Real Estate Investing in Lebanon, Missouri (65536)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65536 (Lebanon, MO)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.4% vacancy may signal weakening demand.
What’s happening in Lebanon, MO (65536)?
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Market Analysis: 65536 Lebanon
This part of Laclede County is not an easy win. The 65536 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 65536 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 65536 and stronger Lebanon ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 65536 ZIP's population of 29,680 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
New investors are better served looking at Lebanon's stable or hybrid ZIPs before stepping into 65536. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Lebanon:
Property Strategy for 65536
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $124,254 | $920 | 5.3% | +8.9% | $62,127 |
| 3BR | $213,822 | $1,210 | 4.1% | +8.9% | $71,274 |
| 4BR | $299,367 | $1,510 | 3.6% | +8.6% | $74,842 |
| 5BR | $414,854 | — | — | +7.7% | $82,971 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 65536 Compare?
| Metric | 65536 | Lebanon | Lebanon, MO | Missouri |
|---|---|---|---|---|
| Home Value | $232,328 | $232,328 | N/A | $254,657 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 7.0% |
| Avg Rent | $946 | $946 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 65536 (Lebanon, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $232,328 |
| Monthly Rent | $946 |
| Price-to-Rent | 20.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +7.7% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 65536
Population: 29,680
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 65536
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How does Lebanon, MO rate as a rental market?
Lebanon, MO scores 3.0/5 for investability. Home values sit at $232K and rents near $946/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is it easy to find good tenants in Lebanon, MO?
Tenant demand in Lebanon, MO is solid. The local workforce $946/mo rents across most rental classes.
What monthly rent should investors expect in Lebanon, MO?
Rental rates in Lebanon, MO average $946/mo. Tenant demand and $232K home values make the yield look reasonable by investor standards.
Is vacancy a concern in Lebanon, MO?
Expect elevated vacancy in Lebanon, MO. Rents at $946/mo are absorbed by the tenant base without meaningful lag.
Does house hacking work in Lebanon, MO?
House hacking works a challenging in Lebanon, MO. Rents of $946/mo against $232K acquisition make the strategy solid for owner-occupants.
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How 65536 ranks in Lebanon, MO
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