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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 $127,449, lower than the New York average of $610,895.
The average cost of rent is $713/mo in Lisbon, primarily driven by the current value of real estate in the Lisbon area. In Lisbon, 6.88% of households rent, and 69.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lisbon is $6,347 per month. Households that rent pay about 11.23% of their income on rent here. Lisbon’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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