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Newest Homes for Rent in Lebanon, OR

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    Starting at $1,350

    Total Monthly Price

    • Studio - 3 Beds

    701 N 5th St, Lebanon, OR 97355

    Nestled in the heart of Lebanon, Oregon, Cascade Ridge Apartments invites you to experience a lifestyle where convenience meets natural beauty. From your bright, open-concept home with private outdoor space, embrace mornings filled with possibility and evenings of peaceful relaxation. Stroll through the community garden, challenge neighbors to games in the lounge, or simply unwind on your patio

    Cascade Ridge

    701 N 5th St, Lebanon, OR 97355
  • /22

    Starting at $1,052 Per Month

    • 1 - 3 Beds

    142 E Elmore St, Lebanon, OR 97355

    DRE #02042194At Queen Anne Apartments you can enjoy the freedom and open spaces of a 5.5 acre apartment community filled with lush mature landscaping. Enjoy a quick game at our basketball court or just stop by the leasing office and clubhouse for a great cup of coffee. It won't take long to realize you live at Lebanon's finest apartment community. Stop by for a tour today! *Income

    Queen Anne

    142 E Elmore St, Lebanon, OR 97355
  • /25

    Starting at $1,445 Per Month

    • 2 Beds

    1956 S 2nd St, Lebanon, OR 97355

    MOVE IN SPECIAL: $600 off move in rent or $50 off each month for 12 months- one year lease required!Welcome to our beautiful gated apartment community in Lebanon, OR! Our residents enjoy a variety of amenities including a sports court, clubhouse, onsite management, dog park, fitness center, and BBQ area. Stay alive and socialize with neighbors. Our onsite management team is dedicated to

    Aspen Place Apartments

    1956 S 2nd St, Lebanon, OR 97355
  • /35

    Starting at $1,425 Per Month

    • 1 - 3 Beds

    305 E Airport Rd, Lebanon, OR 97355

    Welcome to the brand new Hickory Lake Apartments in Lebanon! This modern apartment community boasts luxury vinyl plank flooring, stainless steel appliances, and soft close cabinets for a sleek and stylish living space. Enjoy the comfort of a built-in A/C unit, convenience of having a full size washer and dryer provided in each apartment home, and your own deck or patio with extra storage. Don't

    Hickory Lake

    305 E Airport Rd, Lebanon, OR 97355
  • /35

    Starting at $1,475 Per Month

    • 1 - 3 Beds

    300 Boulder Falls Dr, Lebanon, OR 97355

    Welcome to The Lodges at Lebanon, your new home in Lebanon, OR. Our community offers a unique blend of comfort and convenience, with a propane fire pit for those cozy evenings and a clubhouse community room for socializing and entertaining. We understand the importance of location, and The Lodges at Lebanon is ideally situated close to shopping centers, making your daily errands a breeze. For

    The Lodges

    300 Boulder Falls Dr, Lebanon, OR 97355
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    $2,695 Per Month

    • 3 Beds
    • 2 Baths
    • 1,219 Sq Ft
    • House for Rent

    2051 Franklin St, Lebanon, OR 97355

    Must See 3 Bedroom with Fenced Yard! This newer construction home in Lebanon, OR offers three bedrooms and two bathrooms with a fenced backyard, shed and covered back patio—ideal for outdoor living and entertaining. The property is pet friendly and combines contemporary finishes with low-maintenance outdoor space. Convenient layout and modern build quality make this residence a comfortable,

    2051 Franklin St, Lebanon, OR 97355
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    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 855 Sq Ft
    • Townhouse for Rent

    175 W A St, Lebanon, OR 97355

    Welcome to 175 A St. in Lebanon, OR! This two bedroom, one bathroom, inside utility, garage, and open floor plan! Perfect for those seeking a cozy living space. Situated close to community amenities, residents can enjoy easy access to local shops, restaurants, and parks. The apartment also features yard space providing a private outdoor area for relaxation or entertaining. Don't miss out on this

    175 W A St, Lebanon, OR 97355
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    Starting at $1,195 Per Month

    • 2 Beds

    911 E Grant St, Lebanon, OR 97355

    Parkview Manor Apartments

    911 E Grant St, Lebanon, OR 97355
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    $2,200 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,399 Sq Ft
    • Townhouse for Rent

    181 S Williams St, Lebanon, OR 97355

    Welcome to your new haven at 181 S Williams St, a charming townhome nestled in the heart of Lebanon, OR! This spacious 3-bedroom, 2.5-bathroom gem offers a perfect blend of comfort and style, making it the ideal place to call home. Step inside and be greeted by an inviting living space that flows seamlessly into a modern kitchen equipped with top-of-the-line appliances, including a gas

    181 S Williams St, Lebanon, OR 97355
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    $2,395 Per Month

    • 3 Beds
    • 2 Baths
    • 1,555 Sq Ft
    • 767-773 10th Street

    767-773 S 10th St Unit 767, Lebanon, OR 97355

    Move-in Special - $100 Off for the First 3 Months!3 Bedroom2 BathroomWasher/Dryer hookupsAttached two car garageFully fenced back yard with covered patio and turf for easy upkeepLaminate flooring throughout, tile in the bathrooms, granite countertops and more!Tenant pays all utilitiesSecurity Deposits listed is the minimum, actual Security Deposit based on

    767-773 S 10th St Unit 767, Lebanon, OR 97355
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    $975 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    530 Grove St Unit 10, Lebanon, OR 97355

    Welcome to this Single Level 1 Bedroom in Lebanon! This apartment, located in the heart of Lebanon, OR, offers a unique blend of comfort and convenience. With one spacious bedroom and a full bathroom, this single-level apartment is designed to cater to your lifestyle needs. The apartment is equipped with an on-site laundry facility, ensuring that your laundry needs are taken care of without any

    530 Grove St Unit 10, Lebanon, OR 97355
  • /50

    Starting at $1,378 Per Month

    • 1 - 3 Beds

    300 Sand Ridge Ct, Lebanon, OR 97355

    Welcome to Parkside Apartments in Lebanon, Oregon, where small town charm meets modern living. Choose from spacious one, two, and three bedroom homes designed for comfort and convenience.Enjoy open green spaces, a playground, basketball court, and inviting outdoor areas, along with a friendly onsite team and reliable maintenance.Schedule a tour today and discover your next home at

    Parkside Apartments

    300 Sand Ridge Ct, Lebanon, OR 97355
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    Starting at $1,295 Per Month

    • 1 - 2 Beds

    50 Market St, Lebanon, OR 97355

    This newly built apartment complex features 2 bed 2 bath and 1 bed 1 bath units. The first and second floor units are 2 bed 2 bed floor plans, while the third floor has 1 bed 1 bath floor plans. Villamar Apartments is No Smoking and No Pet property.• Air Conditioning• Washer/Dryer Hook-Ups• Full Bathtub (Available only in 2x2 floorplan)• Walk-In Shower• Vaulted Ceilings in

    Villamar Apartments

    50 Market St, Lebanon, OR 97355
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    $2,100 Per Month

    • 3 Beds
    • 2 Baths
    • 1,640 Sq Ft
    • Condo for Rent

    38355-38385 Weirich Dr Unit 38355 WEIRICH DR., Lebanon, OR 97355

    3 BED/2 BATH HOME WITH BASEMENT AND BONUS SPACE IN THE COUNTRY JUST OUTSIDE OF LEBANON. HOME SITS BACK FROM THE ROAD AND INCLUDES PARTIALLY FENCED YARD, LIVING ROOM AND BASEMENT FIREPLACES, AND DESIGNATED LAUNDRY ROOM WITH W/D HOOKUPS. VAULTED LIVING ROOM CEILINGS AND COVERED DECK OFF DINING ROOM. CARPORT ALONG WITH ADDITIONAL OFF STREET PARKING SPACE. ELECTRIC HEAT AND WATER HEATER. WELL AND

    38355-38385 Weirich Dr Unit 38355 WEIRICH DR., Lebanon, OR 97355
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    $2,100 Per Month

    • 3 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • Townhouse for Rent

    305 S 9th St, Lebanon, OR 97355

    Located in Lebanon, OR, this newly updated duplex offers three bedrooms and two full bathrooms, providing comfortable, move-in ready living. The unit is pet friendly and includes a fenced backyard, ideal for outdoor time and privacy. Recent updates give the space a fresh, modern feel while maintaining practical layout and functionality. Conveniently designed for everyday living, this duplex

    305 S 9th St, Lebanon, OR 97355
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    $1,300 Per Month

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft
    • House for Rent

    289 N Main St, Lebanon, OR 97355

    Check out this cute and comfortable 2 bedroom, 1 bath home in a great location near parks, downtown Lebanon and the library! Recent updates throughout include new flooring and updated double-pane vinyl windows! No more trips to the laundromat with a washer/dryer hookups in the home for tenant use. Enjoy outdoor living in the sunny backyard or store your toys in your personal storage area. No

    289 N Main St, Lebanon, OR 97355
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    $1,495 Per Month

    • 2 Beds
    • 1 Bath
    • 928 Sq Ft
    • Townhouse for Rent

    780 W Airway Rd, Lebanon, OR 97355

    Welcome to our charming 2-bedroom, 1-bathroom duplex in Lebanon, OR. This pet-friendly unit boasts fresh modern updates, creating a comfortable and inviting living space. The home is conveniently located near amenities, making errands and entertainment easily accessible. Enjoy the spacious yard, perfect for outdoor activities or simply relaxing in the fresh air. Don't miss out on this wonderful

    780 W Airway Rd, Lebanon, OR 97355
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    $2,350 Per Month

    • 3 Beds
    • 2 Baths
    • 1,261 Sq Ft
    • House for Rent

    289 S 3rd St, Lebanon, OR 97355

    Newly Remodeled 3 Bedroom! This recently updated 3-bedroom, 2-bath home in Lebanon, OR features modern finishes and laminate flooring throughout, creating a clean, cohesive look. The interior updates provide a fresh, move-in ready feel, while the pet-friendly policy offers flexibility for animal owners. Thoughtful renovation details and durable flooring make maintenance easy and living

    289 S 3rd St, Lebanon, OR 97355
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    $1,650 Per Month

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • House for Rent

    3250 S 12th St, Lebanon, OR 97355

    Approx. 950 sq. feet. 2 bedrooms, 2 bath. Kitchen includes stove, fridge, dishwasher, microwave and disposal. Electric heat and water heater with AC. Washer/Dryer hookups. Single car garage and driveway. Big covered patio. Built with accessibility in mind including wide doors and open floor plan. Tenant maintains landscaping. Tenant pays all utilities. NO pets (ESA Only). NO smoking. Deposit $2500

    3250 S 12th St, Lebanon, OR 97355
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    $1,495 Per Month

    • 2 Beds
    • 1 Bath
    • 1,026 Sq Ft
    • House for Rent

    2713 S 7th St, Lebanon, OR 97355

    Centrally Located Two Bedroom Duplex! This large 2-bedroom, 1-bath duplex in Lebanon, OR offers an attached garage and a spacious backyard. Situated in a neighborhood setting, the home is pet friendly and provides generous living space throughout. Ideal for those seeking convenience and outdoor space, this property combines practical amenities with a central location.*2 Pet max; $500

    2713 S 7th St, Lebanon, OR 97355
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    $1,400 Per Month

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

    365 8th St Unit 365 S. 8TH ST #A, Lebanon, OR 97355

    **UPDATED PICTURES COMING SOON**2 BEDROOM UNIT IN 4-PLEX WITH DETACHED GARAGE. CLEAN AND READY TO GO. ELECTRIC WATER HEATER/HEAT PUMP, DISHWASHER, W/D HOOKUPS. SLIDING DOORS WITH PATIO OFF DINING ROOM. OWNER PAYS W/S/G/CABLE. NO PETS. CALL HERITAGE NW DIRECTLY WITH INQUIRIES **INFORMATION CONSIDERED RELIABLE BUT NOT GUARANTEED**

    365 8th St Unit 365 S. 8TH ST #A, Lebanon, OR 97355
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    $1,980 Per Month

    • 3 Beds
    • 1 Bath
    • 784 Sq Ft
    • House for Rent

    3720 S Santiam Hwy, Lebanon, OR 97355

    Well-maintained 3-bedroom, 1-bath home in Lebanon, OR featuring an equipped kitchen with range, refrigerator and dishwasher. The layout offers efficient living space and a gas furnace for dependable heating. Washer/dryer hookups provide laundry convenience. Located for easy access to local amenities and services, this residence is a practical option for renters seeking straightforward,

    3720 S Santiam Hwy, Lebanon, OR 97355
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    $1,400 Per Month

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

    942 W Vine St Unit 942 Vine St. #1, Lebanon, OR 97355

    Spacious 2-bedroom, 1-bath apartment in Lebanon, OR featuring a large living room and a private patio. The kitchen includes a refrigerator and stove, and on-site laundry facilities add convenience. Located within a well-maintained community, this unit offers comfortable living spaces and practical amenities for everyday ease. Tenant is responsible for power and a flat fee of $50 monthly for

    942 W Vine St Unit 942 Vine St. #1, Lebanon, OR 97355
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    $2,000 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,307 Sq Ft
    • Condo for Rent

    45 Hobbs St Unit 45, Lebanon, OR 97355

    **MOVE IN SPECIAL! 1/2 OFF FIRST FULL MONTHS RENT**Discover a newer construction 3-bedroom, 2.5-bath apartment in Lebanon, OR, located within a gated complex. This pet-friendly home features a fully fenced backyard and professionally maintained landscaping. Thoughtfully designed living spaces and contemporary finishes provide comfortable, low-maintenance living in a secure community

    45 Hobbs St Unit 45, Lebanon, OR 97355
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    $1,395 Per Month

    • 2 Beds
    • 1.5 Baths
    • 896 Sq Ft
    • Condo for Rent

    540 W Maple St Unit 24, Lebanon, OR 97355

    Property Id: 2824405 Move right into this completely remodeled 2-bedroom, 1.5-bath townhome in the heart of Lebanon. Everything is brand new — new flooring, fresh paint throughout, new cabinets, and sleek quartz countertops give the home a clean, modern feel from top to bottom. The private fenced patio is perfect for morning coffee, or grilling, and the townhome’s location can’t be

    540 W Maple St Unit 24, Lebanon, OR 97355
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    $1,200 Per Month

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

    725 Russell Dr Unit 1/2, Lebanon, OR 97355

    Welcome to our charming 1 bedroom, 1 bathroom apartment located in Lebanon, OR. This single level unit features water and trash paid, ductless AC for your comfort, and modern LVP flooring throughout and a washer and dryer in the unit. Enjoy the convenience of a fenced yard and driveway parking. Situated close to schools and downtown, this apartment offers a prime location for easy access to all

    725 Russell Dr Unit 1/2, Lebanon, OR 97355
  • /14

    $1,250 Per Month

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

    17 N 6th St Unit 17 N 6TH ST, Lebanon, OR 97355

    2 BEDROOM 1 BATH HOME IN LEBANON WITH PICKET FENCE YARD. CUTE AND COZY HOME WITH WOOD ACCENTS THROUGHOUT. ADDITIONAL LIVING/OFFICE SPACE WITH EXTERIOR ENTRY. LAUNDRY ROOM WITH WASHER/DRYER INCLUDED. VAULTED CEILINGS. READY TO GO! PET POSSIBLE WITH ADDITIONAL DEPOSIT.PLEASE CALL HERITAGE NW DIRECTLY WITH INQUIRIES **INFORMATION IS CONSIDERED RELIABLE BUT NOT GUARANTEED**

    17 N 6th St Unit 17 N 6TH ST, Lebanon, OR 97355
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    $1,850 Per Month

    • 2 Beds
    • 2 Baths
    • House for Rent

    38595 Sodaville Waterloo Rd, Lebanon, OR 97355

    2 BEDROOM 2 BATH HOME LOCATED IN THE COUNTRY NEAR SODAVILLE. PEACEFUL AND QUIET SETTING AT THE END OF SHARED DRIVEWAY. FORESTED BACKYARD. WELL AND SEPTIC, TENANT PAYS POWER. PET POSSIBLE WITH ADDITIONAL SECURITY DEPOSIT.PLEASE CALL HERITAGE NW DIRECTLY WITH INQUIRIES **INFORMATION IS CONSIDERED RELIABLE BUT NOT GUARANTEED**

    38595 Sodaville Waterloo Rd, Lebanon, OR 97355
  • /10

    $2,500 Per Month

    • 4 Beds
    • 2 Baths
    • 2,008 Sq Ft
    • House for Rent

    1051 W Oak St, Lebanon, OR 97355

    Property Id: 2837759 Beautifully Remodeled 4-Bedroom Home in Lebanon Charming and beautifully remodeled 4-bedroom, 2-bathroom home in Lebanon! This spacious home offers updated finishes, a gorgeous kitchen with quartz countertops and soft-close cupboards, and plenty of room to spread out. Enjoy the character of an established home with the comfort of modern updates, a fenced backyard,

    1051 W Oak St, Lebanon, OR 97355
  • /20

    $1,050 Per Month

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

    32000 Pineway Rd Unit 14, Lebanon, OR 97355

    Welcome to our large 2-bedroom apartment, perfectly situated in Lebanon, OR, with a stunning view overlooking the golf course. This spacious apartment offers two generously sized bedrooms and a full bathroom, providing ample space for comfortable living. The apartment is equipped with an onsite laundry facility, adding convenience to your daily routine. The back patio is a standout feature,

    32000 Pineway Rd Unit 14, Lebanon, OR 97355
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    $1,525 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    410 W Mary St Unit 412 MARY ST, Lebanon, OR 97355

    2BD/1BA TOWNHOME IN TRIPLEX IN LEBANON. 1000SF, LARGE UPSTAIRS BEDROOMS WITH ADDITIONAL SUNROOM/BONUS SPACE. SINGLE CAR ATTACHED GARAGE. NEW CARPET. OWNER PROVIDES LAWN CARE, TENANTS PAY ALL UTILITIES. LOCATED ON NORTH END OF TOWN NEAR WESTERN U, VA HOME AND HOSPITAL. PLEASE CONTACT HERITAGE NW DIRECTLY WITH INQUIRIES **INFORMATION IS CONSIDERED RELIABLE BUT NOT GUARANTEED**

    410 W Mary St Unit 412 MARY ST, Lebanon, OR 97355
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    $1,250 Per Month

    • 3 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    125 E Elmore St Unit 2, Lebanon, OR 97355

    Welcome to our 3-bedroom apartment located in the charming town of Lebanon. This spacious apartment offers a comfortable and convenient living space for those seeking a cozy home. With 3-bedrooms and 1-bathroom, this apartment provides ample space. Tenant is responsible for electricity. • Onsite Laundry• Flat Monthly Utility Fee of $50.00 For Water, Sewer, Trash• Income

    125 E Elmore St Unit 2, Lebanon, OR 97355
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    $2,200 Per Month

    • 3 Beds
    • 2 Baths
    • 1,229 Sq Ft
    • House for Rent

    1043 Fuji Ln, Lebanon, OR 97355

    Nice home on Cul-de-sac in Lebanon, OR offers 3 bedrooms and 2 bathrooms in a comfortable layout. The kitchen includes a refrigerator, stove, microwave and dishwasher for everyday convenience. A living area with a fireplace provides a focal point for gatherings, and a fenced yard creates an outdoor space for pets or gardening. The two-car garage and cul-de-sac location add practical benefits for

    1043 Fuji Ln, Lebanon, OR 97355
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    $2,395 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,838 Sq Ft
    • House for Rent

    300 Seven Oaks Ln, Lebanon, OR 97355

    Brand New and Modern low-maintenance duplex in a prime Lebanon location directly across from Seven Oaks High School at the end of Seven Oaks Lane in the cul-de-sac. This unit features a bright main floor with a chef’s kitchen boasting stainless steel appliances and granite countertops, dining area, and spacious living room plus a convenient half bath. The patio is partially covered with plenty of

    300 Seven Oaks Ln, Lebanon, OR 97355
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    $2,395 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,838 Sq Ft
    • House for Rent

    302 Seven Oaks Ln, Lebanon, OR 97355

    Brand New and Modern low-maintenance duplex in a prime Lebanon location directly across from Seven Oaks High School at the end of Seven Oaks Lane in the cul-de-sac. This unit features a bright main floor with a chef’s kitchen boasting stainless steel appliances and granite countertops, dining area, and spacious living room plus a convenient half bath. The patio is partially covered with plenty of

    302 Seven Oaks Ln, Lebanon, OR 97355
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    $2,095

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,335 Sq Ft
    • Townhouse for Rent

    2485 Roll Tide Ct, Lebanon, OR 97355

    Modern & Spacious Duplex Unit near Cheadle LakeEnjoy comfortable living in this newer, beautifully designed duplex located in a quiet, desirable neighborhood in Lebanon, Oregon. Situated just off River Drive, you are steps away from the scenic South Santiam River and Cheadle Lake, while remaining just minutes from local shopping, dining, and schools.Property

    2485 Roll Tide Ct, Lebanon, OR 97355
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    $1,995 Per Month

    • 4 Beds
    • 1.5 Baths
    • 1,759 Sq Ft
    • House for Rent

    396 W Grant St, Lebanon, OR 97355

    Come enjoy this large home featuring 4 bedrooms and 2 bathrooms. This home has two driveways and a massive backyard. The home was recently updated and features new laminate flooring and brand new carpet in the bedrooms. One bathroom with a tub shower and one half bathroom. The living room has large windows with plenty of natural light.Schedule a tour today!Screening Fee:

    396 W Grant St, Lebanon, OR 97355
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    $1,600 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,100 Sq Ft
    • Townhouse for Rent

    317 E Dodge St, Lebanon, OR 97355

    ? Lebanon Modern 2 BR / 1.5 BA Duplex – Walking Distance to Medical School Dodge Street Duplexes offers a sleek, stylish, and quiet living space perfectly tailored for medical students, healthcare professionals, and staff. Located in Lebanon, OR. This modern duplex is just a short walk from the Lebanon Hospital and Medical School campus. ? Premium Features & Amenities Layout: 2

    317 E Dodge St, Lebanon, OR 97355
  • /10

    $2,250 Per Month

    • 3 Beds
    • 2 Baths
    • 1,337 Sq Ft
    • Condo for Rent

    183 E Jadon Dr Unit 183 E. JADON DR, Lebanon, OR 97355

    LIGHT, BRIGHT & CLEAN 1337SF, 3 BED/ 2 BATH SINGLE LEVEL HOME FEATURING PRIMARY SUITE. FULLY FENCED YARD WITH COVERED PATIO AND 2 CAR GARAGE. FORCED AIR W/ AC. WASHER & DRYER HOOKUPS. TENANT PAYS ALL UTILITIES.**INFORMATION CONSIDERED RELIABLE BUT NOT GUARANTEED**

    183 E Jadon Dr Unit 183 E. JADON DR, Lebanon, OR 97355
  • /2

    $2,195 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,654 Sq Ft
    • House for Rent

    2422 Leonard Ln, Lebanon, OR 97355

    Open concept 3-Bedroom, 2.5-Bathroom Duplex style Townhome located in a quiet neighborhood just minutes from Hwy 34. Call or text us today to schedule a showing!Income Requirements:Applicants combined must have a gross monthly income of at least two times the monthly rentDeposits:Base Security Deposit $3,000Maximum Security Deposit $4,000Pet Policy:Contact

    2422 Leonard Ln, Lebanon, OR 97355

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Frequently Asked Questions

How much does it cost to rent a home in Lebanon, OR?
The median rent for a home in Lebanon, OR is $1,980 per month, though prices vary by neighborhood, size, and property type. As of September 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 $79,200 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 $1,980 per month in Lebanon, OR, renters typically need to show $5,940 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 16.3, 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, OR are best for renting a home?
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 home include East Albany, Periwinkle, Oak, Sunrise and Willamette, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
43
Median Rent
$1,980
Median Single Family Home Rent
$2,098
Median Townhouse Rent
$1,848
Median Condo Rent
$1,400
How to Rent a Home