Home Price Key
Affordable
Average
Expensive
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 $120,306, lower than the New York average of $481,023.
The average cost of rent is $989/mo in Lisbon, primarily driven by the current value of real estate in the Lisbon area. While nearly 61.06% of residents own their homes outright in Lisbon, 7.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lisbon is $6,197 per month. Households that rent pay about 15.96% of their income on rent here. Lisbon's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
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