5

New Lebanon, OH Homes for Rent

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  • /20

    $2,200 Per Month

    • 6 Beds
    • 2 Baths
    • 2,300 Sq Ft
    • House for Rent

    8079 W Third St, New Lebanon, OH 45345

    8079 W 3rd St New Lebanon, OH 45435. Discover the perfect blend of space, comfort, and versatility in this fully renovated 6-bedroom 2 bath GEM situated on a generous 1-acre lot located in New Lebanon, Ohio. This stunning property boasts brand-new flooring throughout, fresh interior and exterior paint, and new windows that fill the space with natural light.The newly renovated modern kitchen

    (937) 507-8119

    8079 W Third St, New Lebanon, OH 45345
  • /22

    $1,000

    Total Monthly Price

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

    53 Gloria Ave Unit 53 Gloria Ave, New Lebanon, OH 45345

    Renovated 2 bedroom, 1 full bath, living room, large eat-in kitchen (microwave, stove and refrigerator included) and separate laundry room. 3rd unit in a 4-unit one story brick building. Spacious condo style apartment w/front and back entry, and patio. Off street parking (2 spaces). Electric heat, electric water heater and wall unit AC. Plenty of closet/storage space. PLEASE PROVIDE PHONE NUMBER

    53 Gloria Ave Unit 53 Gloria Ave, New Lebanon, OH 45345
  • /22

    $2,200 Per Month

    • 4 Beds
    • 3 Baths
    • 2,007 Sq Ft
    • House for Rent

    570 Holderman Place, New Lebanon, OH 45345

    ***COMING SOON — Available 06-26-26**Welcome Home to this beautifully laid-out 4-bedroom, 3-bath, 2-story home offering 2,007 square feet of comfortable living space in the heart of New Lebanon, Ohio! The inviting covered porch out front is the perfect place to unwind at the end of a long day before stepping inside to a flowing, open floor plan designed for real life. The great room opens

    570 Holderman Place, New Lebanon, OH 45345
  • /23

    $2,200 Per Month

    • 4 Beds
    • 3 Baths
    • 2,007 Sq Ft
    • House for Rent

    575 Holderman Place, New Lebanon, OH 45345

    ***COMING SOON — Available 06-26-26.**Welcome Home to this spacious 2-story, 4-bedroom, 3-bath single-family home offering 2,007 square feet of well-designed living space in the charming small-town community of New Lebanon, Ohio! From the moment you arrive, the welcoming porch sets the tone — a great spot to enjoy a quiet morning or a relaxing evening in the neighborhood.Step

    575 Holderman Place, New Lebanon, OH 45345
  • /9

    $900 Per Month

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • ChurchStS363

    363 S Church St Unit ChurchStS363, New Lebanon, OH 45345

    363 S Church St Unit ChurchStS363, New Lebanon, OH 45345

Why Live in New Lebanon

New Lebanon, OH, is a tranquil village located just outside Dayton, offering a slower pace of life compared to the nearby bustling cities. The community is characterized by its quiet atmosphere, tree-lined streets, and homes dating back to the 1900s, including ranch-style houses, Cape Cods, split-level houses, and Craftsman homes. The new subdivision, Tarragon Estates, features two-story New Traditional homes. Residents enjoy wide residential roads shaded by tall trees, grassy yards, and covered porches that foster neighborly interactions. Students attend Dixie schools within the village, which offer a variety of career and technical programs through the Miami Valley Career Technical Center. Don Rusk Park and Stanley Jones Park provide recreational features such as playgrounds, sports courts, and walking paths, while Buckeye Pheasant Hunting Preserve offers guided hunting trips. Shopping and dining options are limited, with most stores and eateries located near Clayton Road and Highway 35, including Dixie Diner and Origin Coffee and Cream. Groceryland Foods serves as the primary supermarket, and local farms sell fresh produce seasonally. Highway 35 connects New Lebanon to Dayton, approximately 12 miles away, facilitating access to amenities and employment opportunities. Community events like Day at the Park and the Santa Claus Parade bring residents together, enhancing the village's close-knit feel.

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 $2,200 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos 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 New Lebanon, OH?
To comfortably afford the median rent in New Lebanon, OH, a household needs to earn roughly $88,000 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 $2,200 per month in New Lebanon, OH, renters typically need to show $6,600 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 7.2, 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.
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 Wesleyan Hill, College Hill, Downtown Miamisburg, Fairview and Fort McKinley, each with its own character and price range.

Rental Trends in New Lebanon, OH

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$2,200
Median Single Family Home Rent
$2,200
Median Condo Rent
$1,000
How to Rent a Home