Most Affordable ZIP Codes in Lebanon, MO (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 65567 | Stoutland, MO | $204,927 | $801 | 3.05% | 2.4% |
| 2 | 65536 | Lebanon, MO | $232,328 | $946 | 3.18% | 6.6% |
| 3 | 65722 | Phillipsburg, MO | $245,769 | $801 | 2.54% | 6.0% |
| 4 | 65662 | Grovespring, MO | $247,291 | $819 | 2.58% | 6.7% |
| 5 | 65632 | Conway, MO | $266,617 | $828 | 2.42% | 7.7% |
| 6 | 65470 | Falcon, MO | $294,177 | $873 | 2.31% | 6.9% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Lebanon, MO · Appreciation in Lebanon, MO
Or see the full Lebanon, MO metro profile.