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 $138,716, lower than the Missouri average of $194,908.
The average cost of rent is $733/mo in Lebanon, primarily driven by the current value of real estate in the Lebanon area. While nearly 46.41% of residents own their homes outright in Lebanon, 30.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lebanon is $4,515 per month. Households that rent pay about 16.24% of their income on rent here. Lebanon's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Decaturville, MO: equally priced homes
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- Evergreen, MO: equally priced homes
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- Agnes, MO: less expensive homes
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Cities with Similar Populations
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- Pelham, AL: higher priced homes
- Pascagoula, MS: less expensive homes
- Princeton Junction, NJ: higher priced homes
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