Home prices
The price of the median home in Lebanon is $124,500. Compared to other places in this area it is about $62,520 (33%) lower.It is approximately $93,000 (42%) lower in comparison to the United States as a whole, and is about $76,200 (37%) lower in comparison to the city of Bloomington.
Rents
In Lebanon the median rent is $787 a month. This is about $258 (24%) lower in comparison to its nearby areas.In comparison to the entire country it is approximately $275 (25%) lower, and in comparison to the city of Bloomington it is about $130 (14%) lower.
Nearby places
Whitestown
Whitestown is Lebanon's neighbor to the southeast. Real estate prices there are substantially more expensive. The median home in Whitestown costs $225,000, which comes out to $100,500 (44%) higher than Lebanon. Rent there is substantially more expensive. The median rent in Whitestown is $1,317 per month, which is $530 (40%) higher than Lebanon.
Zionsville
Zionsville is Lebanon's neighbor to the southeast. Housing prices there are a lot more expensive. The median home in Zionsville costs $385,700, which is $261,200 (67%) higher than Lebanon. Its rents are significantly more expensive. Zionsville's median monthly rent is $1,305, which works out to $518 (39%) higher than Lebanon.
Advance
Advance is roughly 7 miles west from Lebanon. Real estate prices there are a little less expensive. The median home in Advance costs $98,800, which comes out to $25,700 (26%) lower than Lebanon. Rents there are a bit more expensive. Advance's median monthly rent is $888, which works out to $101 (11%) higher than Lebanon.
Thorntown
Thorntown is about 9 miles northwest of Lebanon. Housing prices there are a bit less expensive. The median home in Thorntown is valued at $106,800, which is $17,700 (16%) lower than Lebanon. The rent there is pretty similar. Thorntown's median monthly rent is $791, which is very similar to Lebanon.
Jamestown
Jamestown is roughly 10 miles southwest of Lebanon. Housing prices there are fairly similar. The cost of the median home in Jamestown is $118,800, which is $5,700 (4%) lower than Lebanon. Rent there is a little more expensive. Jamestown's median rent is $923 per month, which is $136 (14%) higher than Lebanon.
