The median home in Lebanon, Indiana is valued at $287,793, up 5.2% year over year. Typical monthly rent is $1,572, producing a price-to-rent ratio of 15.3x — near the national average of 18x. Lebanon is part of the Indianapolis-Carmel-Anderson, IN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Indianapolis-Carmel-Anderson, IN stress score, crash risk, and 12-month forecast →

Home Value$287,793

+5.2%

Rent$1,572/mo

AFFORDABILITY

Enter your income for Lebanon.

Income (annual)

Down Payment

$57,559 on $287,793

Stretch — 28.7% of income

Above 28% but manageable with cuts.

PITI$1,792

P/I28.7%

Afford$281K

Gap-$7K

P&I $1,455Tax $204Ins $133

Renting $220/mo cheaper ($1,572 rent)6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Indiana

Compare Lebanon with other housing markets across Indiana.

Dune Acres$889K Clear Lake$747K Long Beach$720K Zionsville$661K Carmel$548K Michiana Shores$540K Ogden Dunes$467K Westfield$460K

Full Indianapolis-Carmel-Anderson, IN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Indianapolis-Carmel-Anderson, IN metro.

View Indianapolis-Carmel-Anderson, IN metro →

LEBANON, IN