
Affordable
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These days, finding an affordable place to live in the Vernon area can be challenging. Home prices in Vernon are now at a median cost of $181,929, lower than the Florida average of $396,783.
The average cost of rent is $1,031/mo in Vernon, primarily driven by the current value of real estate in the Vernon area. In Vernon, 17.95% of households rent, and 72.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vernon is $4,817 per month. Households that rent pay about 21.41% of their income on rent here. Vernon’s most expensive areas are in the southern 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
- Wausau, FL: less expensive homes
- Hinsons Crossroads, FL: less expensive homes
- Ebro, FL: higher priced homes
- Bennett, FL: higher priced homes
- Bradford, FL: equally priced homes
- Redbay, FL: less expensive homes
- Red Head, FL: higher priced homes
- Ponce de Leon, FL: less expensive homes
- Douglass Crossroads, FL: less expensive homes
- Fountain, FL: less expensive homes
Cities with Similar Populations
- Huntsville, AR: equally priced homes
- Ivanhoe, CA: higher priced homes
- Ithaca, MI: equally priced homes
- Isle Of Palms, SC: higher priced homes
- Iron River, MI: less expensive homes
- Indian Wells, CA: higher priced homes
- Indian Springs Village, AL: higher priced homes
- Hyde Park, UT: higher priced homes
- Hurlock, MD: higher priced homes
- Jacksboro, TX: higher priced homes
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