Lebanon, OR

Average · 91

Oregon · Population 18,978 · Updated March 2026

$1,274
Median Rent / Month
$56,740
Median Income
$295,900
Median Home Value
$1,283
Owner Costs / Month

Affordability

How far your income goes in Lebanon

26.9%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Oregon

State-level tax rates that affect your costs

9.9%
Income Tax (Top Rate)
0%
Sales Tax
0.93%
Property Tax Rate

Estimated Annual Costs

$15,288
Annual Rent
$5,617
State Income Tax
$2,752
Property Tax (est.)

Cost of Living Overview

Lebanon offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 91 (where 100 equals the national median), Lebanon residents can expect to pay median rent of $1,274/month while earning a median household income of $56,740/year.

The median home value in Lebanon, OR is $295,900, with typical monthly owner costs around $1,283 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.9%, Lebanon falls within the generally affordable range, though it's approaching the 30% burden threshold.

Oregon's top income tax rate of 9.9% is among the highest in the nation, adding to the overall cost burden. Combined with a 0% sales tax rate and 0.93% effective property tax rate, the overall tax environment is a factor in the total cost of living in Lebanon.

Frequently Asked Questions

Common questions about living costs in Lebanon

What is the cost of living in Lebanon, OR?
The cost of living index in Lebanon, OR is 91 (US average = 100). Median monthly rent is $1,274, median household income is $56,740/year, and the median home value is $295,900.
Is Lebanon, OR affordable?
Yes, Lebanon is more affordable than the national average with a cost index of 91. The rent-to-income ratio is 26.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Lebanon, OR?
The median gross rent in Lebanon, OR is $1,274 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,288.
What is the median household income in Lebanon?
The median household income in Lebanon, OR is $56,740 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Oregon?
Oregon has a top income tax rate of 9.9%, a sales tax of 0%, and an effective property tax rate of 0.93%.