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City · 14,999 residents · Grafton County, New Hampshire

Lebanon , New Hampshire

In Lebanon, a typical home is worth $385,400 and typical rent is $1,744 a month. Compared with all of Grafton County, typical rent is 34% higher, the typical home value is 12% higher, and the share of households that own their home is 20 points lower.

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  • Typical home value

    $385,400

    12% above the county

    4% below New Hampshire

    • Lebanon
    • Grafton
    • New Hampshire

  • Typical rent

    $1,744a month

    34% above the county

    17% above New Hampshire

    • Lebanon
    • Grafton
    • New Hampshire

  • Typical household income

    $98,147a year

    11% above the county

    About the same as New Hampshire

    • Lebanon
    • Grafton
    • New Hampshire

  • Households that own their home

    51%

    20 points below the county

    22 points below New Hampshire

    • Lebanon
    • Grafton
    • New Hampshire

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$460,041
3.3% more than 12 months ago
Typical rent
$2,487 a month
3.1% less than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Lebanon is in Grafton 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 Grafton County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Lebanon apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Claremont, the typical home value is $204,600: 47% less than in Lebanon ($385,400).

  2. 51% of households in Lebanon own their home, against 71% in Grafton County.

  3. Nearby, in Franklin, the typical rent is $1,110: 36% less than in Lebanon ($1,744).

  4. The typical rent in Lebanon is $1,744 a month, 34% more than in Grafton County as a whole ($1,301).

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

In Lebanon there is a bit of everything: no kind of home reaches half. The most common are detached houses (39%); in Grafton County, 61%.

Year built

By age, homes in Lebanon look like those in Grafton County: the typical year built is 1980.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,423 a month

Grafton County: $2,070 a month

Without a mortgage

$1,214 a month

Grafton County: $939 a month

Owners with a mortgage

61%

Grafton County: 52%

The typical cost for an owner with a mortgage in Lebanon is $2,423 a month, more than in Grafton County ($2,070); without one, $1,214.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, home values in Lebanon rose at about the same pace as in Grafton County: 57% against 56%.

The typical rent in Lebanon rose 59% over the same time; in Grafton County, it rose 37%.

Here income did not keep up with housing: it rose 45%, while home values changed +57% and rent +59%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureLebanonGrafton CountyNew HampshireUnited States
Rental vacancy Unreliable estimate4.8%4.0%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.4%0.9%
More than one person per room Unreliable estimate0.9%1.4%3.4%
People per household 2.122.292.442.53
Drive alone 63%67%72%69%
Carpool 8%9%7%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate5%3%3%
Work from home 23%17%17%15%
Other means Unreliable estimate2%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Lebanon has 2.12 people, fewer than in Grafton County (2.29).

In Lebanon, 23% of workers work from home, more than in Grafton County (17%).

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Lebanon?

A typical home costs more than the typical income allows

We start with a typical home in Lebanon, worth $385,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 44% of the typical household income in Lebanon, which is $98,147 a year. For that payment to be 28% of income, a household would need to earn about $153,096 a year.

The calculator's FHA and conventional loan limits are those of all of Grafton County.

Your numbers

Local data
$

Starts at the typical home value in Lebanon. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $13,489 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,572

at 7.18% · 30 years

Loan amount
$378,419
Total interest
$544,457
Paid off in
November 2056

Includes $6,508 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,290 a month

  • Tight

    $2,290 to $2,944 a month

  • Hard

    more than $2,944 a month

    Your payment · 44%

Compared with the typical household income in Lebanon ($98,147 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,572
Principal & interest$2,564
Property tax$678
Home insurance$161
FHA mortgage insurance (MIP)$170

You need at least $13,489 for the down payment, plus closing costs.

Next step

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.

The city and its county

Lebanon and Grafton County

Lebanon is in Grafton County, New Hampshire. 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's own numbers

Typical home value
$385,400
Typical monthly rent
$1,744
Typical yearly household income
$98,147
Households that own their home
51%
Effective property tax rate
2.11%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Grafton County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,719
Price change over 5 years (FHFA)
+80%
Homes in a high flood-risk zone
4.2%

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 Grafton County.

Everything about Grafton County

Buying

Buying a home in Lebanon

A typical home in Lebanon is worth $385,400: 12% above the county and 4% below New Hampshire. With the typical household income in Lebanon ($98,147 a year), a typical home costs 3.9 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.

  • Lebanon 3.9 years
  • Grafton 3.9 years
  • New Hampshire 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Grafton County

According to FHFA’s house price index, home prices in Grafton County rose 120% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Grafton County.

Period County New Hampshire U.S.
Last year (2025) +6.8% +4.7% +2.9%
5 years (2020–2025) +80% +66% +47%
10 years (2015–2025) +120% +113% +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 Grafton County, New Hampshire and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Lebanon $385,400
  • Grafton $344,500
  • New Hampshire $402,500
  • United States $332,700
Typical monthly rent
  • Lebanon $1,744
  • Grafton $1,301
  • New Hampshire $1,491
  • United States $1,413
Typical yearly household income
  • Lebanon $98,147
  • Grafton $88,261
  • New Hampshire $99,031
  • United States $80,734
See the full table
Lebanon next to Grafton County and New Hampshire
Measure Lebanon Grafton County New Hampshire U.S.
Typical home value $385,400 $344,500 $402,500 $332,700
Typical monthly rent $1,744 $1,301 $1,491 $1,413
Typical yearly household income $98,147 $88,261 $99,031 $80,734
Households that own their home 51% 71% 73% 65%
Typical yearly property tax $8,149 $5,925 $6,667 $3,119
Effective property tax rate 2.11% 1.72% 1.66% 0.94%
Renters with high rent for their income 42% 45% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Grafton 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 $385,400 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 $3,572a month

    Least cash to close
    Down payment
    $13,489
    Cash to close
    $25,051
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $170

  • Conventional, 5% down $3,502a month

    Down payment
    $19,270
    Cash to close
    $30,832
    Rate
    7.18%
    Mortgage insurance
    PMI · $183

  • Conventional, 20% down, no PMI $2,927a month

    Down payment
    $77,080
    Cash to close
    $88,642
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,283a month

    Down payment
    $57,810
    Cash to close
    $69,372
    Rate
    8.18%
    Mortgage insurance
    None

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.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Lebanon and for Grafton County.

Property tax

Effective rate in Lebanon

2.11%of the home’s value each year

$8,149 a year for the typical owner in Lebanon.

  • Lebanon 2.11%
  • Grafton 1.72%
  • New Hampshire 1.66%

What New Hampshire publishes Deadline to apply for exemptions and credits: April 15 (New Hampshire General Court (Revised Statutes Annotated))

Exemptions and deadlines in New Hampshire

Flood risk in Grafton County

FEMA does not publish these numbers by city: they are for all of Grafton County.

Homes in the high-risk zone
4.2%
1,250
Of those, with NFIP insurance
18%
County New Hampshire U.S.
Homes in the high-risk zone 4.2% 2.8% 3.5%
Of those, with NFIP insurance 18% 26% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Lebanon

Typical rent in Lebanon is $1,744 a month: 34% above the county. In Lebanon, 42% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Grafton County, by unit size. To pay the 2-bedroom one ($1,719 a month) without spending more than 30% of your income, you would need to earn $33.06 an hour working full time.

HUD fair market rent for all of Grafton County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,301 $25.02 $52,040
1 bedroom $1,310 $25.19 $52,400
2 bedrooms $1,719 $33.06 $68,760
3 bedrooms $2,331 $44.83 $93,240
4 bedrooms $2,367 $45.52 $94,680

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 has 2 ZIP codes with their own.

For 2 bedrooms it runs from $2,110 in 03784 to $2,390 in 03766.

2 of the 2 are above the fair market rent for Grafton County ($1,719).

  • 03766 $2,390$3,240
  • 03784 $2,110$2,860

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 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Lebanon

HUD lists 7 buildings with rents for lower incomes in Lebanon. These are the largest.

  • Lebanon Housing Authority 39 N Park St, Lebanon 03766 166 low-income homes · Run by Lebanon Housing Authority · Average payment: $540 a month · Average wait: 24 months (603) 298-5753
  • Rivermere Community Housing 22 Tannery Ln, Lebanon 21 low-income homes · 2 bd: 21 · In service since 2013 · For families
  • Spencer Square 2 Spencer St, Lebanon 20 low-income homes · 1 bd: 4 · 2 bd: 12 · 3 bd: 4 · In service since 2000
  • Upper Valley Supportive Housing 420 Mount Support Rd, Lebanon 20 low-income homes · 1 bd: 9 · 2 bd: 7 · 3 bd: 4 · In service since 2003 · For families
  • Heater Landing 258 Heater Rd, Lebanon 03766 46 homes, 4 low-income (603) 298-5753

See all 58 buildings in Grafton County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Lebanon

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.

There is 1 HUD-approved agency with an office in Grafton County; none says it serves in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Lebanon

No down payment, repair or rent-help program on our list is for Lebanon or Grafton County. The ones below are statewide in New Hampshire: they work in Lebanon the same as in the rest of the state.

Which programs do I qualify for? All programs in New Hampshire

  • New Hampshire Housing Cash Downpayment Assistance

    Statewide in New Hampshire

    New Hampshire state agency cash assistance of $5,000, $10,000 or $15,000 for the down payment with an NH Housing mortgage; open to any buyer who qualifies, not only first-time buyers. Offered by New Hampshire Housing.

    Type not stated

    See the program Official page

  • 1stGenHomeNH

    Statewide in New Hampshire

    Limited funds remain, per the source

    New Hampshire state agency help of $10,000 for the down payment, closing costs and the escrow account, as a second mortgage with no interest or payments, repaid when you sell, refinance or leave the home; for first-generation buyers, people who were in foster care, or refugees or asylees. Offered by New Hampshire Housing.

    Deferred

    See the program Official page

Housing counselors near Lebanon

The HUD-approved agencies closest to the center of Lebanon, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Affordable Housing, Education and Development, Inc. (AHEAD)

    262 Cottage St Ste 130, Littleton · 52 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (603) 444-1377

  • Neighborworks of Southern New Hampshire

    801 Elm St, Manchester · 60 miles away

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 5 more
    (603) 626-4663

  • New Hampshire Housing Finance Authority

    32 Constitution Dr, Bedford · 60 miles away · Spanish

    Also serves in other languages.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (603) 310-9287

Every agency in Grafton County All counseling agencies in New Hampshire

Help in Spanish near Lebanon

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Lebanon

HUD’s record names them for Lebanon or Grafton County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Lebanon Housing Authority Public housing and Section 8 vouchers (603) 298-5753

All housing agencies in New Hampshire Source: HUD

Cities

Other cities in Grafton County

These cities are also in Grafton County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Grafton County Housing in New Hampshire

Nearby cities

The cities closest to Lebanon, with the typical home value.

Neighboring counties

If Grafton County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Lebanon.

All guides
A father, a mother and their daughter smile among the avocado trees by their home in Somis, California.

Questions

Housing questions about Lebanon

Short answers with the numbers for Lebanon and all of Grafton 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 $385,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Grafton County it is $344,500.

How much does it cost to rent in Lebanon?

Typical rent in Lebanon is $1,744 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Grafton County is $1,719.

What is the FHA loan limit in Lebanon?

Lebanon uses the FHA limit for all of Grafton 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 $8,149 a year, according to the U.S. Census Bureau. That is 2.11% of the home’s value; in Grafton County, the rate is 1.72%.

Where can I find free help to buy or rent in Lebanon?

There is 1 HUD-approved counseling agency with an office in Grafton County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).