Lebanon, KS

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Lebanon short-term rental market based on reliable data.

Listings

22 / 38

Reliable / Active

Cap Rate

16%

Middle-Earners Gross Yield

Revenue

$17,353

Middle-Earners Revenue

Occupancy

51%

Middle-Earners Occupancy

Home Value

$110,697

Median Home Sale Price

Top Earners

$26,521

Top-Earners Revenue

Lebanon

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lebanon.

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C

Challenging to Investors

Lebanon Regulations

STRs are likely legal but Lebanon, KS lacks specific local rules or contacts, creating uncertainty on permitting, fees, caps, and enforcement, which raises compliance risk for investors.

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About Lebanon

Lebanon is a tiny community in Smith County, in the north-central part of Kansas, with a population of only a few hundred residents. Set in the wide, rolling High Plains, it has the quiet, agricultural character typical of small Plains towns, with grain elevators, a modest main street, and broad horizons in every direction. Lebanon is best known as the closest town to the geographic center of the contiguous United States, a distinction that draws curious road-trippers and geography enthusiasts passing through on the cross-country routes that crisscross the area. The nearest sizable city is Hays, home to Fort Hays State University, roughly 80 miles to the west, while larger regional hubs like Salina and Wichita lie several hours to the south and Kansas City sits several hours to the east.

The primary draw in the area is the Center of the Nation monument, located a few miles north of Lebanon just off U.S. Route 36. The site marks the calculated geographic center of the lower 48 states and features a small chapel, plaques explaining how the point was derived, and a flag display honoring the U.S. states. The setting is open and somewhat austere, but the photo opportunity and the novelty of standing at such a symbolically significant point makes it a worthwhile stop for travelers on long interstate drives. The associated Geographic Center of the Contiguous United States is one of those quirky American landmarks that rewards those who make the detour.

A short drive east brings visitors to Smith Center, the county seat and the closest town with a real range of services, including locally owned diners, a historic county courthouse, and the limestone façades typical of older Kansas county seats. The drive takes only a handful of minutes and gives travelers a feel for the regional character of north-central Kansas, with its midwestern hospitality and unhurried pace. Travelers with more time often continue along the Post Rock Scenic Byway, a designated drive that winds through the surrounding region and showcases the limestone fence posts and rock-walled buildings that early settlers cut from the sparse local timber and stone.

Lebanon's appeal as a short-term rental base is its novelty and its place on the map. Visitors who book a stay here are typically road-trippers, geography buffs, or travelers looking for an offbeat stop with a story attached, and the town's proximity to the Center of the Nation monument, plus its easy reach of the broader north-central Kansas countryside, gives owners a steady trickle of curious guests year-round. The area's quiet, stargazing-friendly skies and its position along east-west travel corridors make it a surprisingly appealing waypoint for a one- or two-night stay in the heart of the continent.

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