
Home Price Key
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 $289,526, lower than the Colorado average of $430,259.
The average cost of rent is $1,064/mo in Lebanon, primarily driven by the current value of real estate in the Lebanon area. While nearly 39.46% of residents own their homes outright in Lebanon, 20.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lebanon is $5,492 per month. Households that rent pay about 19.37% of their income on rent here. Lebanon's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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- Tacoma, CO: higher priced homes
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Cities with Similar Populations
- Cannon Beach, OR: higher priced homes
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- Cascade Locks, OR: equally priced homes
- Carlton, GA: less expensive homes
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