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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 $210,417, lower than the Missouri average of $246,641.
The average cost of rent is $773/mo in Mount Vernon, primarily driven by the current value of real estate in the Mount Vernon area. In Mount Vernon, 27.16% of households rent, and 38.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Vernon is $6,179 per month. Households that rent pay about 12.51% of their income on rent here. Mount Vernon’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hoberg, MO: equally priced homes
- Orange, MO: higher priced homes
- Phelps, MO: equally priced homes
- Freistatt, MO: equally priced homes
- Miller, MO: less expensive homes
- Stinson, MO: higher priced homes
- Stotts City, MO: higher priced homes
- Heatonville, MO: higher priced homes
- Rescue, MO: equally priced homes
- Halltown, MO: higher priced homes
Cities with Similar Populations
- Smithville, TX: higher priced homes
- Girard, PA: equally priced homes
- Glasgow, DE: higher priced homes
- Glastonbury Center, CT: higher priced homes
- Seven Points, TX: less expensive homes
- Shamokin, PA: less expensive homes
- Shelburne, VT: higher priced homes
- Silver Springs Shores, FL: less expensive homes
- Silvis, IL: less expensive homes
- Smithsburg, MD: higher priced homes
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