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 $264,663, higher than the Ohio average of $181,280.
The average cost of rent is $1,008/mo in Lebanon, primarily driven by the current value of real estate in the Lebanon area. While nearly 27.18% of residents own their homes outright in Lebanon, 24.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lebanon is $8,195 per month. Households that rent pay about 12.30% of their income on rent here. Lebanon's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Red Lion, OH: higher priced homes
- Hageman, OH: higher priced homes
- Otterbein, OH: equally priced homes
- South Lebanon, OH: less expensive homes
- Dodds, OH: less expensive homes
- Oregonia, OH: equally priced homes
- Kings Mills, OH: higher priced homes
- Oakland, OH: equally priced homes
- Morrow, OH: equally priced homes
- Senior, OH: equally priced homes
Cities with Similar Populations
- Daphne, AL: equally priced homes
- Clemmons, NC: less expensive homes
- West Hills, CA: higher priced homes
- Burien, WA: higher priced homes
- Ossining, NY: higher priced homes
- Opelousas, LA: less expensive homes
- Oxford, MS: equally priced homes
- Pace, FL: less expensive homes
- Paramus, NJ: higher priced homes
- Parkland, FL: higher priced homes
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