The Most Affordable Neighborhoods in West Mount Vernon, ME by Home Value

 

West Mount Vernon, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the West Mount Vernon area can be challenging. Home prices in West Mount Vernon are now at a median cost of $245,876, lower than the Maine average of $330,167.

The average cost of rent is $1,037/mo in West Mount Vernon, primarily driven by the current value of real estate in the West Mount Vernon area. In West Mount Vernon, 10.82% of households rent, and 51.42% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in West Mount Vernon is $5,242 per month. Households that rent pay about 19.78% of their income on rent here. West Mount Vernon’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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