Lebanon, TN Real Estate

According to census data in the year 2000 there were 8,749 housing units in Lebanon. This represents a 32.7% growth from 6,592 in 1990.

Of those housing units, 8,243 were located in either urbanized areas or urban clusters, and 506 were located in what is classified as a rural area.

Homeownership rate in Lebanon is about 60.2%. Lebanon's vacancy rate, including seasonal lodging, is about 8.2%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Lebanon were built after 1974.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom10.60%
Two Bedrooms31.40%
Three Bedrooms43.60%
Four Bedrooms10.30%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1973
Median Value of occupied units$119,200
Median Price asked for vacant units$97,900

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1974
Median Monthly Rent asked for vacant units$463

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.70%
Home Equity Loan4.50%
Simple Mortgage49.10%
Debt Free37.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%