Lebanon, IN Real Estate

According to census data in the year 2000 there were 6,183 housing units in Lebanon. This represents a 25.9% growth from 4,910 in 1990.

Of those housing units, 6,157 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.

Homeownership rate in Lebanon is about 66.8%. Lebanon's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Lebanon were built after 1968.


Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom16.60%
Two Bedrooms31.40%
Three Bedrooms39.90%
Four Bedrooms10.20%
Five Bedrooms or more1%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1967
Median Value of occupied units$90,900
Median Price asked for vacant units$98,100

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1969
Median Monthly Rent asked for vacant units$459

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage8.80%
Home Equity Loan6.10%
Simple Mortgage58.40%
Debt Free26.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%