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Lebanon, IN Condos for Rent

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  • /10

    $895 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    110 W Walnut St Unit 6, Lebanon, IN 46052

    Please contact Deb 9 am to 5 pm @ Leave a message

    110 W Walnut St Unit 6, Lebanon, IN 46052
  • /13

    $2,500 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 3 Bedroom 2.5 Bath

    2816 Corbett Dr, Lebanon, IN 46052

    Welcome to this beautifully designed new construction townhome featuring 3 bedrooms, 2.5 baths, a spacious great room, versatile flex room, and a generous dining area, all thoughtfully arranged for today's lifestyle. The open-concept floor plan creates an inviting atmosphere for both everyday living and entertaining.Enjoy the benefits of low-maintenance homeownership in a prime location just

    2816 Corbett Dr, Lebanon, IN 46052

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 $948 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses 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 $51,960 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 $1,299 per month in Lebanon, IN, renters typically need to show $3,897 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 19.3, 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 West Carmel, Snacks/Guion Creek, Eagle Creek, Downtown Carmel and Near Northside, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$948
Median 1 Bedroom Condo Rent
$823
Median 2 Bedroom Condo Rent
$950
Median 3 Bedroom Condo Rent
$1,690
How to Rent a Home