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 $96,038, lower than the Tennessee average of $218,916.
The average cost of rent is $670/mo in Lisbon, primarily driven by the current value of real estate in the Lisbon area. While nearly 54.01% of residents own their homes outright in Lisbon, 14.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lisbon is $4,248 per month. Households that rent pay about 15.77% of their income on rent here. Lisbon's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
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