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 $142,683, lower than the Kentucky average of $164,895.
The average cost of rent is $653/mo in Lebanon, primarily driven by the current value of real estate in the Lebanon area. While nearly 46.37% of residents own their homes outright in Lebanon, 31.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lebanon is $4,680 per month. Households that rent pay about 13.96% of their income on rent here. Lebanon's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Jessietown, KY: equally priced homes
- St. Mary, KY: less expensive homes
- Phillipsburg, KY: equally priced homes
- Jimtown, KY: less expensive homes
- St. Joseph, KY: equally priced homes
- Cisselville, KY: higher priced homes
- Bradfordsville, KY: less expensive homes
- Texas, KY: equally priced homes
- Riley, KY: less expensive homes
- St. Francis, KY: higher priced homes
Cities with Similar Populations
- Liberty, NC: higher priced homes
- Lake Bluff, IL: higher priced homes
- Lake Hiawatha, NJ: higher priced homes
- Lake Hopatcong, NJ: higher priced homes
- Lake Mohawk, NJ: higher priced homes
- Lake Monticello, VA: higher priced homes
- Lake Park, FL: higher priced homes
- Landenberg, PA: higher priced homes
- Lansdowne, MD: higher priced homes
- Lasalle, IL: less expensive homes
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