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 $218,926, higher than the Iowa average of $182,666.
The average cost of rent is $871/mo in Mount Vernon, primarily driven by the current value of real estate in the Mount Vernon area. While nearly 35.71% of residents own their homes outright in Mount Vernon, 22.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Vernon is $6,808 per month. Households that rent pay about 12.79% of their income on rent here. Mount Vernon's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Lisbon, IA: less expensive homes
- Bertram, IA: higher priced homes
- Sutliff, IA: higher priced homes
- Martelle, IA: less expensive homes
- Springville, IA: less expensive homes
- Ely, IA: higher priced homes
- Mechanicsville, IA: less expensive homes
- Solon, IA: higher priced homes
- Morley, IA: less expensive homes
- Marion, IA: equally priced homes
Cities with Similar Populations
- West Salem, OH: less expensive homes
- Iron River, MI: less expensive homes
- Diamond Springs, CA: higher priced homes
- Diana, TX: equally priced homes
- Dickson City, PA: less expensive homes
- Dilley, TX: less expensive homes
- Dillwyn, VA: less expensive homes
- Dilworth, MN: higher priced homes
- Dimmitt, TX: less expensive homes
- Dimondale, MI: less expensive homes
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