In Lebanon, a typical home is worth $149,700 and typical rent is $701 a month. Compared with all of Marion County, typical household income is 24% lower, the typical home value is 11% lower, and the share of households that own their home is 21 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $164,967 to $226,576.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Lebanon is in Marion County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Marion County. See the county
What this place has that others do not, from public data, most unusual first.
1
56% of households in Lebanon own their home, against 78% in Marion County.
2
The typical household income in Lebanon is $45,479,24% less than in Marion County as a whole ($59,627).
3
Lebanon has the 8th lowest typical rent of the 85 cities in Kentucky with more than 5,000 people ($701).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Lebanon
What homes there are in Lebanon, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Lebanon
Marion County
Kentucky
United States
Kind of home: Lebanon and its comparisons
Measure
Lebanon
Marion County
Kentucky
United States
Detached house
66%
74%
68%
61%
Attached house
Unreliable estimate
Unreliable estimate
3%
6%
Building of 2 to 4
Unreliable estimate
6%
7%
8%
Apartments (5 or more)
Unreliable estimate
Unreliable estimate
12%
19%
Mobile home
Unreliable estimate
14%
11%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Lebanon (66%), but less so than in Marion County (74%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Lebanon
Marion County
Kentucky
United States
Year built: Lebanon and its comparisons
Measure
Lebanon
Marion County
Kentucky
United States
Before 1960
32%
21%
22%
26%
1960–1979
30%
25%
26%
24%
1980–1999
19%
28%
28%
25%
2000–2009
Unreliable estimate
13%
15%
14%
2010 or later
14%
14%
11%
11%
In Lebanon, half of the homes were built before 1971; in Marion County, before 1984.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K50%
$200K–$300KUnreliable
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Lebanon and its comparisons
Measure
Lebanon
Under $100K
Unreliable estimate
$100K–$200K
50%
$200K–$300K
Unreliable estimate
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99961%
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Lebanon and its comparisons
Measure
Lebanon
Under $500
Unreliable estimate
$500–$999
61%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,196 a month
Marion County: $1,243 a month
Without a mortgage
$345 a month
Marion County: $415 a month
Owners with a mortgage
65%
Marion County: 53%
In Lebanon, 65% of owners have a mortgage; their typical cost is $1,196 a month, about the same as in Marion County.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Lebanon+62%
Marion County+60%
Kentucky+46%
United States+53%
Typical rent
LebanonNo clear change
Marion County+15%
Kentucky+27%
United States+33%
Typical household income
Lebanon+51%
Marion County+49%
Kentucky+26%
United States+29%
Change since 2015–2019: Lebanon and its comparisons
Measure
Lebanon
Marion County
Kentucky
United States
Typical home value
+62%
+60%
+46%
+53%
Typical rent
No clear change
+15%
+27%
+33%
Typical household income
+51%
+49%
+26%
+29%
Much as in Marion County, the typical home value in Lebanon rose 62% since 2015–2019.
Rent in Lebanon moved so little since 2015–2019 that the Census cannot say whether it rose or fell.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Lebanon and its comparisons
Measure
Lebanon
Marion County
Kentucky
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
4.6%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.9%
0.9%
More than one person per room
Unreliable estimate
Unreliable estimate
2.0%
3.4%
People per household
2.25
2.45
2.43
2.53
Drive alone
83%
85%
77%
69%
Carpool
Unreliable estimate
10%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
2%
3%
Work from home
Unreliable estimate
Unreliable estimate
10%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Households in Lebanon are smaller: 2.25 people on average; in Marion County, 2.45.
To get to work, 83% of workers in Lebanon drive alone; in Marion County, 85%.
Do the math
What would you pay each month for a home in Lebanon?
A typical home is tight for the typical income
We start with a typical home in Lebanon, worth $149,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 32% of the typical household income in Lebanon, which is $45,479 a year. For that payment to be 28% of income, a household would need to earn about $52,356 a year.
The calculator's FHA and conventional loan limits are those of all of Marion County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Lebanon. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $5,240 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,222
at 7.18% · 30 years
Loan amount
$146,988
Total interest
$211,481
Paid off in
November 2056
Includes $2,528 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,061 a month
Tight
$1,061 to $1,364 a month
Your payment · 32%
Hard
more than $1,364 a month
Compared with the typical household income in Lebanon ($45,479 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$996
Property tax
$97
Home insurance
$62
FHA mortgage insurance (MIP)
$66
You need at least $5,240 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,222; principal and interest $996.
The city and its county
Lebanon and Marion County
Lebanon is in Marion County, Kentucky. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Lebanon
Map of Marion County, Kentucky, with Lebanon marked. Around it, the neighboring counties.
Lebanon
Marion County
Lebanon's own numbers
Typical home value
$149,700
Typical monthly rent
$701
Typical yearly household income
$45,479
Households that own their home
56%
Effective property tax rate
0.78%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Marion County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$909
Price change over 5 years (FHFA)
+76%
Homes in a high flood-risk zone
2.2%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Marion County.
A typical home in Lebanon is worth $149,700: 11% below the county and 27% below Kentucky. With the typical household income in Lebanon ($45,479 a year), a typical home costs 3.3 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Lebanon3.3 years
Marion2.8 years
Kentucky3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Marion County
According to FHFA’s house price index, home prices in Marion County rose 109% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Marion County.
Yearly change in FHFA’s price index in Marion County, 2016 to 2025
2016: +1.5% +1.5% 2016
2017: +6.2% +6.2% 2017
2018: +1.5% +1.5% 2018
2019: +8.6% +8.6% 2019
2020: −0.1% −0.1% 2020
2021: +11.0% +11.0% 2021
2022: +12.4% +12.4% 2022
2023: +2.5% +2.5% 2023
2024: +16.0% +16.0% 2024
2025: +18.6% +18.6% 2025
Change in FHFA’s price index in Marion County, Kentucky and the United States
Period
County
Kentucky
U.S.
Last year (2025)
+18.6%
+3.9%
+2.9%
5 years (2020–2025)
+76%
+50%
+47%
10 years (2015–2025)
+109%
+84%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Lebanon next to Marion County, Kentucky and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Lebanon$149,700
Marion$168,100
Kentucky$205,600
United States$332,700
Typical monthly rent
Lebanon$701
Marion$726
Kentucky$967
United States$1,413
Typical yearly household income
Lebanon$45,479
Marion$59,627
Kentucky$63,726
United States$80,734
See the full table
Lebanon next to Marion County and Kentucky
Measure
Lebanon
Marion County
Kentucky
U.S.
Typical home value
$149,700 ▼11% below the county
$168,100
$205,600
$332,700
Typical monthly rent
$701 ▼3% below the county
$726
$967
$1,413
Typical yearly household income
$45,479 ▼24% below the county
$59,627
$63,726
$80,734
Households that own their home
56% ▼21 points below the county
78%
68%
65%
Typical yearly property tax
$1,173
$1,157
$1,544
$3,119
Effective property tax rate
0.78% ▲0.09 points above the county
0.69%
0.75%
0.94%
Renters with high rent for their income
45% ▲5 points above the county
40%
45%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Marion County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Lebanon
For a typical $149,700 home in Lebanon, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lebanon's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,222a month
Least cash to close
Down payment
$5,240
Cash to close
$9,731
Rate
7.18%
Mortgage insurance
FHA MIP · $66
Conventional, 5% down$1,194a month
Down payment
$7,485
Cash to close
$11,976
Rate
7.18%
Mortgage insurance
PMI · $71
Conventional, 20% down, no PMI$971a month
Down payment
$29,940
Cash to close
$34,431
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,109a month
Down payment
$22,455
Cash to close
$26,946
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Lebanon
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,222
$5,240
$146,989
7.18%
FHA MIP · $66
$9,731
580
Conventional, 5% down
$1,194
$7,485
$142,215
7.18%
PMI · $71
$11,976
620*
Conventional, 20% down, no PMI
$971
$29,940
$119,760
7.18%
None
$34,431
620*
ITIN, 15% down (example)
$1,109
$22,455
$127,245
8.18%
None
$26,946
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Lebanon is $701 a month: 3% below the county. In Lebanon, 45% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Marion County, by unit size. To pay the 2-bedroom one ($909 a month) without spending more than 30% of your income, you would need to earn $17.48 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Marion County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$650
$12.50
$26,000
1 bedroom
$736
$14.15
$29,440
2 bedrooms
$909
$17.48
$36,360
3 bedrooms
$1,139
$21.90
$45,560
4 bedrooms
$1,482
$28.50
$59,280
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Lebanon
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lebanon is in ZIP code 40033.
For 2 bedrooms it is $930: $21 more than the fair market rent for Marion County ($909).
Fair market rent by ZIP code and size in Lebanon, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
40033
$660
$750
$930
$1,170
$1,520
ZIP code2 bd3 bd
40033 $930$1,170
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Lebanon when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 5 buildings with rents for lower incomes in Lebanon. These are the largest.
Hamilton-Warren-Memory L110 Hardin Pl, Lebanon 40033108 homes, 106 low-income · Run by Housing Authority of Lebanon · Average payment: $347 a month · Average wait: 35 months · Homes at several sites(270) 692-3481
Hamilton-Warren-Memory L201 Cleaver Ct, Lebanon 40033104 low-income homes · Run by Housing Authority of Lebanon · Average payment: $308 a month · Average wait: 16 months · Homes at several sites(270) 692-3481
Maple Street Apts555 Maple St, Lebanon 4003356 low-income homes · For families(270) 692-6683
Marion Centennial Apts560 Maple St Ofc 60, Lebanon 4003328 low-income homes · For older adults(270) 692-6138
Lincoln View Housing101 W Walnut St, Lebanon 4003316 low-income homes · For older adults(270) 692-3481
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Marion County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Lebanon or Marion County. The ones below are statewide in Kentucky: they work in Lebanon the same as in the rest of the state.
Kentucky state corporation loan of up to $12,500 for the down payment and closing costs, repaid over 15 years as a second loan, for buyers who take a KHC mortgage.Offered by Kentucky Housing Corporation (KHC).
No legal help resource on our list is for Lebanon or Marion County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Lebanon and all of Marion County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Lebanon?
The typical home value in Lebanon is $149,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Marion County it is $168,100.
How much does it cost to rent in Lebanon?
Typical rent in Lebanon is $701 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Marion County is $909.
What is the FHA loan limit in Lebanon?
Lebanon uses the FHA limit for all of Marion County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Lebanon?
The typical homeowner in Lebanon pays $1,173 a year, according to the U.S. Census Bureau. That is 0.78% of the home’s value; in Marion County, the rate is 0.69%.
Where can I find free help to buy or rent in Lebanon?
We found no HUD-approved counseling agencies with an office in Marion County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
