Home Price Key
Affordable
Average
Expensive
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 $72,051, lower than the Mississippi average of $145,564.
The average cost of rent is $740/mo in Vernon, primarily driven by the current value of real estate in the Vernon area. While nearly 58.24% of residents own their homes outright in Vernon, 25.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Vernon is $3,935 per month. Households that rent pay about 18.80% of their income on rent here. Vernon's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Claytown, MS: higher priced homes
- Prince Chapel, MS: higher priced homes
- Gholson, MS: higher priced homes
- Handle, MS: higher priced homes
- Estes, MS: higher priced homes
- Mashulaville, MS: higher priced homes
- Noxapater, MS: higher priced homes
- Louisville, MS: higher priced homes
- Stallo, MS: higher 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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