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Rental Market Trends in Lebanon, IL

What is the average rent in Lebanon, IL?

-

Average Rent

-

Average Apartment Size

As of May 2025, the average rent in Lebanon, IL is - per month. When you rent an apartment in Lebanon, you can expect to pay about per month for a studio, for a one-bedroom apartment, and around $1,478 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,747 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,478/month
1,057 Sq Ft
Three Bedroom
$2,747/month
1,264 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Lebanon, IL?

-

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lebanon, IL
Last Updated May 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Lebanon, IL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
75% $1,001 - $1,500/month
0% $1,501 - $2,000/month
25% Above $2,000/month

What salary do I need to live comfortably in Lebanon, IL?

Because the average rent in Lebanon is -, you’ll want to make about per month or per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lebanon, IL

11 Available Apartments for Rent

Search for Nearby Apartments

How does Lebanon, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Lebanon, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Lebanon, IL

Apartment Averages

Nearby City Rent Trends

  • O'fallon Average Rent
  • Mascoutah Average Rent
  • Fairview Heights Average Rent

Apartment communities in Lebanon we think you'll love

BSB Apartments

BSB Apartments

102 Perryman St,
Lebanon, IL 62254

2-4 Beds | $1,050 - $1,550

10964 Upland Terrace

10964 Upland Terrace

10964 Upland Terrace,
Lebanon, IL 62254

2 Beds | $1,095

Brandywine

Brandywine

104 Spartan Circle #1, Veterans Pky,
O'Fallon, IL 62269

2 Beds | $2,175 - $2,725

Townhomes on Luan Drive

Townhomes on Luan Drive

9601 Luan Dr,
Mascoutah, IL 62258

2 Beds | $1,350

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United States Illinois Lebanon Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity