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Rental Market Trends in Lebanon, NH

Updated September 2026

The average rent in Lebanon, NH is $2,502/month.

Rent in Lebanon is 50% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$2,502/month

Average Rent

645 Sq Ft

Average Size

-5.9%

Change / Year

135

Available Apartments

Lebanon rent varies by unit size and layout:

  • Studio apartments in Lebanon average $1,935 per month.
  • One-bedroom apartments in Lebanon average $2,502 per month.
  • Two-bedroom apartments in Lebanon average $2,571 per month.
  • Three-bedroom apartments in Lebanon average $3,149 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,935/month
458 Sq Ft
One Bedroom
$2,502/month
645 Sq Ft
Two Bedroom
$2,571/month
1,010 Sq Ft
Three Bedroom
$3,149/month
1,583 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,490/month
860 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,307/month
776 Sq Ft
View Lebanon Apartments

How much has average rent changed in Lebanon, NH?

In the past year, rent has decreased by 5.9%, which averages out to $147 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lebanon, NH

September 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Lebanon, NH
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
10% $1,001 - $1,500/month
20% $1,501 - $2,000/month
70% Above $2,000/month

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

Because the average rent in Lebanon is $2,502, you’ll want to make about $8,340 per month or $100,080 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, NH

135 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Lebanon, NH 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.

View the Lebanon Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • West Lebanon

    West Lebanon

    Avg Rent: $1,533/month

  • White River Junction

    White River Junction

    Avg Rent: $1,129/month

  • Hanover

    Hanover

    Avg Rent: $2,244/month

Apartment Communities in Lebanon We Think You'll Love

Prospect Hills

Prospect Hills

25 Mountain View Dr,
Lebanon, NH 03766

2-3 Beds | $2,875 - $3,465

The Marek South

The Marek South

343 Mount Support Rd,
Lebanon, NH 03766

1 Bed | $1,655 - $3,655

Hanover Place Residences

Hanover Place Residences

25 Foothill St,
Lebanon, NH 03766

Studio - 1 Bed | $1,950 - $2,750

38 Hillcrest Ter

38 Hillcrest Ter

38 Hillcrest Ter,
White River Junction, VT 05001

2-3 Beds | $2,600 - $2,800

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Frequently Asked Questions

What is the average rent in Lebanon?

The average rent in Lebanon is $2,502 per month, which is 50.3% higher than the national average of $1,665.

Are rents going up or down in Lebanon?

Rents in Lebanon, NH are decreasing, with prices down 5.9% year-over-year and $147 less per month.

What rent range is most common in Lebanon?

In Lebanon, NH, 70% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States New Hampshire 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 September 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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity