Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Lebanon area can be challenging. Home prices in New Lebanon are now at a median cost of $217,808, lower than the New York average of $481,023.
The average cost of rent is $959/mo in New Lebanon, primarily driven by the current value of real estate in the New Lebanon area. While nearly 43.33% of residents own their homes outright in New Lebanon, 20.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Lebanon is $6,055 per month. Households that rent pay about 15.84% of their income on rent here. New Lebanon's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- West Lebanon, NY: equally priced homes
- Canaan, NY: higher priced homes
- Wyomanock, NY: less expensive homes
- Brainard, NY: higher priced homes
- East Chatham, NY: higher priced homes
- East Nassau, NY: less expensive homes
- Stephentown, NY: less expensive homes
- Richmond, MA: higher priced homes
- Old Chatham, NY: higher priced homes
- Pittsfield, MA: less expensive homes
Cities with Similar Populations
- Blackduck, MN: less expensive homes
- Cherry Valley, AR: less expensive homes
- Chazy, NY: less expensive homes
- Charlestown, MD: higher priced homes
- Canadensis, PA: higher priced homes
- Brokaw, WI: equally priced homes
- Brighton, MO: less expensive homes
- Bridgeport, NE: less expensive homes
- Braddock, PA: less expensive homes
- Chesilhurst, NJ: less expensive homes
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