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 $277,101, higher than the Tennessee average of $218,916.
The average cost of rent is $1,102/mo in Lebanon, primarily driven by the current value of real estate in the Lebanon area. While nearly 40.10% of residents own their homes outright in Lebanon, 31.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lebanon is $6,296 per month. Households that rent pay about 17.51% of their income on rent here. Lebanon's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Cairo Bend, TN: higher priced homes
- Gladeville, TN: equally priced homes
- Taylorsville, TN: less expensive homes
- Shop Springs, TN: less expensive homes
- Laguardo, TN: higher priced homes
- Bellwood, TN: less expensive homes
- Mount Juliet, TN: higher priced homes
- Suggs Creek, TN: higher priced homes
- Castalian Springs, TN: less expensive homes
- Commerce, TN: less expensive homes
Cities with Similar Populations
- Ithaca, NY: equally priced homes
- Reseda, CA: higher priced homes
- Reynoldsburg, OH: less expensive homes
- San Gabriel, CA: higher priced homes
- Smyrna, TN: equally priced homes
- Stuart, FL: equally priced homes
- The Hammocks, FL: higher priced homes
- Titusville, FL: less expensive homes
- Vineland, NJ: less expensive homes
- Lenexa, KS: higher priced homes
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