Lebanon, IL Real Estate

According to census data in the year 2000 there were 1,386 housing units in Lebanon. This represents a 4.4% decline from 1,450 in 1990.

Of those housing units, 1,370 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.

Homeownership rate in Lebanon is about 64.3%. Lebanon's vacancy rate, including seasonal lodging, is about 9.4%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Lebanon were built after 1959.


Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom16.50%
Two Bedrooms28.70%
Three Bedrooms34.50%
Four Bedrooms16.20%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1956
Median Value of occupied units$83,100
Median Price asked for vacant units$92,500

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1969
Median Monthly Rent asked for vacant units$213

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.40%
Home Equity Loan2.90%
Simple Mortgage48.70%
Debt Free39%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%