Expensive
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 $1,184,673, higher than the Idaho average of $450,170.
The average cost of rent is $1,383/mo in Vernon, primarily driven by the current value of real estate in the Vernon area. In Vernon, 7.34% of households rent, and 60.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vernon is $13,545 per month. Households that rent pay about 10.21% of their income on rent here. Vernon’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Victor, ID: less expensive homes
- Bates, ID: less expensive homes
- Driggs, ID: less expensive homes
- Swan Valley, ID: less expensive homes
- Tetonia, ID: less expensive homes
- Irwin, ID: less expensive homes
- Alta, WY: equally priced homes
- Palisades, ID: less expensive homes
- Wilson, WY: higher priced homes
- Felt, ID: less expensive homes
Cities with Similar Populations
- Retreat, TX: less expensive homes
- Morley, IA: less expensive homes
- Mount Gretna Heights, PA: less expensive homes
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- Raven, KY: less expensive homes
- Ravinia, SD: less expensive homes
- Reading, MN: less expensive homes
- Redford, MO: less expensive homes
- Relief, NC: less expensive homes
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