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Lebanon, OR

Full City Profile · Oregon · Linn County County

2.8 /5.0
C+ Fair
18,978 Population 2,647/sq mi density
$56,740 Median Income $30,725 per capita
$295,900 Home Value $385,787 Zillow
$1,274 Median Rent 32.4% income on rent
55°F Avg Temperature 258 sunny days/yr
168 Violent Crime/100K 2,150 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$56,740 median income, 4.1% unemployment
B+
Affordability
3.7 / 5.0
$295,900 home value, $1,274/mo rent
F
Safety
1.0 / 5.0
168 violent crimes/100K
C+
Education
2.7 / 5.0
21.2% bachelor's degree or higher

Housing Overview

Median Home Value
$295,900
5% above
US avg: $281,900
Median Rent
$1,274/mo
10% above
US avg: $1,163/mo
Homeownership Rate
56.4%
14% below US avg (65.4%)
Total Housing Units
7,718
Median year built: 1978

Home Value by Source

Census Median
$295,900
Zillow (ZHVI)
$385,787
Median Sale Price
$356,500
Median List Price
$382,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

56.4%
Owner-Occupied
43.6%
Renter-Occupied
56%
44%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,051/mo
1 Bedroom
$1,143/mo
2 Bedroom
$1,425/mo
3 Bedroom
$1,963/mo
4 Bedroom
$2,318/mo
Census median rent: $1,274/mo · Zillow rent: $1,511/mo

Market Indicators (Redfin)

Median Days on Market
118 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
18
Price Drops
23.3%
of listings with price reduction
Price Per Sq Ft
$254
Active Inventory
60
homes for sale

Affordability & Housing Stock

Rent Burden
32.4%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
56.4%

Complete Housing Data

Home Values

Census Median Value$295,900
Zillow Home Value (ZHVI)$385,787
Median Sale Price$356,500
Median List Price$382,000
Price Per Sq Ft$254

Rent

Census Median Rent$1,274
Zillow Rent (ZORI)$1,511
FMR Studio$1,051
FMR 1-Bedroom$1,143
FMR 2-Bedroom$1,425
FMR 3-Bedroom$1,963
FMR 4-Bedroom$2,318

Market

Days on Market118
Sale-to-List Ratio1.0%
Price Drops23.3%
Homes Sold18
Active Inventory60
Price Per Sq Ft$254

Ownership & Stock

Owner-Occupied56.4%
Renter-Occupied43.6%
Homeownership Rate56.4%
Total Housing Units7,718
Median Year Built1978
Rent Burden32.4%