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Affordable
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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 $477,813, lower than the New York average of $610,895.
The average cost of rent is $1,751/mo in Mount Vernon, primarily driven by the current value of real estate in the Mount Vernon area. In Mount Vernon, 56.99% of households rent, and 39.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Vernon is $7,600 per month. Households that rent pay about 23.04% of their income on rent here. Mount Vernon’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: higher priced homes
- Bradenton, FL: equally priced 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: equally priced homes
- Bend, OR: higher priced homes
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