Mount Vernon Ave / N Monroe Ave median real estate price is $56,159, which is less expensive than 95.3% of Ohio neighborhoods and 97.7% of all U.S. neighborhoods.
The average rental price in Mount Vernon Ave / N Monroe Ave is currently $640, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.7% of Ohio neighborhoods.
Mount Vernon Ave / N Monroe Ave is an urban neighborhood (based on population density) located in Columbus, Ohio.
Mount Vernon Ave / N Monroe Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Mount Vernon Ave / N Monroe Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Mount Vernon Ave / N Monroe Ave. The current real estate vacancy rate here is 26.3%. This is higher than the rate of vacancies in 91.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.