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These days, finding an affordable place to live in the Mount Lebanon area can be challenging. Home prices in Mount Lebanon are now at a median cost of $95,568, lower than the Louisiana average of $235,139.
The average cost of rent is $564/mo in Mount Lebanon, primarily driven by the current value of real estate in the Mount Lebanon area. In Mount Lebanon, 28.94% of households rent, and 68.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Lebanon is $3,128 per month. Households that rent pay about 18.02% of their income on rent here. Mount Lebanon’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gibsland, LA: equally priced homes
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- Old Athens, LA: equally priced homes
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- Dubberly, LA: higher priced homes
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Cities with Similar Populations
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- Layton, NJ: higher priced homes
- Lazare, TX: higher priced homes
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