Department of Numbers

Lebanon County Pennsylvania Residential Rent and Rental Statistics

The median monthly gross residential rent in Lebanon County PA was $816 in 2017 according to the Census ACS survey.1 Average gross rent in Lebanon County was $836 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Lebanon County median and average rent data will be released in September of 2019.

Data is also available below for Lebanon County rental vacancy rates, Lebanon County rent as a percent of median income and the fraction of renters in Lebanon County.

Show dollars as: Nominal Real

Real Gross Rent in Lebanon County Pennsylvania (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Pennsylvania Median Gross Rent $893 -0.22% +2.88%
Lebanon County PA Median Gross Rent $816 +0.12% +2.77%

Lebanon County PA Real Gross Rent Trends

At $816, real median gross rent in Lebanon County was at its highest level in 2017 since the series began in 2005. At $836, real average gross rent in Lebanon County was at its highest level in 2017 since the series began in 2005.

Real Gross Rent: Lebanon County PA Median, Lebanon County PA Average, Pennsylvania Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Lebanon County

Date US
Median
Pennsylvania
Median
Lebanon County PA
Median
Lebanon County PA
Average
2017 $1,012 $893 $816 $836
2016 $996 $895 $815 $819
2015 $987 $893 $809 $834
2014 $956 $868 $794 $799
2013 $924 $846 $788 $785
2012 $912 $823 $747 $781
2011 $912 $823 $732 $734
2010 $927 $827 $750 $751
2009 $931 $816 $696 $734
2008 $947 $834 $726 $719
2007 $899 $781 $690 $685
2006 $909 $791 $694 $697

Lebanon County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2016 the rental vacancy rate for Lebanon County Pennsylvania was 6.23% according to Census ACS data.

Rental Vacancy Rate in Lebanon County Pennsylvania

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Pennsylvania 5.84% +0.07% -0.56%
Lebanon County PA

Trends in Lebanon County PA Rental Vacancy Rate

The rental vacancy rate in Lebanon County peaked in 2006 at 9.47%. Since then it has fallen by 3.24% to 6.23%. Data records for this series originated in 2005. From a 2008 post peak low of 1.27%, the rental vacancy rate has increased by 4.96%.

Rental Vacancy Rate: Lebanon County PA, Pennsylvania, US

Rental vacancy rate in Pennsylvania

Historical Rental Vacancy Rate data for Lebanon County

Date US Pennsylvania Lebanon County PA
2017 6.18% 5.84%
2016 5.89% 5.77% 6.23%
2015 5.85% 5.77% 5.41%
2014 6.32% 6.40% 2.02%
2013 6.49% 5.78%
2012 6.77% 5.88%
2011 7.40% 6.13% 2.52%
2010 8.17% 6.47% 7.29%
2009 8.43% 6.80% 3.17%
2008 7.86% 6.65% 1.27%
2007 7.87% 7.34% 1.42%
2006 7.70% 8.09% 9.47%

Rent as a Fraction of Income

Using median household income data for Lebanon County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Lebanon County, median monthly gross rent as a fraction of median household income was 17.07% in 2017 according to the ACS.

Lebanon County Pennsylvania Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Pennsylvania 18.10% -0.47% -1.01%
Lebanon County PA 17.07% +0.24% -0.13%

Trends in Lebanon County PA Rent as a Fraction of Income

The fraction of median Lebanon County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 17.94%. Since then it has fallen by 0.87% to 17.07%.

Fraction of Income towards Rent: Lebanon County PA, Pennsylvania, US

Percent of median household income going towards median monthly gross rent in Lebanon County Pennsylvania

Historical Data for Annual Rent as a Fraction of Income in Lebanon County Pennsylvania

Date US Pennsylvania Lebanon County PA
2017 20.13% 18.10% 17.07%
2016 20.43% 18.58% 16.83%
2015 20.63% 18.70% 17.94%
2014 20.89% 19.12% 17.20%
2013 20.78% 19.11% 16.55%
2012 20.65% 18.69% 16.85%
2011 20.70% 18.78% 15.25%
2010 20.50% 18.58% 16.14%
2009 20.12% 17.88% 14.90%
2008 19.00% 17.18% 14.40%
2007 18.66% 16.92% 15.57%
2006 18.90% 17.22% 14.22%

Renter Fraction in Lebanon County Pennsylvania

You can calculate the renter fraction in Lebanon County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Lebanon County as a fraction of total Lebanon County households. In 2017 29.98% of households were renters according to Census ACS data.

Lebanon County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Pennsylvania 31.70% +0.20% +0.53%
Lebanon County PA 29.98% -0.46% -0.62%

Trends in the Lebanon County PA Renter Fraction

The Lebanon County household renter fraction peaked in in 2015 at 32.20% and is now 2.22% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Lebanon County PA, Pennsylvania, US

Fraction of renters in Lebanon County

History of Lebanon County Renter Fraction

Date US Pennsylvania Lebanon County PA
2017 36.13% 31.70% 29.98%
2016 36.88% 31.50% 30.44%
2015 36.97% 31.28% 32.20%
2014 36.90% 31.17% 30.60%
2013 36.50% 31.05% 31.00%
2012 36.09% 31.09% 29.67%
2011 35.42% 30.51% 26.34%
2010 34.65% 29.87% 28.11%
2009 34.13% 29.48% 26.66%
2008 33.36% 29.15% 25.72%
2007 32.80% 28.36% 25.48%
2006 32.73% 28.28% 23.40%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.