$875 Per Month
- 2 Beds
- 1 Bath
- 800 Sq Ft
- House for Rent
293 E Main St, New Lebanon, OH 45345
Property Id: 2349672 2-bedroom, 1 bathroom apartment. fenced in back yard with small shed. Washer and dryer hookups available.
Frequently Asked Questions
How much does it cost to rent a home in New Lebanon, OH?
The median rent for a home in New Lebanon, OH is $1,337 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in New Lebanon, OH?
To comfortably afford the median rent in New Lebanon, OH, a household needs to earn roughly $53,480 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 $1,337 per month in New Lebanon, OH, renters typically need to show $4,011 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 New Lebanon, OH?
In New Lebanon, OH, the price-to-rent ratio is 11.8, 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 New Lebanon, OH are best for renting a home?
The best neighborhood for renting in New Lebanon, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Westwood, College Hill, Dayton View Triangle, Fort McKinley and Downtown Miamisburg, each with its own character and price range.
