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These days, finding an affordable place to live in the East Lebanon area can be challenging. Home prices in East Lebanon are now at a median cost of $351,046, higher than the Maine average of $330,167.
The average cost of rent is $1,255/mo in East Lebanon, primarily driven by the current value of real estate in the East Lebanon area. In East Lebanon, 3.74% of households rent, and 29.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Lebanon is $8,058 per month. Households that rent pay about 15.57% of their income on rent here. East Lebanon’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Lebanon, ME: equally priced homes
- Lebanon, ME: equally priced homes
- Sanford, ME: less expensive homes
- Tatnic, ME: higher priced homes
- Springvale, ME: less expensive homes
- Emery Mills, ME: equally priced homes
- South Sanford, ME: less expensive homes
- North Berwick, ME: higher priced homes
- Milton, NH: less expensive homes
- Berwick, ME: equally priced homes
Cities with Similar Populations
- Eldorado Springs, CO: higher priced homes
- Switzer, WV: less expensive homes
- Summersville, OH: less expensive homes
- Sugar Run, PA: less expensive homes
- Sugar Loaf, NY: higher priced homes
- Stony Lake, MI: less expensive homes
- Staunton, OH: less expensive homes
- Gary, MN: less expensive homes
- Frederika, IA: less expensive homes
- Forksville, PA: less expensive homes
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