Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lebanon area can be challenging. Home prices in Lebanon are now at a median cost of $77,310, lower than the Alabama average of $185,232.
The average cost of rent is $615/mo in Lebanon, primarily driven by the current value of real estate in the Lebanon area. While nearly 69.50% of residents own their homes outright in Lebanon, 10.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lebanon is $4,259 per month. Households that rent pay about 14.44% of their income on rent here. Lebanon's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Loveless, AL: equally priced homes
- Pine Ridge, AL: higher priced homes
- Collinsville, AL: higher priced homes
- Dawson, AL: higher priced homes
- Fort Payne, AL: higher priced homes
- Shiloh, AL: higher priced homes
- Copeland Bridge, AL: higher priced homes
- Congo, AL: higher priced homes
- Sand Rock, AL: higher priced homes
- Rainsville, AL: higher priced homes
Cities with Similar Populations
- Milton, IL: higher priced homes
- McKinney, AR: higher priced homes
- Meadowville, WV: higher priced homes
- Medina, ND: higher priced homes
- Melby, MN: higher priced homes
- Melrose, GA: higher priced homes
- Merwin, MO: higher priced homes
- Midvale, MO: higher priced homes
- Milford Center, NY: higher priced homes
- Mill River, MA: higher priced homes
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