17 Suburbs Where the Average Monthly Mortgage Is Less Than $1,000

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Lebanon, Indiana

  • Metro area: Indianapolis
  • Monthly mortgage payment: $791

Why Lebanon Is a Great Place to Live

Among the best suburbs with affordable mortgages, Lebanon, Indiana, is tied for the third-cheapest total cost of nonhousing necessities like groceries, healthcare, transportation and utilities, at $16,974.57 per year.

Additionally, the Indianapolis suburb witnesses 0.88 violent crimes and 6.58 property crimes per 1,000 residents, translating to the third- and second-lowest crime rates in their respective categories. As a result, Lebanon is a good choice for Americans seeking a safe, wallet-friendly neighborhood to call home.

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