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 $98,188, lower than the Kentucky average of $164,895.
The average cost of rent is $697/mo in Mount Vernon, primarily driven by the current value of real estate in the Mount Vernon area. While nearly 61.28% of residents own their homes outright in Mount Vernon, 26.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Vernon is $3,294 per month. Households that rent pay about 21.16% of their income on rent here. Mount Vernon's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Burr, KY: less expensive homes
- Brodhead, KY: equally priced homes
- Wildie, KY: equally priced homes
- Pine Hill, KY: less expensive homes
- Orlando, KY: less expensive homes
- Gum Sulphur, KY: equally priced homes
- Conway, KY: equally priced homes
- Livingston, KY: less expensive homes
- Crab Orchard, KY: equally priced homes
- Willailla, KY: equally priced homes
Cities with Similar Populations
- Gray, ME: higher priced homes
- Glencoe, IL: higher priced homes
- Glenmoore, PA: higher priced homes
- Glennville, GA: higher priced homes
- Goddard, KS: higher priced homes
- Golden Hills, CA: higher priced homes
- Gonzales, CA: higher priced homes
- Graniteville, SC: higher priced homes
- Gray Court, SC: higher priced homes
- Glen Ridge, NJ: higher priced homes
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