All Countries
Lebanon, IN
Full City Profile · Indiana · Boone County County
3.3
/5.0
B
Good
17,575
Population
1,015/sq mi density
$63,773
Median Income
$32,068 per capita
$179,200
Home Value
$291,355 Zillow
$900
Median Rent
24.5% income on rent
51°F
Avg Temperature
275 sunny days/yr
515
Violent Crime/100K
2,783 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$63,773 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$179,200 home value, $900/mo rent
F
Safety
1.0 / 5.0
515 violent crimes/100K (35% above avg)
C+
Education
2.8 / 5.0
22.9% bachelor's degree or higher
Housing Overview
Median Home Value
$179,200
36% below
US avg: $281,900
Median Rent
$900/mo
23% below
US avg: $1,163/mo
Homeownership Rate
68.9%
5% above US avg (65.4%)
Total Housing Units
7,401
Median year built: 1976
Home Value by Source
Census Median
$179,200
Zillow (ZHVI)
$291,355
Median Sale Price
$284,387
Median List Price
$275,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.9%
Owner-Occupied
31.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$900/mo
· Zillow rent:
$1,667/mo
Market Indicators (Redfin)
Median Days on Market
53 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
14
Price Drops
34.8%
of listings with price reduction
Price Per Sq Ft
$158
Active Inventory
46
homes for sale
Affordability & Housing Stock
Rent Burden
24.5%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
68.9%
Complete Housing Data
Home Values
| Census Median Value | $179,200 |
| Zillow Home Value (ZHVI) | $291,355 |
| Median Sale Price | $284,387 |
| Median List Price | $275,000 |
| Price Per Sq Ft | $158 |
Rent
| Census Median Rent | $900 |
| Zillow Rent (ZORI) | $1,667 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 53 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 34.8% |
| Homes Sold | 14 |
| Active Inventory | 46 |
| Price Per Sq Ft | $158 |
Ownership & Stock
| Owner-Occupied | 68.9% |
| Renter-Occupied | 31.1% |
| Homeownership Rate | 68.9% |
| Total Housing Units | 7,401 |
| Median Year Built | 1976 |
| Rent Burden | 24.5% |