Similar to its surrounding areas, it is substantially less expensive compared to the country as a whole. However compared to the city of Cleveland, it's a bit more expensive.
Home prices
The median home in Lisbon is valued at $85,700. In comparison to its surrounding areas this is roughly $1,060 (1%) lower.In comparison to the entire country it is approximately $131,800 (60%) lower, and is roughly $16,100 (23%) higher compared to the city of Cleveland.
Rents
Lisbon's median monthly rent is $697. In comparison to the surrounding areas it is roughly $15 (2%) lower.Compared to the entire nation it is approximately $365 (34%) lower, and in comparison to the city of Cleveland it is approximately $22 (3%) lower.
Nearby places
Rogers
Rogers is about 6 miles east of Lisbon. Its real estate prices are a little less expensive. The median home in Rogers costs $71,500, which is $14,200 (19%) lower than Lisbon. The rent there is a little more expensive. Rogers's median monthly rent is $857, which is $160 (18%) higher than Lisbon.
Leetonia
Leetonia is about 6 miles north from Lisbon. The housing prices there are fairly similar. Leetonia's median home value is $83,400, which is $2,300 (2%) lower than Lisbon. The rent there is somewhat more expensive. The median rent in Leetonia is $837 per month, which is $140 (16%) higher than Lisbon.
Hanoverton
Hanoverton is approximately 7 miles west of Lisbon. The housing prices there are somewhat more expensive. The median home in Hanoverton costs $106,800, which works out to $21,100 (19%) higher than Lisbon. Rent there is pretty similar. Hanoverton's median monthly rent is $667, which works out to $30 (4%) lower than Lisbon.
New Waterford
New Waterford is approximately 8 miles northeast of Lisbon. The housing prices there are a bit more expensive. The median home in New Waterford costs $93,800, which is $8,100 (8%) higher than Lisbon. The rent there is a lot less expensive. In New Waterford the median rent is $525 per month, which works out to $172 (32%) lower than Lisbon.
Washingtonville
Washingtonville is roughly 8 miles north of Lisbon. The real estate prices there are a bit less expensive. The median home in Washingtonville is valued at $78,300, which works out to $7,400 (9%) lower than Lisbon. Rents there are similar. The median rent in Washingtonville is $675 per month, which works out to $22 (3%) lower than Lisbon.