A typical Mount Vernon home is worth roughly $416,000
What kind of housing town is Mount Vernon?
Read from the numbers below. The page puts what stands out first.
91% of Mount Vernon households own their home
Half of Mount Vernon’s homes were built before 1975.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
What it takes to buy in Mount Vernon
Try your own numbers below.
That’s $75K short of a typical Mount Vernon home.
A two-bedroom rents for about $1,220 a month here, $1,310 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,220
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Wabasha County, MN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Mount Vernon vs. its neighbors
The towns that share a border with Mount Vernon. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Mount Vernon | $416K* | — | $1,220 | — | $82,750 |
| Minneiska | — | — | $1,280 | 0 | $87,083 |
| Rollingstone | $315K | +2.4% | $1,040 | — | $70,521 |
| Milton | — | +11.2%† | $1,150 | — | $82,813 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Mount Vernon buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.