Similar to its nearby areas, it is a lot less expensive compared to the US as a whole. Compared to the city of Lexington-Fayette, it is a lot less expensive.
Home prices
The median home in Mount Vernon costs $85,700. It is is very similar in comparison to its nearby areas.In comparison to the country as a whole it is about $131,800 (60%) lower, and compared to the city of Lexington-Fayette it is roughly $104,100 (54%) lower.
Rents
In Mount Vernon the median rent is $535 per month. This is approximately $32 (5%) lower in comparison to its nearby areas.It is roughly $527 (49%) lower in comparison to the entire country, and it is about $361 (40%) lower compared to the city of Lexington-Fayette.
Nearby places
Brodhead
Brodhead is roughly 4 miles northwest of Mount Vernon. Real estate prices there are a little less expensive. The median home value in Brodhead is $79,500, which comes out to $6,200 (7%) lower than Mount Vernon. The rent there is a bit more expensive. Brodhead's median monthly rent is $603, which works out to $68 (11%) higher than Mount Vernon.
Livingston
Livingston is about 7 miles southeast from Mount Vernon. Its real estate prices are a little less expensive. The median home in Livingston is valued at $65,800, which comes out to $19,900 (30%) lower than Mount Vernon. Rent there is a little less expensive. In Livingston the median rent is $475 a month, which is $60 (12%) lower than Mount Vernon.
Crab Orchard
Crab Orchard is about 10 miles northwest from Mount Vernon. Its real estate prices are somewhat less expensive. The median home in Crab Orchard costs $71,700, which works out to $14,000 (19%) lower than Mount Vernon. The rent there is significantly less expensive. The median monthly rent in Crab Orchard is $398, which is $137 (34%) lower than Mount Vernon.
Eubank
Eubank is approximately 15 miles west from Mount Vernon. The housing prices there are a bit less expensive. The median home in Eubank is valued at $75,700, which is $10,000 (13%) lower than Mount Vernon. The rent there is somewhat more expensive. Eubank's median rent is $645 per month, which is $110 (17%) higher than Mount Vernon.
Berea
Berea is approximately 16 miles north of Mount Vernon. Housing prices there are substantially more expensive. Berea's median home value is $139,300, which is $53,600 (38%) higher than Mount Vernon. Its rents are a bit more expensive. In Berea the median rent is $715 per month, which works out to $180 (25%) higher than Mount Vernon.
