Newest Homes for Rent in Lebanon, IL

/16
$1,025

Total Monthly Price
- 2 Beds
- 2 Baths
- 1,150 Sq Ft
- Condo for Rent
428 W Dee St Unit 52, Lebanon, IL 62254

The property used to be an old hat factory. It was completely remodeled back into modern condos and has a unique style to it that our tenants appreciate.Open feeling with cathedral ceilings, skylights, ceiling fans, and large windows. Includes refrigerator, microwave, oven, dishwasher, garbage disposal, and laundry hookups. Both bedrooms have a full bathroom.It is a ground level

428 W Dee St Unit 52, Lebanon, IL 62254
Explore Lebanon
/16
$1,895 Per Month
- 3 Beds
- 3 Baths
- 2,154 Sq Ft
- House for Rent
10925 Upland Terrace, Lebanon, IL 62254

Welcome to 10925 Upland Terrace Drive in Lebanon, IL — a well-appointed three-bedroom, three-bath home featuring a finished basement that expands living and entertaining space. The main level includes a cozy fireplace and a back deck that opens to a fenced backyard, providing outdoor privacy and room for relaxation. The primary bedroom offers a walk-in closet for organized storage, and the

10925 Upland Terrace, Lebanon, IL 62254
/20
Starting at $1,100 Per Month
- 2 - 4 Beds
102 Perryman St, Lebanon, IL 62254

https://youtu.be/eM3fBA28g3w Are you tired of living below a noisy neighbor? At University Commons, our residents enjoy a quiet space with some of the largest floor plans around!! Nestled within the heart of Southern Illinois and less than a half hour’s drive off interstate 64 from down town Saint Louis, University Commons offers new construction town homes with the latest updates and

BSB Apartments

102 Perryman St, Lebanon, IL 62254

Illinois St. Clair County

Frequently Asked Questions

How much does it cost to rent a home in Lebanon, IL?

The median rent for a home in Lebanon, IL is $1,895 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.

How much do you need to make to afford rent in Lebanon, IL?

To comfortably afford the median rent in Lebanon, IL, a household needs to earn roughly $75,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,895 per month in Lebanon, IL, renters typically need to show $5,685 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Lebanon, IL?

In Lebanon, IL, the price-to-rent ratio is 9.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Lebanon, IL

There are currently 3 homes available for rent in Lebanon, IL. The median rent is $1,895 per month, with single-family homes renting at $1,595 and condos at $938.

Rental Home Trends

Number of Homes for Rent 3	Median Rent $1,895
Median Single Family Home Rent $1,595	Median Condo Rent $938

How to Rent a Home

Rentals in Lebanon

Homes for Rent by Bedrooms in Lebanon

Rentals by Price in Lebanon

More About Living in Lebanon

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