Home Price Key
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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 $104,510, lower than the Iowa average of $182,666.
The average cost of rent is $705/mo in Lebanon, primarily driven by the current value of real estate in the Lebanon area. While nearly 61.43% of residents own their homes outright in Lebanon, 21.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lebanon is $4,150 per month. Households that rent pay about 16.98% of their income on rent here. Lebanon's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Keosauqua, IA: equally priced homes
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- Bonaparte, IA: higher priced homes
- Cantril, IA: equally priced homes
- Birmingham, IA: higher priced homes
- Leando, IA: higher priced homes
- Stockport, IA: less expensive homes
Cities with Similar Populations
- Roanoke, WV: higher priced homes
- Mount Sterling, MO: higher priced homes
- Mountain Fork, AR: equally priced homes
- Muddy, IL: equally priced homes
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- Mule Creek, NM: higher priced homes
- Museville, VA: equally priced homes
- Mystic, MO: equally priced homes
- Nahma, MI: higher priced homes
- Nancy, MS: less expensive homes
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