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Lebanon, OH

Full City Profile · Ohio · Warren County County

3.4 /5.0
B Good
21,216 Population 1,576/sq mi density
$78,598 Median Income $37,275 per capita
$257,100 Home Value $391,511 Zillow
$1,067 Median Rent 26.1% income on rent
54°F Avg Temperature 297 sunny days/yr
88 Violent Crime/100K 2,208 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$78,598 median income, 1.3% unemployment
A+
Affordability
4.8 / 5.0
$257,100 home value, $1,067/mo rent
F
Safety
1.0 / 5.0
88 violent crimes/100K
B
Education
3.3 / 5.0
28.7% bachelor's degree or higher

Housing Overview

Median Home Value
$257,100
9% below
US avg: $281,900
Median Rent
$1,067/mo
8% below
US avg: $1,163/mo
Homeownership Rate
62.9%
4% below US avg (65.4%)
Total Housing Units
8,578
Median year built: 1986

Home Value by Source

Census Median
$257,100
Zillow (ZHVI)
$391,511
Median Sale Price
$345,000
Median List Price
$349,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.9%
Owner-Occupied
37.1%
Renter-Occupied
63%
37%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $1,067/mo · Zillow rent: $2,012/mo

Market Indicators (Redfin)

Median Days on Market
74 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
23
Price Drops
27.3%
of listings with price reduction
Price Per Sq Ft
$173
Active Inventory
44
homes for sale

Affordability & Housing Stock

Rent Burden
26.1%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
62.9%

Complete Housing Data

Home Values

Census Median Value$257,100
Zillow Home Value (ZHVI)$391,511
Median Sale Price$345,000
Median List Price$349,900
Price Per Sq Ft$173

Rent

Census Median Rent$1,067
Zillow Rent (ZORI)$2,012
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market74
Sale-to-List Ratio1.0%
Price Drops27.3%
Homes Sold23
Active Inventory44
Price Per Sq Ft$173

Ownership & Stock

Owner-Occupied62.9%
Renter-Occupied37.1%
Homeownership Rate62.9%
Total Housing Units8,578
Median Year Built1986
Rent Burden26.1%