Lebanon, PA Airbnb Market Data, Statistics, and Occupancy Rates

Lebanon Short-Term Rental Market Overview

Lebanon, PA presents an attractive short-term rental opportunity with just 26 active Airbnb listings and an ROI score of 74 out of 100. Average annual revenue reaches $24,168 against average home values of $446,946, and the market has seen impressive 83% year-over-year listing growth — a signal that investors are catching on to the area's potential. With above-average occupancy stability and a daily rate of $180 (well below the $350 Pennsylvania state average), Lebanon offers a more affordable entry point for investors seeking solid cash flow in a small but growing market.

Key Market Statistics

According to Rabbu market data, the Lebanon short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Lebanon

Investors are drawn to Lebanon for its combination of affordable property prices relative to revenue potential, above-average occupancy stability, and a market that's still early enough in its growth cycle to offer meaningful upside.

Expert Market Assessment

"Lebanon earns an "Attractive Opportunity" designation with its 74/100 ROI score, driven primarily by above-average occupancy stability and positive market growth trends. Revenue follows a clear seasonal arc — July and August are the peak months at $3,237 each, while January dips to $1,160, creating a roughly 2.8x spread between the strongest and weakest months. The market's compact size of 26 listings means individual properties can capture meaningful demand, though the rapid supply growth warrants monitoring to ensure new inventory doesn't outpace traveler interest. For investors who can manage through quieter winter months, the summer and fall revenue makes this a compelling small-market play in central Pennsylvania."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Lebanon

Average revenue by month in Lebanon

Lebanon's revenue cycle peaks sharply in July and August at $3,237 per month, roughly 2.8 times the January low of $1,160. The warm-weather months from May through October consistently outperform, with a secondary October bump at $2,166 suggesting fall travel demand — investors should budget for meaningfully softer earnings from November through April.

Active Airbnb listings by property size in Lebanon

Supply is relatively balanced across the three tracked bedroom counts, with 2-bedroom units leading at 7 listings, followed by 3-bedrooms (6) and 1-bedrooms (5). The small total of just 26 listings across all sizes suggests limited competition, and there may be room for larger properties (4+ bedrooms) that don't yet appear in the inventory.

Average daily rate (ADR) by property size in Lebanon

ADR increases steadily with property size, from $111 for 1-bedroom units to $147 for 2-bedrooms and $183 for 3-bedrooms. The jump from 2 to 3 bedrooms ($36 premium) is particularly noteworthy given that 3-bedroom properties also deliver the highest overall revenue, suggesting the added bedroom commands meaningful nightly pricing power.

Average RevPAN by property size in Lebanon

RevPAN ranges from $39 for 1-bedroom listings to $49 for 3-bedrooms, with 2-bedrooms close behind at $48. The relatively narrow spread between 2- and 3-bedroom RevPAN indicates that while larger units charge more per night, their lower occupancy partially offsets the rate advantage on a per-available-night basis.

Average occupancy rates by property size in Lebanon

Smaller units fill more consistently, with 1-bedrooms achieving 35% occupancy compared to 33% for 2-bedrooms and 27% for 3-bedrooms. Investors prioritizing steady bookings may favor smaller properties, though the higher ADR and revenue of 3-bedroom units can compensate for the occupancy gap.

Average monthly revenue by property size in Lebanon

Three-bedroom properties dominate monthly earnings at $3,220 — nearly double the $1,664 that 1-bedroom units generate. Two-bedroom listings fall in between at $1,972, making the jump to a 3-bedroom configuration the clearest revenue accelerator in this market.

Average annual revenue by property size in Lebanon

Annual revenue scales meaningfully with size: 1-bedrooms earn approximately $19,976, 2-bedrooms bring in $23,675, and 3-bedroom properties lead at $38,647. The 3-bedroom tier stands out with nearly 63% more annual revenue than 2-bedrooms, making it the most compelling configuration for investors focused on maximizing gross income.

Most common amenities for Airbnb listings in Lebanon

Parking is universal at 100% of listings, reflecting Lebanon's car-dependent setting, while kitchens (96%) and self check-in (85%) round out the essentials. The prevalence of laundry facilities (77%), backyards (58%), and workspaces (54%) signals that guests expect a home-like experience — investors should prioritize these staples, and amenities like hot tubs (15%) could serve as competitive differentiators.

Understanding Lebanon's ROI Score: 74/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Lebanon's ROI score of 74 out of 100 places it in the "Attractive Opportunity" band, reflecting a market where revenue potential aligns well with property costs. Above-average marks for occupancy stability and market growth trend provide confidence in demand durability, while the average ratings for revenue-to-price ratio and supply/demand balance suggest room for improvement as the market matures. Pairing this score with on-the-ground regulatory research and a property-level financial analysis will give investors the clearest picture of whether Lebanon fits their portfolio.

Short-Term Rental Regulations in Lebanon

Understanding local STR regulations is essential before investing in Lebanon. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in Lebanon, Pennsylvania may need to obtain a local rental permit or register their property with the city before listing. Investors should verify current requirements directly with Lebanon's municipal offices and the Lebanon County administration, as regulations can evolve quickly in growing markets.

Key Restrictions

Common restrictions that may apply include occupancy limits tied to property size, noise ordinances, parking requirements for guests, and potential HOA rules that could restrict or prohibit short-term rentals in certain neighborhoods. Some Pennsylvania municipalities also impose minimum-stay requirements or cap the number of STR permits issued in a given area, so due diligence on local zoning is essential.

Tax Obligations

Short-term rental hosts in Pennsylvania are typically subject to state sales tax, local hotel or occupancy taxes, and potentially a tourism-related assessment. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with a tax professional familiar with Lebanon County requirements.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Lebanon can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Lebanon's STR market is expected to continue its upward trajectory given the above-average market growth trend and occupancy stability reflected in the data. Summer months (June through August) should remain the revenue peak, with monthly earnings likely hovering around $2,800–$3,200 during that window. Investors can anticipate ADR increases in the range of 2–5% as demand matures alongside the growing supply, though the 83% listing growth rate may moderate as the market finds its equilibrium. Off-peak months from January through April will likely continue producing more modest returns in the $1,200–$1,500 range, so budgeting for seasonal variability remains important."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Lebanon, PA

What is the average Airbnb occupancy rate in Lebanon?

The average Airbnb occupancy rate in Lebanon, PA is currently 34%, which sits just slightly below the Pennsylvania state average of 36%. Occupancy varies by property size — 1-bedroom units lead at 35%, while 3-bedroom properties come in lower at 27%. The above-average occupancy stability in this market suggests consistent booking patterns that help even out seasonal fluctuations.

How much do Airbnb hosts make in Lebanon?

Airbnb hosts in Lebanon earn an average of $2,014 per month, which translates to approximately $24,168 per year based on trailing 12-month data. Revenue varies significantly by property size: 1-bedroom listings average $19,976 annually, 2-bedrooms bring in around $23,675, and 3-bedroom properties lead with $38,647 per year. Peak summer months can push monthly revenue above $3,200.

Is Lebanon a good market for Airbnb investment?

Lebanon carries a Rabbu ROI Score of 74 out of 100, classified as an "Attractive Opportunity." The market benefits from above-average occupancy stability and positive growth trends, paired with relatively affordable home values averaging $446,946. With only 26 active listings and 83% year-over-year supply growth, the market is still emerging — offering early-mover advantages while demand continues to develop. Investors should weigh the seasonal revenue swings (summer peaks vs. winter lows) when modeling returns.

What is the average daily rate (ADR) for Airbnb in Lebanon?

The average daily rate for Airbnb listings in Lebanon is $180, which is considerably below the Pennsylvania state average of $350. ADR scales predictably with property size: 1-bedroom units average $111, 2-bedrooms reach $147, and 3-bedroom properties command $183 per night. This lower rate structure reflects the market's affordability and positions listings competitively for budget-conscious travelers.

Are short-term rentals legal in Lebanon?

Short-term rentals generally operate in Lebanon, PA, as evidenced by the 26 active listings currently on the market. However, specific permit requirements, zoning restrictions, and local regulations may apply. Investors should consult directly with Lebanon's municipal government and review any applicable Pennsylvania state requirements before purchasing or listing a property.

When is peak season for Airbnb in Lebanon?

Peak season in Lebanon runs from June through August, with July and August both topping out at $3,237 in average monthly revenue — the highest of the year. June is also strong at $2,815. October provides a secondary bump at $2,166, likely driven by fall foliage and seasonal events. The slowest months are January ($1,160) and February ($1,219), so investors should plan for reduced winter income.

How many Airbnbs are there in Lebanon?

There are currently 26 active Airbnb listings in Lebanon, PA as of April 2026. The supply breaks down relatively evenly across property sizes: 5 one-bedroom units, 7 two-bedroom units, and 6 three-bedroom units. Notably, the market has experienced 83% year-over-year growth in active listings, indicating increasing investor interest.

How is Airbnb revenue calculated in Lebanon?

The annual and monthly revenue figures shown for Lebanon are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate the results into a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance data. Individual results can vary based on property quality, pricing strategy, location within the market, and operational management.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Lebanon, PA market
• Average daily rate, occupancy, and RevPAN trends tracked over time
• Monthly and annual revenue metrics based on trailing 12-month booking data
• Property size breakdowns for supply, pricing, occupancy, and revenue
• Data sourced from Rabbu proprietary analytics and Zillow Home Value Index for consistency

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and current snapshots as of April 2026; market conditions may have shifted since collection. Local regulations and tax requirements vary and should be independently verified before making investment decisions.