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 $103,471, lower than the Illinois average of $242,002.
The average cost of rent is $825/mo in Mount Vernon, primarily driven by the current value of real estate in the Mount Vernon area. While nearly 50.76% of residents own their homes outright in Mount Vernon, 35.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Vernon is $4,275 per month. Households that rent pay about 19.29% of their income on rent here. Mount Vernon's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Summersville, IL: higher priced homes
- Idlewood, IL: higher priced homes
- Marcoe, IL: higher priced homes
- Camp Ground, IL: higher priced homes
- Opdyke, IL: equally priced homes
- Woodlawn, IL: higher priced homes
- Bonnie, IL: less expensive homes
- Dix, IL: higher priced homes
- Dareville, IL: less expensive homes
- Bluford, IL: less expensive homes
Cities with Similar Populations
- Seffner, FL: higher priced homes
- Jasmine Estates, FL: equally priced homes
- Jollyville, TX: higher priced homes
- Morovis, PR: equally priced homes
- Morris Plains, NJ: higher priced homes
- Rigby, ID: higher priced homes
- Rosamond, CA: higher priced homes
- Rotterdam, NY: higher priced homes
- Salmon Creek, WA: higher priced homes
- San Fernando, CA: higher priced homes
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