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Affordable
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These days, finding an affordable place to live in the Morgan area can be challenging. Home prices in Morgan are now at a median cost of $242,350, lower than the Vermont average of $340,025.
The average cost of rent is $1,147/mo in Morgan, primarily driven by the current value of real estate in the Morgan area. In Morgan, 23.76% of households rent, and 48.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morgan is $5,617 per month. Households that rent pay about 20.41% of their income on rent here. Morgan’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Morgan Center, VT: equally priced homes
- East Charleston, VT: equally priced homes
- West Charleston, VT: equally priced homes
- Holland, VT: equally priced homes
- Island Pond, VT: less expensive homes
- Derby Center, VT: equally priced homes
- Westmore, VT: equally priced homes
- Derby, VT: equally priced homes
- Derby Line, VT: less expensive homes
- Evansville, VT: equally priced homes
Cities with Similar Populations
- Herbster, WI: equally priced homes
- Stonington, IN: less expensive homes
- Stonewall, KY: less expensive homes
- Stafford, OK: less expensive homes
- St. Anthony, ND: less expensive homes
- Springerton, IL: less expensive homes
- Spring Seat, TX: less expensive homes
- Spokane, LA: higher priced homes
- Hillsboro, NM: less expensive homes
- Hillcrest, MI: less expensive homes
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