Expensive
Affordable
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 $113,405, lower than the Mississippi average of $183,008.
The average cost of rent is $994/mo in Vernon, primarily driven by the current value of real estate in the Vernon area. In Vernon, 26.91% of households rent, and 48.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vernon is $5,369 per month. Households that rent pay about 18.52% of their income on rent here. Vernon’s most expensive areas are in the western 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
- Claytown, MS: equally priced homes
- Prince Chapel, MS: less expensive homes
- Gholson, MS: less expensive homes
- Handle, MS: higher priced homes
- Estes, MS: higher priced homes
- Mashulaville, MS: less expensive homes
- Noxapater, MS: equally priced homes
- Louisville, MS: higher priced homes
- Stallo, MS: equally priced homes
- McMillan, MS: higher priced homes
Cities with Similar Populations
- Pumpkin Center, IN: higher priced homes
- Moscow, MI: higher priced homes
- Moulton, IA: higher priced homes
- Mud Bay, AK: higher priced homes
- Nemo, TX: higher priced homes
- New Hope, TN: higher priced homes
- New Washington, IN: higher priced homes
- Nickelsville, GA: higher priced homes
- North Shores, DE: higher priced homes
- Patterson, MO: higher priced homes
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