Lebanon Market Report
Red Door tracks rental conditions in Lebanon, the Boone County seat about 28 miles northwest of Indianapolis — a market drawing new attention from the LEAP Innovation and Research District's major manufacturing investment nearby.
Data as of October 2026
Median Rent
$1,500
Current market median
Active Listings
33
Homes currently available to rent
Most Common Size
2-Bedroom
Largest share of current listings
Recent Reports & Videos
Monthly write-ups and video walkthroughs from Red Door's team, covering Lebanon.
VideoSeptember 2026
Lebanon Market Report: Rents Rise 20% With Only 4 Active Rentals | August 2026
Lebanon rents rose 20%, but only four rentals were active. See what August 2026 rental and sales data means for Central Indiana investors.
VideoAugust 2026
Is Lebanon, Indiana an Emerging Rental Market for Investors? | July 2026 Market Report
Lebanon has low rental inventory and rising sales prices. See July 2026 data on rents, sales, and investor opportunity.
VideoJuly 2026
Lebanon Market Report: Five Rentals Signal an Underserved Growth Market
Lebanon has just 5 rentals active and strong sales speed. See why June 2026 data points to an underserved investor market.
VideoMay 2026
Lebanon Market Updates: Tiny Rental Sample, Big Investor Watchlist
Lebanon April 2026 market update: only nine active rentals, average rent at $1,800, and sales still affordable as the market transitions.
VideoMay 2026
Lebanon Market Updates: Early-Inning Growth, Low Inventory, Real Upside
See March 2026 Lebanon rental and sales data, including $2,000 average rent, 26 days on market, low inventory, development growth, and investor takeaways.
VideoNovember 2025
Lebanon, IN Market Update: Rent Growth, Fast Leasing & Investor Home Prices (October 2025)
Lebanon’s October 2025 data shows rising rents, very low days on market, and affordable sales prices—making it a growth market to watch as Boone County development expands.
Other Markets We Report On
Red Door tracks rental conditions across Central Indiana. Explore another submarket.
Own a Rental in Lebanon?
See what your property could rent for, or talk with our team about how we manage homes in this market.