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 $397,575, lower than the New York average of $481,023.
The average cost of rent is $1,517/mo in Mount Vernon, primarily driven by the current value of real estate in the Mount Vernon area. While nearly 35.67% of residents own their homes outright in Mount Vernon, 56.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Vernon is $6,687 per month. Households that rent pay about 22.68% of their income on rent here. Mount Vernon's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Pelham, NY: higher priced homes
- Bronxville, NY: higher priced homes
- Pelham Manor, NY: higher priced homes
- New Rochelle, NY: higher priced homes
- Yonkers, NY: equally priced homes
- Tuckahoe, NY: higher priced homes
- Eastchester, NY: higher priced homes
- Larchmont, NY: higher priced homes
- Bronx, NY: equally priced homes
- Scarsdale, NY: higher priced homes
Cities with Similar Populations
- Billings, MT: less expensive homes
- Bowie, MD: equally priced homes
- Bradenton, FL: less expensive homes
- Bossier City, LA: less expensive homes
- Brandon, FL: less expensive homes
- Broken Arrow, OK: less expensive homes
- Bridgeport, CT: higher priced homes
- Brandon, MS: less expensive homes
- Boise, ID: less expensive homes
- Bend, OR: higher priced homes
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