Home prices
The median home price in Lebanon is $119,900. It is roughly $45,700 (27%) lower compared to nearby areas.Compared to the United States as a whole it is about $97,600 (44%) lower, and in comparison to the city of St. Louis it is about $18,800 (13%) lower.
Rents
The median rent in Lebanon is $840 per month. It is approximately $74 (8%) lower compared to other places in this area.It is approximately $222 (20%) lower compared to the United States as a whole, and compared to the city of St. Louis it is about $12 (1%) higher.
Nearby places
Summerfield
Summerfield is about 2 miles east of Lebanon. The housing prices there are a lot less expensive. The cost of the median home in Summerfield is $83,000, which works out to $36,900 (44%) lower than Lebanon. Rents there are fairly similar. The median monthly rent in Summerfield is $840, which is very similar to Lebanon.
O'Fallon
O'Fallon is roughly 4 miles west from Lebanon. Real estate prices there are significantly more expensive. The median home in O'Fallon costs $207,900, which comes out to $88,000 (42%) higher than Lebanon. Rent there is a little more expensive. In O'Fallon the median monthly rent is $1,066, which works out to $226 (21%) higher than Lebanon.
Mascoutah
Mascoutah is approximately 5 miles south of Lebanon. Its real estate prices are a little more expensive. The value of the median home in Mascoutah is $173,200, which is $53,300 (30%) higher than Lebanon. Rents there are somewhat more expensive. In Mascoutah the median monthly rent is $993, which is $153 (15%) higher than Lebanon.
Shiloh
Shiloh is roughly 5 miles southwest of Lebanon. Its housing prices are significantly more expensive. The value of the median home in Shiloh is $220,500, which works out to $100,600 (45%) higher than Lebanon. Rents there are somewhat more expensive. Shiloh's median monthly rent is $945, which is $105 (11%) higher than Lebanon.
Trenton
Trenton is about 5 miles east from Lebanon. The real estate prices there are a little more expensive. The median home in Trenton is valued at $143,400, which works out to $23,500 (16%) higher than Lebanon. The rent there is somewhat less expensive. Trenton's median rent is $724 per month, which comes out to $116 (16%) lower than Lebanon.
