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RentData.org Logo Lebanon Fair Market Rent FY 2016 Lebanon, PA MSA Rental Data

Fair Market Rent Prices in Lebanon, PA :
$582 $620 $783 $1,015 $1,208
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Lebanon are high compared to the national average. This FMR area is more expensive than 80% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lebanon is $783 per month.

The previous year, rent for a two-bedroom home was $812 per month. This is a 3.57% decrease year-over-year.

This FMR rate applies to Campbelltown, PA, Kleinfeltersville, PA, Lawn, PA, Ono, PA, Quentin, PA, Rexmont, PA, Schaefferstown, PA, Mount Gretna, PA, Cornwall, PA, Jonestown, PA and other cities within the region. The Metro Code or CBSA code for this region is METRO30140M30140.

Additionally, This Fair Market Rent (FMR) area Lebanon, PA MSA spans one county or city in Pennsylvania which is listed in the table below. Estimated population of Lebanon, PA MSA FMR area is 133,568 people based on latest Census data.

Compared to the rest of Pennsylvania, the Lebanon FMR area is more expensive than 74% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Lebanon. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lebanon

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 628
1-BR 1-Bedroom $ 668
2-BR 2-Bedroom $ 844
3-BR 3-Bedroom $ 1094
4-BR 4-Bedroom $ 1302
Change Year:

There is just one county (listed below) within the Lebanon, PA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Harrisburg - Lncstr - Leb - York and Wilkes Barre - Scranton.

County / Region Est. Population
Lebanon County, PA Metro 133,568
Zip Codes in Lebanon, PA MSA

There are 14 unique zip codes in this Fair Market Rent (FMR) area:

17003, 17010, 17016, 17038, 17039, 17041, 17042, 17046, 17064, 17077, 17083, 17085, 17088 and 17963

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