Total monthly cost of ownership
Cost to Own a Home in Lebanon, Missouri
A $152,000 home here costs
$1,275per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $781. The real number is $494 higher every month — 63% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Lebanon against Laclede County and Missouri
| Measure | Lebanon | Laclede County |
|---|---|---|
| Median home value | $152,200 | $158,000 |
| Median property tax | $1,168 | $1,031 |
| Effective tax rate | 0.767% | 0.653% |
| Median gross rent | $814 | $796 |
| Population | 15,157 | 36,245 |
The weather behind that power bill
Lebanon sits in Laclede County, which averages a high of 88.4°F in its hottest month and a low of 22.2°F in its coldest, with 45.86" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 1,317 cooling and 4,618 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Laclede County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Laclede County
No other places of this size are published in Laclede County.
Full Laclede County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Lebanon?
A $152,000 home in Lebanon, Missouri costs approximately $1,275 per month with 20% down at 6.66%. That is $781 principal and interest, $97 property tax, $79 homeowners insurance, $191 utilities and $127 set aside for maintenance.
What is the property tax rate in Lebanon?
Lebanon has an effective property tax rate of 0.767%, based on a median home value of $152,200 and median real estate taxes of $1,168. That is higher than the Laclede County average of 0.653%.
What is the average home price in Lebanon?
The median owner-occupied home value in Lebanon, Missouri is $152,200, against $158,000 across Laclede County.
Is it cheaper to rent or buy in Lebanon?
Median gross rent in Lebanon is $814 a month, against $1,275 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Lebanon — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Missouri.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.