Expensive
Affordable
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These days, finding an affordable place to live in the Lisbon area can be challenging. Home prices in Lisbon are now at a median cost of $356,317, higher than the Illinois average of $300,242.
The average cost of rent is $1,425/mo in Lisbon, primarily driven by the current value of real estate in the Lisbon area. In Lisbon, 22.49% of households rent, and 36.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lisbon is $8,790 per month. Households that rent pay about 16.22% of their income on rent here. Lisbon’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lisbon Center, IL: equally priced homes
- Newark, IL: less expensive homes
- Morris, IL: less expensive homes
- Stavanger, IL: equally priced homes
- Plattville, IL: equally priced homes
- Millington, IL: less expensive homes
- Millbrook, IL: higher priced homes
- Minooka, IL: less expensive homes
- Sheridan, IL: less expensive homes
- Seneca, IL: less expensive homes
Cities with Similar Populations
- Elnora, IN: less expensive homes
- Tri-Lakes, IN: equally priced homes
- Towner, ND: less expensive homes
- Tomahawk, KY: less expensive homes
- Tebbetts, MO: less expensive homes
- Forum, AR: less expensive homes
- Forestport, NY: less expensive homes
- Five Points, TN: less expensive homes
- Falls City, WI: less expensive homes
- Esom Hill, GA: less expensive homes
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