City · 35,377 residents · Skagit County, Washington
Mount Vernon, Washington
In Mount Vernon, a typical home is worth $472,300 and typical rent is $1,405 a month. Compared with all of Skagit County, typical household income is 15% lower, the typical home value is 13% lower, and the share of households that own their home is 10 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $504,413 to $582,462.
Typical rent
$2,402a month
▲ 4.4% more than 12 months ago
Typical rent from Zillow, March 2023 to September 2026: from $2,103 to $2,402.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Mount Vernon is in Skagit County. The FHA loan limit ($621,000 for a one-unit home), the fair market rents and the help on this page are those of all of Skagit County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical household income in Mount Vernon is $75,777,15% less than in Skagit County as a whole ($89,263).
2
60% of households in Mount Vernon own their home, against 70% in Skagit County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Mount Vernon
What homes there are in Mount Vernon, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Mount Vernon
Skagit County
Washington
United States
Kind of home: Mount Vernon and its comparisons
Measure
Mount Vernon
Skagit County
Washington
United States
Detached house
61%
73%
62%
61%
Attached house
5%
3%
4%
6%
Building of 2 to 4
8%
6%
6%
8%
Apartments (5 or more)
20%
10%
22%
19%
Mobile home
6%
7%
6%
6%
Boat, RV and other
Unreliable estimate
1%
0%
0%
Detached houses are the majority in Mount Vernon (61%), but less so than in Skagit County (73%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Mount Vernon
Skagit County
Washington
United States
Year built: Mount Vernon and its comparisons
Measure
Mount Vernon
Skagit County
Washington
United States
Before 1960
18%
22%
21%
26%
1960–1979
20%
21%
23%
24%
1980–1999
30%
31%
27%
25%
2000–2009
20%
16%
15%
14%
2010 or later
12%
11%
14%
11%
In Mount Vernon, half of the homes were built before 1989; in Skagit County, before 1986.
In Mount Vernon, 59% of homes have 3 bedrooms or more, about the same as in Skagit County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K8%
$100K–$200K2%
$200K–$300K6%
$300K–$500K41%
$500K–$750K36%
FHA limit: $621,000
$750K–$1M6%
$1M or moreUnreliable
Value of owner-occupied homes: Mount Vernon and its comparisons
Measure
Mount Vernon
Under $100K
8%
$100K–$200K
2%
$200K–$300K
6%
$300K–$500K
41%
$500K–$750K
36%
$750K–$1M
6%
$1M or more
Unreliable estimate
The FHA loan limit for Skagit County is $621,000, and about 74% of owner-occupied homes in Mount Vernon are worth less than that.
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $5007%
$500–$99916%
$1,000–$1,49932%
$1,500–$1,99923%
HUD fair market rent, 2 bedrooms: $1,668
$2,000–$2,49914%
$2,500–$2,9996%
$3,000 or moreUnreliable
Monthly rent with utilities: Mount Vernon and its comparisons
Measure
Mount Vernon
Under $500
7%
$500–$999
16%
$1,000–$1,499
32%
$1,500–$1,999
23%
$2,000–$2,499
14%
$2,500–$2,999
6%
$3,000 or more
Unreliable estimate
About 63% of rented homes in Mount Vernon cost less than HUD's 2-bedroom fair market rent for Skagit County ($1,668); the rest cost more.
With a mortgage
$2,106 a month
Skagit County: $2,285 a month
Without a mortgage
$724 a month
Skagit County: $759 a month
Owners with a mortgage
63%
Skagit County: 62%
Owning costs less in Mount Vernon: with a mortgage, the typical cost is $2,106 a month; in Skagit County, $2,285. Without one, $724.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Mount Vernon+76%
Skagit County+78%
Washington+67%
United States+53%
Typical rent
Mount Vernon+38%
Skagit County+39%
Washington+40%
United States+33%
Typical household income
Mount Vernon+22%
Skagit County+33%
Washington+33%
United States+29%
Change since 2015–2019: Mount Vernon and its comparisons
Measure
Mount Vernon
Skagit County
Washington
United States
Typical home value
+76%
+78%
+67%
+53%
Typical rent
+38%
+39%
+40%
+33%
Typical household income
+22%
+33%
+33%
+29%
From 2015–2019 to 2020–2024, home values in Mount Vernon rose at about the same pace as in Skagit County: 76% against 78%.
The typical rent in Mount Vernon rose 38% since 2015–2019, about the same as in Skagit County (39%).
The typical household income in Mount Vernon rose 22%: less than home values (+76%) and rent (+38%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Mount Vernon and its comparisons
Measure
Mount Vernon
Skagit County
Washington
United States
Rental vacancy
Unreliable estimate
1.4%
4.5%
5.5%
Homeowner vacancy
Unreliable estimate
0.5%
0.7%
0.9%
More than one person per room
8.6%
4.8%
3.5%
3.4%
People per household
2.59
2.47
2.50
2.53
Drive alone
74%
75%
63%
69%
Carpool
10%
10%
9%
9%
Public transit
Unreliable estimate
1%
3%
3%
Walk or bike
2%
2%
4%
3%
Work from home
14%
12%
20%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
More than one person per room: that is how 8.6% of households in Mount Vernon live, more than in Skagit County (4.8%).
A household in Mount Vernon has 2.59 people on average, about the same as in Skagit County (2.47).
To get to work, 74% of workers in Mount Vernon drive alone; in Skagit County, 75%.
Do the math
What would you pay each month for a home in Mount Vernon?
A typical home costs more than the typical income allows
We start with a typical home in Mount Vernon, worth $472,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 62% of the typical household income in Mount Vernon, which is $75,777 a year. For that payment to be 28% of income, a household would need to earn about $167,206 a year.
The calculator's FHA and conventional loan limits are those of all of Skagit County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Mount Vernon. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $16,531 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,902
at 7.18% · 30 years
Loan amount
$463,745
Total interest
$667,220
Paid off in
November 2056
Includes $7,976 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,768 a month
Tight
$1,768 to $2,273 a month
Hard
more than $2,273 a month
Your payment · 62%
Compared with the typical household income in Mount Vernon ($75,777 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,142
Property tax
$354
Home insurance
$197
FHA mortgage insurance (MIP)
$209
You need at least $16,531 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,902; principal and interest $3,142.
The city and its county
Mount Vernon and Skagit County
Mount Vernon is in Skagit County, Washington. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Mount Vernon
Map of Skagit County, Washington, with Mount Vernon marked. Around it, the neighboring counties.
Mount Vernon
Skagit County
Other cities with a page
Mount Vernon's own numbers
Typical home value
$472,300
Typical monthly rent
$1,405
Typical yearly household income
$75,777
Households that own their home
60%
Effective property tax rate
0.9%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Skagit County
FHA limit, one-unit home
$621,000
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,668
Price change over 5 years (FHFA)
+53%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Skagit County.
A typical home in Mount Vernon is worth $472,300: 13% below the county and 16% below Washington. With the typical household income in Mount Vernon ($75,777 a year), a typical home costs 6.2 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Mount Vernon6.2 years
Skagit6.1 years
Washington5.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Skagit County
According to FHFA’s house price index, home prices in Skagit County rose 132% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Skagit County.
Yearly change in FHFA’s price index in Skagit County, 2016 to 2025
2016: +9.4% +9.4% 2016
2017: +10.4% +10.4% 2017
2018: +10.4% +10.4% 2018
2019: +7.6% +7.6% 2019
2020: +5.9% +5.9% 2020
2021: +14.5% +14.5% 2021
2022: +19.7% +19.7% 2022
2023: +2.5% +2.5% 2023
2024: +4.4% +4.4% 2024
2025: +4.1% +4.1% 2025
Change in FHFA’s price index in Skagit County, Washington and the United States
Period
County
Washington
U.S.
Last year (2025)
+4.1%
+1.8%
+2.9%
5 years (2020–2025)
+53%
+44%
+47%
10 years (2015–2025)
+132%
+113%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Mount Vernon next to Skagit County, Washington and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Mount Vernon$472,300
Skagit$545,100
Washington$564,600
United States$332,700
Typical monthly rent
Mount Vernon$1,405
Skagit$1,536
Washington$1,760
United States$1,413
Typical yearly household income
Mount Vernon$75,777
Skagit$89,263
Washington$98,141
United States$80,734
See the full table
Mount Vernon next to Skagit County and Washington
Measure
Mount Vernon
Skagit County
Washington
U.S.
Typical home value
$472,300 ▼13% below the county
$545,100
$564,600
$332,700
Typical monthly rent
$1,405 ▼9% below the county
$1,536
$1,760
$1,413
Typical yearly household income
$75,777 ▼15% below the county
$89,263
$98,141
$80,734
Households that own their home
60% ▼10 points below the county
70%
64%
65%
Typical yearly property tax
$4,268
$4,308
$4,556
$3,119
Effective property tax rate
0.9% ▲0.11 points above the county
0.79%
0.81%
0.94%
Renters with high rent for their income
56% ▲2 points above the county
54%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Skagit County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Mount Vernon
For a typical $472,300 home in Mount Vernon, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Mount Vernon's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,901a month
Least cash to close
Down payment
$16,531
Cash to close
$30,700
Rate
7.18%
Mortgage insurance
FHA MIP · $209
Conventional, 5% down$3,815a month
Down payment
$23,615
Cash to close
$37,784
Rate
7.18%
Mortgage insurance
PMI · $224
Conventional, 20% down, no PMI$3,111a month
Down payment
$94,460
Cash to close
$108,629
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,547a month
Down payment
$70,845
Cash to close
$85,014
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Mount Vernon
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,901
$16,531
$463,745
7.18%
FHA MIP · $209
$30,700
580
Conventional, 5% down
$3,815
$23,615
$448,685
7.18%
PMI · $224
$37,784
620*
Conventional, 20% down, no PMI
$3,111
$94,460
$377,840
7.18%
None
$108,629
620*
ITIN, 15% down (example)
$3,547
$70,845
$401,455
8.18%
None
$85,014
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Mount Vernon is $1,405 a month: 9% below the county. In Mount Vernon, 56% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Skagit County, by unit size. To pay the 2-bedroom one ($1,668 a month) without spending more than 30% of your income, you would need to earn $32.08 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Skagit County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,162
$22.35
$46,480
1 bedroom
$1,275
$24.52
$51,000
2 bedrooms
$1,668
$32.08
$66,720
3 bedrooms
$2,310
$44.42
$92,400
4 bedrooms
$2,578
$49.58
$103,120
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Mount Vernon
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Mount Vernon has 2 ZIP codes with their own.
For 2 bedrooms it runs from $1,550 in 98273 to $1,930 in 98274.
1 of the 2 is above the fair market rent for Skagit County ($1,668).
Fair market rent by ZIP code and size in Mount Vernon, fiscal year 2027.
98273
$1,070
$1,180
$1,550
$2,160
$2,340
98274
$1,340
$1,480
$1,930
$2,670
$2,980
ZIP code2 bd3 bd
98273 $1,550$2,160
98274 $1,930$2,670
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Mount Vernon when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 22 buildings with rents for lower incomes in Mount Vernon. These are the largest.
Arbor Park Apt Homes200 S Laventure Rd, Mount Vernon 98274180 low-income homes · 1 bd: 27 · 2 bd: 152 · 4 bd: 1 · In service since 2005 · For people with disabilities
Arbor Park Apartment Homes200 S Laventure Rd, Mount Vernon 98274180 homes, 176 low-income · 1 bd: 27 · 2 bd: 152 · 4 bd: 1 · In service since 2005 · For people with disabilities
Vintage at MT. Vernon2110 Urban Avenue, Mount Vernon 98273154 homes, 152 low-income · 1 bd: 56 · 2 bd: 98 · In service since 2005 · For older adults, people with disabilities
Summerglen1630 N 26th St, Mount Vernon 98273153 homes, 151 low-income · Studio: 10 · 1 bd: 37 · 2 bd: 81 · 3 bd: 25 · In service since 1997
Mount Vernon Manor2405 Austin Ln, Mount Vernon 9827385 low-income homes · For older adults(360) 424-5810
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Skagit County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Mount Vernon or Skagit County. The ones below are statewide in Washington: they work in Mount Vernon the same as in the rest of the state.
Washington state commission 0% second mortgage for 3%, 4% or 5% of the first mortgage, with no monthly payments; you do not need to be a first-time buyer.Offered by Washington State Housing Finance Commission.
Washington state commission loan with no monthly payments of up to 20% of the price (maximum $150,000) plus closing costs, for first-time buyers whose family lived in Washington before 1968 and belonged to a group affected by housing discrimination, including Hispanic people.Offered by Washington State Housing Finance Commission.
Washington state commission loan of up to $15,000 at 1% simple interest, with no monthly payments, for the down payment and closing costs of first-time buyers with the House Key Opportunity mortgage.Offered by Washington State Housing Finance Commission.
The HUD-approved agencies closest to the center of Mount Vernon, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Mount Vernon or Skagit County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Mount Vernon and all of Skagit County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Mount Vernon?
The typical home value in Mount Vernon is $472,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Skagit County it is $545,100.
How much does it cost to rent in Mount Vernon?
Typical rent in Mount Vernon is $1,405 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Skagit County is $1,668.
What is the FHA loan limit in Mount Vernon?
Mount Vernon uses the FHA limit for all of Skagit County (2026): $621,000 for a one-unit home and $1,194,250 for a four-unit home.
How much property tax do owners pay in Mount Vernon?
The typical homeowner in Mount Vernon pays $4,268 a year, according to the U.S. Census Bureau. That is 0.9% of the home’s value; in Skagit County, the rate is 0.79%.
Where can I find free help to buy or rent in Mount Vernon?
We found no HUD-approved counseling agencies with an office in Skagit County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
