Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Vernon area can be challenging. Home prices in Mount Vernon are now at a median cost of $162,408, higher than the Arkansas average of $160,541.
The average cost of rent is $796/mo in Mount Vernon, primarily driven by the current value of real estate in the Mount Vernon area. While nearly 60.47% of residents own their homes outright in Mount Vernon, 10.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Vernon is $4,905 per month. Households that rent pay about 16.22% of their income on rent here. Mount Vernon's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Enola, AR: equally priced homes
- Naylor, AR: less expensive homes
- Romance, AR: equally priced homes
- McGintytown, AR: less expensive homes
- El Paso, AR: less expensive homes
- Holland, AR: less expensive homes
- Enders, AR: higher priced homes
- Rose Bud, AR: less expensive homes
- Floyd, AR: equally priced homes
- Joy, AR: less expensive homes
Cities with Similar Populations
- Lee Pope, GA: less expensive homes
- Akeley, MN: higher priced homes
- Block Island, RI: higher priced homes
- Bland, FL: equally priced homes
- Bingham Canyon, UT: higher priced homes
- Bertha, MN: less expensive homes
- Berne, NY: higher priced homes
- Bentleyville, OH: higher priced homes
- Arlington, WI: higher priced homes
- Avinger, TX: less expensive homes
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