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Affordable
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These days, finding an affordable place to live in the Mount Hermon area can be challenging. Home prices in Mount Hermon are now at a median cost of $216,150, lower than the Louisiana average of $235,139.
The average cost of rent is $542/mo in Mount Hermon, primarily driven by the current value of real estate in the Mount Hermon area. In Mount Hermon, 23.31% of households rent, and 77.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Hermon is $5,503 per month. Households that rent pay about 9.86% of their income on rent here. Mount Hermon’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Warnerton, LA: less expensive homes
- Progress, MS: less expensive homes
- Lewiston, LA: equally priced homes
- Stoney Point, LA: equally priced homes
- Franklinton, LA: less expensive homes
- Kentwood, LA: less expensive homes
- Lexie, MS: less expensive homes
- Chesbrough, LA: equally priced homes
- Osyka, MS: less expensive homes
- Greenlaw, LA: less expensive homes
Cities with Similar Populations
- Cannelburg, IN: higher priced homes
- Cheshire, MA: higher priced homes
- Eden, TX: less expensive homes
- Shoals, IN: less expensive homes
- Liberty, IL: less expensive homes
- Mammoth Spring, AR: less expensive homes
- Manchester, NY: less expensive homes
- Manson, NC: equally priced homes
- Moyie Springs, ID: higher priced homes
- Newton Lower Falls, MA: higher priced homes
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