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Lebanon, IN Condos for Rent

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  • 3715 Perry Worth Rd Unit 3715 Perry Worth Road, Lebanon, IN 46052
    3715 Perry Worth Rd Unit 3715 Perry Worth Road, Lebanon, IN 46052
    3715 Perry Worth Rd Unit 3715 Perry Worth Road, Lebanon, IN 46052
    /20

    $1,325

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 810 Sq Ft
    • Condo for Rent

    3715 Perry Worth Rd Unit 3715 Perry Worth Road, Lebanon, IN 46052

    Great location between Whitestown and Lebanon, also just 15 minutes from downtown Indy. This 2 bedroom, 1 bath duplex has hardwood floors throughout, large closets, and a newly installed washer/dryer in unit. Tenant pays electric and internet. Management provides mowing.

    3715 Perry Worth Rd Unit 3715 Perry Worth Road, Lebanon, IN 46052
  • 4405 E 550 S Unit 4407, Lebanon, IN 46052
    4405 E 550 S Unit 4407, Lebanon, IN 46052
    4405 E 550 S Unit 4407, Lebanon, IN 46052
    /10

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • 808 Sq Ft
    • 4405-4407

    4405 E 550 S Unit 4407, Lebanon, IN 46052

    4405 E 550 S Unit 4407, Lebanon, IN 46052
  • 411 S East St Unit 411 1/2, Lebanon, IN 46052
    411 S East St Unit 411 1/2, Lebanon, IN 46052
    411 S East St Unit 411 1/2, Lebanon, IN 46052
    /15

    $749 Per Month

    • 1 Bed
    • 1 Bath
    • 468 Sq Ft
    • "Charming Compact Living in Heart of Lebanon – Ideal for Minimalists!"

    411 S East St Unit 411 1/2, Lebanon, IN 46052

    *Now Accepting Section 8!Located in a quiet, established neighborhood in Lebanon, this 1-bedroom, 1-bath home offers comfortable living with a layout that’s easy to maintain and easy to settle into. The space is well-suited for anyone looking for a cozy home with just the right amount of room.The neighborhood is a standout feature—close to downtown Lebanon, local restaurants,

    411 S East St Unit 411 1/2, Lebanon, IN 46052
Indiana Boone County Lebanon

Condos for Rent in Lebanon, IN

Frequently Asked Questions

How much does it cost to rent a condo in Lebanon, IN?
The median rent for a condo in Lebanon, IN is $945 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lebanon, IN?
To comfortably afford the median rent in Lebanon, IN, a household needs to earn roughly $58,000 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 $1,450 per month in Lebanon, IN, renters typically need to show $4,350 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, IN?
In Lebanon, IN, the price-to-rent ratio is 17.5, 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.
What neighborhoods in Lebanon, IN are best for renting a condo?
The best neighborhood for renting in Lebanon, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Downtown Carmel, Eagledale, Meridian Kessler, Near Northwest Riverside and Near Northside, each with its own character and price range.

Rental Home Trends in Lebanon, IN

There are currently 3 condos available for rent in Lebanon, IN. The median rent is $945 per month, with 1-bedroom condos renting at $795, 2-bedroom condos at $973 and 3-bedroom condos at $1,690.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$945
Median 1 Bedroom Condo Rent
$795
Median 2 Bedroom Condo Rent
$973
Median 3 Bedroom Condo Rent
$1,690
How to Rent a Home

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