Similar to its nearby areas, it's substantially less expensive compared to the entire nation. Compared to the city of Savannah, it is significantly less expensive.
Home prices
The value of the median home in Mount Vernon is $84,200. This is roughly $2,680 (3%) lower in comparison to other places in this area.It is approximately $133,300 (61%) lower in comparison to the rest of the country, and compared to the city of Savannah is roughly $72,300 (46%) lower.
Rents
The median monthly rent in Mount Vernon is $636. Compared to other places in this area this is about $132 (26%) higher.In comparison to the entire nation it is roughly $426 (40%) lower, and is roughly $383 (37%) lower compared to the city of Savannah.
Nearby places
Ailey
Ailey is Mount Vernon's neighbor to the east. Its housing prices are somewhat more expensive. Ailey's median home cost is $96,000, which works out to $11,800 (12%) higher than Mount Vernon. Its rents are similar. The median monthly rent in Ailey is $648, which is $12 (1%) higher than Mount Vernon.
Glenwood
Glenwood is about 3 miles west of Mount Vernon. Real estate prices there are fairly similar. The median home in Glenwood costs $83,400, which is very similar to Mount Vernon. Its rents are a lot less expensive. Glenwood's median monthly rent is $388, which works out to $248 (63%) lower than Mount Vernon.
Higgston
Higgston is approximately 7 miles east of Mount Vernon. Real estate prices there are a bit more expensive. Higgston's median home value is $104,200, which comes out to $20,000 (19%) higher than Mount Vernon. The rent there is fairly similar. Higgston's median rent is $650 a month, which is $14 (2%) higher than Mount Vernon.
Alamo
Alamo is roughly 9 miles west of Mount Vernon. Its housing prices are substantially less expensive. The median home price in Alamo is $60,800, which comes out to $23,400 (38%) lower than Mount Vernon. Its rents are a lot less expensive. Alamo's median rent is $409 per month, which comes out to $227 (55%) lower than Mount Vernon.
Tarrytown
Tarrytown is roughly 10 miles north from Mount Vernon. Real estate prices there are somewhat more expensive. Tarrytown's median home price is $90,000, which is $5,800 (6%) higher than Mount Vernon. The rent there is substantially less expensive. Tarrytown's median monthly rent is $423, which comes out to $213 (50%) lower than Mount Vernon.
