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 $249,965, lower than the Oregon average of $365,363.
The average cost of rent is $1,096/mo in Lebanon, primarily driven by the current value of real estate in the Lebanon area. While nearly 34.26% of residents own their homes outright in Lebanon, 33.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lebanon is $4,876 per month. Households that rent pay about 22.47% of their income on rent here. Lebanon's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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