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 $256,899, higher than the Michigan average of $196,062.
The average cost of rent is $952/mo in Mount Vernon, primarily driven by the current value of real estate in the Mount Vernon area. While nearly 36.24% of residents own their homes outright in Mount Vernon, 4.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Vernon is $8,663 per month. Households that rent pay about 10.99% of their income on rent here. Mount Vernon's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Columbus, MI: equally priced homes
- Anchorville, MI: less expensive homes
- Rattle Run, MI: equally priced homes
- Richmond, MI: less expensive homes
- Muttonville, MI: higher priced homes
- Goodells, MI: less expensive homes
- Casco, MI: less expensive homes
- Memphis, MI: equally priced homes
- Thornton, MI: less expensive homes
- St. Clair, MI: less expensive homes
Cities with Similar Populations
- Kindrick, VA: less expensive homes
- Tanoma, PA: less expensive homes
- Taits Gap, AL: less expensive homes
- Sycamore, KS: less expensive homes
- Swofford, WA: less expensive homes
- Story, OK: less expensive homes
- Lebo, MO: less expensive homes
- Lanse, PA: less expensive homes
- Lane, IL: less expensive homes
- Knob Lick, MO: less expensive homes
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