

17,020

Renter Mix

35% Rent

Savor small-town charm and big-city amenities in Central Indiana

Suburban Family-Friendly Convenient Commuter Welcoming Close-Knit Historic Scenic Charming

Situated midway between Indianapolis and Lafayette, Lebanon provides residents with the charm and community of a small town within minutes of a wide variety of big-city amenities. Founded in 1832, Lebanon contains an inviting downtown area along Main Street, filled with unique shops, restaurants, and offices in historic buildings. The seat of Boone County, Lebanon is home to the Boone County Courthouse, which is known for having the largest single-piece limestone pillars in the world.

Outdoor recreation is abundant in Lebanon, with a host of great parks and trails in town. Lebanon also boasts high-performing schools and fun, family-oriented community events in addition to regular performances by the Lebanon Ballet and the Center Stage Community Theatre. Commuting and traveling from Lebanon is simple with access to I-65 and U.S. 52 as well as the Indianapolis International Airport.

Demographics

Median Household Income

$66,376

Average: $80,794

Education

4,032

Residents Have a Degree

Job Market

9,415

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

40 Years

Largest Age Group

25-34 Years

Approximately 14% of Residents

Under 20

23%

Over 65

20%

Housing Distribution

Lebanon has more homeowners than renters.

Renters
35%
Non-Renters
65%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
17%
Other Education
83%

Rent Trends

As of April 2026, the average apartment rent in Lebanon, IN is $1,316 for a studio, $1,060 for one bedroom, $1,230 for two bedrooms, and $1,547 for three bedrooms. Apartment rent in Lebanon has increased by 4.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,060/month
728 Sq Ft
See Rental Market Trends in Lebanon, IN

Getting Around

Fairly Walkable

Walkability

40 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

Central Elementary School

Public

Grades K-5

337 Students

Perry Worth Elementary School

Public

Grades K-5

430 Students

Hattie B Stokes Elementary School

Public

Grades K-5

381 Students

Harney Elementary School

Public

Grades PK-5

504 Students

Lebanon Middle School

Public

Grades 6-8

807 Students

Lebanon Senior High School

Public

Grades 9-12

1,027 Students

Points of Interest

Parks and Recreation

  • Conservation Park
  • Abner Longley Park
  • Memorial Park
  • Seashore Waterpark

Airports

  • Indianapolis International

Top Apartments in Lebanon

Houses for Rent in Lebanon

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.