1

Studio Apartment for Rent in Lebanon, MO

Section Image
  • /8

    Starting at $550 Per Month

    • Studio

    2071 W Elm St, Lebanon, MO 65536

    Welcome to Wyota Commons West Apartments in Lebanon, MO.Based in Mountain Home, Arkansas, the Dels Corporation was founded in 2018 with the goal of providing sustainable, multi-family housing throughout Missouri and the Midwest.Inspired by minimalism & eco-conscious lifestyles, we connect locals with our community-based approach to housing, food service, and event hosting. A

    Wyota Commons West

    2071 W Elm St, Lebanon, MO 65536

Why Live in Lebanon

Lebanon, Missouri, home to approximately 15,000 residents, embraces newcomers with its motto "Our Town, Your Town." The city's historical connection to Route 66 is celebrated through museums and annual events like the Route 66 Festival and the Laclede County Fair. Lebanon's downtown area, marked by metal archways at Commercial Street and Jefferson Avenue, features a variety of dining options, supermarkets, and the Route 66 Museum. The Heartland Antique Mall, with over 200 vendors, is a notable attraction. Interstate 44, formerly Route 66, runs through Lebanon, linking it to Springfield and Saint Louis, while Missouri Route 5 connects residents to the Ozarks. Springfield-Branson National Airport, 59 miles away, offers flights to major cities. Lebanon's housing includes historic Victorian homes and newer bungalows, Cape Cods, and ranch-style houses. The city has seen a decrease in violent and property crime since 2020, making it safer than the national average. Lebanon R-III Schools are highly rated, and Lebanon Senior High School offers trade programs through the Lebanon Technology and Career Center. Boswell Park provides year-round amenities, including a seasonal outdoor pool, while Gasconade Park features a skatepark. Nelson Lake offers walking trails, picnic areas, and catch-and-release fishing.

Frequently Asked Questions

How much does it cost to rent a home in Lebanon, MO?
The median rent for a home in Lebanon, MO is $1,300 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses 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, MO?
To comfortably afford the median rent in Lebanon, MO, a household needs to earn roughly $52,000 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 $1,300 per month in Lebanon, MO, renters typically need to show $3,900 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, MO?
In Lebanon, MO, the price-to-rent ratio is 13.2, 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 Home Trends

Number of Homes for Rent
1
Median Rent
$1,300
Median Single Family Home Rent
$1,300
Median Townhouse Rent
$1,050
How to Rent a Home