Home prices
The median home in Lebanon is valued at $27,000. This is approximately $23,320 (46%) lower compared to nearby areas.Compared to the entire nation it is roughly $190,500 (87%) lower, and compared to the city of Grand Island it is roughly $113,800 (80%) lower.
Rents
The median rent in Lebanon is $788 a month. In comparison to the surrounding areas it is roughly $319 (68%) higher.In comparison to the country as a whole it is roughly $274 (25%) lower, and it is roughly $21 (2%) higher in comparison to the city of Grand Island.
Nearby places
Esbon
Esbon is roughly 5 miles east from Lebanon. Its housing prices are a bit more expensive. The median home value in Esbon is $37,500, which works out to $10,500 (28%) higher than Lebanon. Rent there is pretty similar. Esbon's median monthly rent is $775, which works out to $13 (1%) lower than Lebanon.
Smith Center
Smith Center is roughly 10 miles west from Lebanon. Housing prices there are significantly more expensive. Smith Center's median home price is $64,700, which comes out to $37,700 (58%) higher than Lebanon. Its rents are significantly less expensive. In Smith Center the median rent is $487 a month, which comes out to $301 (61%) lower than Lebanon.
Mankato
Mankato is about 16 miles east from Lebanon. Housing prices there are a lot more expensive. The median home cost in Mankato is $63,200, which works out to $36,200 (57%) higher than Lebanon. Rents there are significantly less expensive. Mankato's median rent is $552 a month, which works out to $236 (42%) lower than Lebanon.
Gaylord
Gaylord is approximately 17 miles southwest from Lebanon. Its real estate prices are a bit more expensive. The median home value in Gaylord is $35,000, which is $8,000 (22%) higher than Lebanon. The rent there is a lot less expensive. The median rent in Gaylord is $185 a month, which works out to $603 (325%) lower than Lebanon.
Red Cloud
Red Cloud is approximately 18 miles north of Lebanon. The real estate prices there are a lot more expensive. Red Cloud's median home cost is $51,200, which comes out to $24,200 (47%) higher than Lebanon. The rent there is significantly less expensive. In Red Cloud the median monthly rent is $344, which is $444 (129%) lower than Lebanon.
