Similar to its surrounding areas, it's similar compared to the nation as a whole. However it's substantially more expensive compared to the city of Clarksville.
Home prices
The median home in Lebanon is valued at $223,600. It is is very similar compared to other places in this area.It is about $6,100 (2%) higher compared to the country as a whole, and in comparison to the city of Clarksville it is about $69,300 (44%) higher.
Rents
The median rent in Lebanon is $910 per month. Compared to other places in this area this is roughly $208 (18%) lower.It is approximately $152 (14%) lower compared to the country as a whole, and compared to the city of Clarksville is roughly $51 (5%) lower.
Nearby places
Mount Juliet
Mount Juliet is Lebanon's neighbor to the west. Its real estate prices are somewhat more expensive. The median home value in Mount Juliet is $274,800, which comes out to $51,200 (18%) higher than Lebanon. Rents there are significantly more expensive. The median monthly rent in Mount Juliet is $1,424, which is $514 (36%) higher than Lebanon.
Green Hill
Green Hill is about 11 miles west of Lebanon. Its real estate prices are a bit more expensive. The price of the median home in Green Hill is $242,100, which comes out to $18,500 (7%) higher than Lebanon. Its rents are somewhat more expensive. In Green Hill the median monthly rent is $1,179, which comes out to $269 (22%) higher than Lebanon.
Watertown
Watertown is about 12 miles southeast from Lebanon. Its real estate prices are a lot less expensive. The value of the median home in Watertown is $119,600, which comes out to $104,000 (86%) lower than Lebanon. The rent there is a little less expensive. Watertown's median rent is $850 a month, which is $60 (7%) lower than Lebanon.
Gallatin
Gallatin is approximately 13 miles northwest from Lebanon. Its housing prices are pretty similar. The median home cost in Gallatin is $222,800, which is very similar to Lebanon. Its rents are a little more expensive. Gallatin's median monthly rent is $962, which comes out to $52 (5%) higher than Lebanon.
Hendersonville
Hendersonville is approximately 14 miles northwest of Lebanon. Real estate prices there are somewhat more expensive. The median home price in Hendersonville is $266,100, which works out to $42,500 (15%) higher than Lebanon. Rents there are somewhat more expensive. The median rent in Hendersonville is $1,173 a month, which works out to $263 (22%) higher than Lebanon.