salaryRent is higher than in 61% of U.S. cities. Incomes are on the low side for rents this high, so budgets feel tight. A typical house costs about 4.9 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $74,480 a year. That is $36 an hour at a full-time job.
Is rent cheaper than other Oregon cities?
No. Rent here is more expensive than in most of Oregon. It is number 59 of 105 cities from cheapest to most expensive.
How much do households earn in Lebanon?
Share of households by yearly income. 19.4% of households earn $100,000 or more.
Rent by apartment size in Lebanon
| Size | Lebanon | U.S. average |
|---|---|---|
| Studio | $946 | $1,338 |
| 1 bedroom | $1,141 | $1,324 |
| 2 bedrooms | $1,455 | $1,509 |
| 3 bedrooms | $1,690 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lebanon overall?
Everyday prices in Oregon overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lebanon, so the Oregon figure is shown.
Taxes and bills in Lebanon
Life in Lebanon
Is it cheaper to rent or buy in Lebanon?
Renting is cheaper right now: about $475 a month less.
Owning assumes a typical $336,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,680 for the down payment.
Frequently asked questions
What is the average rent in Lebanon, OR?
Renting in Lebanon costs a median of about $1,862 a month in 2026, including utilities. The Oregon median is $1,811.
How much do I need to make to live in Lebanon?
To keep rent under 30% of income, you need about $74,480 a year, or $36 an hour at a full-time job.
Is Lebanon cheap or expensive?
Lebanon is rated Expensive: rent takes 32.8% of the typical household income of $68,135. It ranks 59th cheapest of 105 Oregon cities we track.
How much are property taxes in Lebanon?
The median homeowner in Lebanon pays $3,114 a year in property taxes, about 0.92% of the median home value.
Is Lebanon more expensive than the national average?
Overall prices in Oregon are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Lebanon?
The median home value in Lebanon is $336,800, about 4.9 times the typical yearly household income.
19,344 people live in Lebanon. Numbers are typical (middle) values.