Lebanon, OR Real Estate
According to census data in the year 2000 there were 5,484 housing units in Lebanon.
This represents a 20.4% growth from 4,554 in 1990.
Of those housing units, 5,437 were located in either urbanized areas or urban clusters, and 47 were located in what is classified as a rural area.
Homeownership rate in Lebanon is about 61.5%.
Lebanon's vacancy rate, including seasonal lodging, is about 7.6%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Lebanon were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.70% |
| One Bedroom | 11.70% |
| Two Bedrooms | 30.90% |
| Three Bedrooms | 44.30% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $110,500 |
| Median Price asked for vacant units | $91,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $454 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9.80% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 53.30% |
| Debt Free | 31.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.2% |
