Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mt Vernon Square area can be challenging. Home prices in Mt Vernon Square are now at a median cost of $575,444, higher than the Washington average of $468,832.
The average cost of rent is $2,300/mo in Mt Vernon Square, primarily driven by the current value of real estate in the Mt Vernon Square area. While nearly 13.44% of residents own their homes outright in Mt Vernon Square, 74.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mt Vernon Square is $11,035 per month. Households that rent pay about 20.84% of their income on rent here. Mt Vernon Square's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Downtown, Washington, DC: equally priced homes
- Shaw, Washington, DC: higher priced homes
- Logan Circle, Washington, DC: equally priced homes
- Ledroit Park, Washington, DC: higher priced homes
- U Street Corridor, Washington, DC: higher priced homes
- Capitol Hill, Washington, DC: higher priced homes
- Dupont Circle, Washington, DC: equally priced homes
- Stanton Park, Washington, DC: higher priced homes
- Foggy Bottom, Washington, DC: higher priced homes
- Adams Morgan, Washington, DC: higher priced homes
Neighborhoods with Similar Populations
- Shearer Hills-Ridgeview, San Antonio, TX: less expensive homes
- fairwood, Spokane, WA: less expensive homes
- Bitter Lake, Seattle, WA: less expensive homes
- Robertson, Oakland, CT: less expensive homes
- Polish Village, Parma, OH: less expensive homes
- Beverly, Toledo, OH: less expensive homes
- Northside, Riverside, CA: less expensive homes
- South Lamar, Austin, TX: less expensive homes
- South Park Hill, Denver, CO: higher priced homes
- Southcrest, San Diego, CA: less expensive homes
All Local Stats
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