10

Lebanon, OR Condos for Rent

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  • /7

    $1,325 Per Month

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

    591 W Sherman St Unit 6, Lebanon, OR 97355

    Property Id: 2248385Welcome to your next home—a fully updated, stunning 2-bedroom gem in the absolute sweetest building in Lebanon!This beautiful unit is an architectural delight in a desirable courtyard setting, offering an incredibly spacious and thoughtfully designed layout. We’ve meticulously updated every corner to deliver a cozy, convenient, and stylish living space you'll

    (971) 273-2139

    591 W Sherman St Unit 6, Lebanon, OR 97355
  • /16

    $1,550 Per Month

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

    2625 S 7th St Unit 2625, Lebanon, OR 97355

    Property Id: 2145359Introducing our charming 2-bedroom 1 bath Duplex located in Lebanon, OR. This cozy home features a fully equipped kitchen with Range, Fridge, and Dishwasher, perfect for preparing meals. The convenience of a 1-Car Garage provides ample parking and storage space. Enjoy the ease of laundry with Washer/Dryer Hookups available in the unit. Don't miss out on this wonderful

    (406) 604-1989

    2625 S 7th St Unit 2625, Lebanon, OR 97355
  • /5

    $1,195 Per Month

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    591 W Sherman St Unit 8, Lebanon, OR 97355

    Property Id: 2248387Welcome to your next home—a fully updated, stunning 1-bedroom gem in the absolute sweetest building in Lebanon!This beautiful unit is an architectural delight in a desirable courtyard setting, offering an incredibly spacious and thoughtfully designed layout. We’ve meticulously updated every corner to deliver a cozy, convenient, and stylish living space you'll

    (971) 273-5898

    591 W Sherman St Unit 8, Lebanon, OR 97355
  • /12

    $1,000

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 425 Sq Ft
    • Condo for Rent

    1819 Carroll St Unit 1, Lebanon, OR 97355

    This charming remodeled one-bedroom, one-bathroom apartment is perfect for those seeking a cozy and convenient living space. Situated within walking distance to a variety of shops, restaurants, and entertainment options. For added convenience, each unit comes with an attached garage, we offer on-site laundry facilities. Tenant pays for electricity and internet. *application fee is per person*

    1819 Carroll St Unit 1, Lebanon, OR 97355
  • /14

    $1,150 Per Month

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • Do not miss this cozy 2 bedroom Lebanon Apartment!

    747.5 E Grant St Unit 747.5, Lebanon, OR 97355

    Welcome to 747.5 E. Grant St. in Lebanon, OR! This conveniently located apartment offers 2 bedrooms and 1 bathroom, perfect for those seeking a cozy space to call home. With a carport for parking convenience and landscaping included for ease, this apartment makes everyday living a breeze. Enjoy the proximity to the community park and other amenities nearby, making it easy to stay active and

    747.5 E Grant St Unit 747.5, Lebanon, OR 97355
  • /18

    $1,995 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,177 Sq Ft
    • 556-558 Harrison St.

    556-558 Harrison St Unit 558 Harrison St, Lebanon, OR 97355

    556-558 Harrison St Unit 558 Harrison St, Lebanon, OR 97355
  • /26

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Recently Remodeled Two Bedroom Apartment With Canal Views and Private Balcony!

    177 Center St Unit 7, Lebanon, OR 97355

    **MOVE IN SPECIAL! $500 OFF FIRST FULL MONTHS RENT!**Welcome to our recently remodeled two-bedroom apartment in Lebanon, OR! This charming unit boasts modern updates throughout, offering a fresh and stylish living space. Enjoy picturesque canal views from your private balcony, perfect for relaxing and unwinding after a long day. Situated on a secluded dead-end street, you'll appreciate

    177 Center St Unit 7, Lebanon, OR 97355
  • /16

    $1,350 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Pet Friendly 2 Bedroom in Lebanon!

    198 E Milton St Unit 1, Lebanon, OR 97355

    Welcome to our Pet Friendly 2 Bedroom in Lebanon! This charming apartment is located in the heart of Lebanon, OR, offering a perfect blend of comfort and convenience. The apartment features two spacious bedrooms and a full bathroom, providing ample space for your needs. The pet-friendly policy allows you to share your living space with your beloved furry friends. The apartment is designed with a

    198 E Milton St Unit 1, Lebanon, OR 97355
  • /15

    $1,650 Per Month

    • 2 Beds
    • 2 Baths
    • 1,222 Sq Ft
    • OWN883

    86 Weldwood Dr Unit 86 WELDWOOD DR, Lebanon, OR 97355

    86 Weldwood Dr Unit 86 WELDWOOD DR, Lebanon, OR 97355
  • /6

    $1,100 Per Month

    • 1 Bed
    • 1 Bath
    • 1,150 Sq Ft
    • OWN485

    772-B Main St Unit 772-B S. MAIN ST, Lebanon, OR 97355

    772-B Main St Unit 772-B S. MAIN ST, Lebanon, OR 97355

Frequently Asked Questions

How much does it cost to rent a condo in Lebanon, OR?
The median rent for a condo in Lebanon, OR is $1,325 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, OR?
To comfortably afford the median rent in Lebanon, OR, a household needs to earn roughly $66,000 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 $1,650 per month in Lebanon, OR, renters typically need to show $4,950 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, OR?
In Lebanon, OR, the price-to-rent ratio is 19.0, 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, OR are best for renting a condo?
The best neighborhood for renting in Lebanon, OR depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Sunrise, South Corvallis, Northwest Corvallis and Southwest Corvallis, each with its own character and price range.

Rental Home Trends in Lebanon, OR

Rental Home Trends

Number of Condos for Rent
10
Median Condo Rent
$1,325
Median 1 Bedroom Condo Rent
$1,148
Median 2 Bedroom Condo Rent
$1,338
Median 3 Bedroom Condo Rent
$1,995
How to Rent a Home