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 $120,925, lower than the Virginia average of $323,261.
The average cost of rent is $584/mo in Lebanon, primarily driven by the current value of real estate in the Lebanon area. While nearly 66.43% of residents own their homes outright in Lebanon, 24.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lebanon is $3,892 per month. Households that rent pay about 15.01% of their income on rent here. Lebanon's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Hansonville, VA: less expensive homes
- Cleveland, VA: less expensive homes
- Carbo, VA: less expensive homes
- Elk Garden, VA: equally priced homes
- South Clinchfield, VA: less expensive homes
- Coulwood, VA: less expensive homes
- Carterton, VA: less expensive homes
- Duncanville, VA: equally priced homes
- Temple Hill, VA: equally priced homes
- Dickensonville, VA: less expensive homes
Cities with Similar Populations
- Helendale, CA: higher priced homes
- Gurley, AL: higher priced homes
- Whitemarsh Island, GA: higher priced homes
- White Pine, TN: higher priced homes
- White Oak, TX: higher priced homes
- White Bluff, TN: higher priced homes
- Hampden, ME: higher priced homes
- Hampstead, NH: higher priced homes
- Hampton, NJ: higher priced homes
- Harbor Springs, MI: higher priced homes
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