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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 $153,300, lower than the Kentucky average of $219,615.
The average cost of rent is $639/mo in Vernon, primarily driven by the current value of real estate in the Vernon area. In Vernon, 8.88% of households rent, and 59.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vernon is $6,720 per month. Households that rent pay about 9.51% of their income on rent here. Vernon’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hestand, KY: equally priced homes
- Judio, KY: less expensive homes
- Littrell, KY: less expensive homes
- Peytonsburg, KY: less expensive homes
- Thompsons Store, TN: higher priced homes
- Celina, TN: higher priced homes
- Meshack, KY: higher priced homes
- Cloyds Landing, KY: less expensive homes
- Kettle, KY: equally priced homes
- Leslie, KY: higher priced homes
Cities with Similar Populations
- Nopal, TX: higher priced homes
- Nashville, PA: less expensive homes
- Natchez, AL: less expensive homes
- Navy Yard City, WA: higher priced homes
- Neenah, AL: less expensive homes
- Neffs Mills, PA: higher priced homes
- Nell, TX: higher priced homes
- Neunert, IL: less expensive homes
- New Cypress, KY: less expensive homes
- New Moore, TX: higher priced homes
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