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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 $259,150, lower than the Maine average of $330,167.
The average cost of rent is $1,034/mo in Mount Vernon, primarily driven by the current value of real estate in the Mount Vernon area. In Mount Vernon, 9.71% of households rent, and 46.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Vernon is $6,212 per month. Households that rent pay about 16.65% of their income on rent here. Mount Vernon’s most expensive areas are in the central 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
- West Mount Vernon, ME: equally priced homes
- Kents Hill, ME: equally priced homes
- Readfield, ME: higher priced homes
- Vienna, ME: equally priced homes
- Belgrade, ME: higher priced homes
- Belgrade Lakes, ME: higher priced homes
- Wayne, ME: higher priced homes
- East Livermore, ME: less expensive homes
- North Livermore, ME: less expensive homes
- Chesterville, ME: less expensive homes
Cities with Similar Populations
- Amity, PA: equally priced homes
- Angels Camp, CA: higher priced homes
- Atkinson, NC: less expensive homes
- Aurora, NC: less expensive homes
- Axtell, NE: less expensive homes
- Belfast, NY: less expensive homes
- Bernards, NJ: higher priced homes
- Lebanon, WI: higher priced homes
- Lake Hubert, MN: higher priced homes
- Linn Valley, KS: less expensive homes
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