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 $229,014, lower than the Maine average of $243,042.
The average cost of rent is $1,293/mo in Lebanon, primarily driven by the current value of real estate in the Lebanon area. While nearly 42.01% of residents own their homes outright in Lebanon, 12.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lebanon is $6,873 per month. Households that rent pay about 18.81% of their income on rent here. Lebanon's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- East Lebanon, ME: equally priced homes
- North Lebanon, ME: equally priced homes
- Milton, NH: equally priced homes
- Tatnic, ME: higher priced homes
- Rochester, NH: less expensive homes
- Emery Mills, ME: equally priced homes
- Farmington, NH: equally priced homes
- Berwick, ME: higher priced homes
- Springvale, ME: less expensive homes
- Sanford, ME: less expensive homes
Cities with Similar Populations
- Heyburn, ID: less expensive homes
- Wheatland, WY: equally priced homes
- Harrisville, RI: higher priced homes
- Hawkinsville, GA: less expensive homes
- Hawthorne, FL: less expensive homes
- Headland, AL: less expensive homes
- Hearne, TX: less expensive homes
- Hebron, CT: higher priced homes
- Hebron, OH: less expensive homes
- Heflin, AL: less expensive homes
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