The Most Affordable Neighborhoods in Lisbon, TN by Home Value

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 $126,078, lower than the Tennessee average of $315,131.

The average cost of rent is $926/mo in Lisbon, primarily driven by the current value of real estate in the Lisbon area. In Lisbon, 17.89% of households rent, and 54.65% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lisbon is $4,336 per month. Households that rent pay about 21.35% of their income on rent here. Lisbon’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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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