Cheap Apartments for Rent in the Mount Vernon Neighborhood of Dayton, OH from $300 (81 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mount Vernon area of Dayton.

Dayton's Best Affordable Neighborhoods

Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 466 Allwen Dr

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

466 Allwen Dr

DaytonOH45406

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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505 Brookwood Ct
1 Bedroom Apartments

505 Brookwood Ct

505 Brookwood CtDayton, OH 45405
Senior Living
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Valerie Woods
1 to 3 Bedroom Apartments

Valerie Woods

3420-3498 Valerie Arms DrDayton, OH 45405
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Salemview Apartments
Studio to 1 Bedroom Apartments

Salemview Apartments

72 Central AveDayton, OH 45406
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2247-2263 Hepburn Ave
1 Bedroom Apartments

2247-2263 Hepburn Ave

2247-2263 Hepburn AveDayton, OH 45406
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Omega Senior Lofts
1 to 2 Bedroom Apartments

Omega Senior Lofts

1461 Cornell DrDayton, OH 45406
Senior Living
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Twin Manor
1 Bedroom Apartments

Twin Manor

4115 Free PikeDayton, OH 45416
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Mount Vernon, Dayton, OH Local Guide

Cheapest Available Mount Vernon Apartments for Rent

 

The cheapest available apartment rental in the Mount Vernon area of Dayton, OH is a 1 Bed unit found at 270 E Nottingham Rd priced from $650. Chamberlain I & II Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $710. Here are the most affordable Mount Vernon apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
270 E Nottingham Rd1 Beds, 1 Baths1BR,1BA$650
Chamberlain I & II Apartments1A1BR,1BA$710
2334-2338 Davue Cir1 Beds, 1 Baths1BR,1BA$750
96 Cromwell Pl1 Beds, 1 Baths1BR,1BA$750
Audubon Crossing1 Bedroom1BR,1BA$790
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$795
Stillwater Park ApartmentsFor Rent - Renovated 1 Bedroom Apartment in Day...1BR,1BA$810
Apartments at 310 Superior1 Bedroom 1 Bathroom1BR,1BA$875
1067 Salem Ave2 Beds, 1.5 Baths2BR,1BA$880

Best Value Apartments for Rent in Mount Vernon, OH

As of July 26, 2026 the best value apartment in the Mount Vernon area is the $0.93 price per square foot Two Bedroom Two Bathroom Model at Grafton House in the in the Downtown Dayton neighborhood starting from $1,674. The second greatest value Mount Vernon apartment is the 99 Bennington Dr Model at 99 Bennington Dr, Unit 101 starting at $750 with a $0.68 price per square foot in the Northridge Estates neighborhood. Here is today’s list of the best values for Mount Vernon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.93
99 Bennington Dr, Unit 10199 Bennington Dr2BR,1BA$0.68
Rockwood Apartments2 BD D,K,A,N2BR,2BA$0.93
1067 Salem Ave2 Beds, 1.5 Baths2BR,1.5BA$0.80
Townhouse Court ApartmentsCT 2B 1.5B2BR,1.5BA$0.95
108 E Norman Ave108 E Norman Ave2BR,1BA$0.99
128 Pointview Ave, Unit 128.5128 Pointview Ave2BR,1BA$0.97
Audubon Crossing2 Bedroom2BR,1BA$1.08
Stillwater Park ApartmentsFor Rent - Renovated 1 Bedroom Apartment in Day...1BR,1BA$1.08
270 E Nottingham Rd1 Beds, 1 Baths1BR,1BA$1.08

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Ohio, including Dayton. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, places to raise kids, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Mount Vernon Apartments

What is the Cheapest Studio apartment in Mount Vernon?

Currently the most affordable Cheap Studio Apartment in Mount Vernon is at Monument listed at $899.

How much is rent for a Cheap One Bedroom Mount Vernon Apartment?

The lowest price for a Cheap One Bedroom Mount Vernon Apartment is $650 at 270 E Nottingham Rd.

What is the lowest price for a Cheap Two Bedroom Mount Vernon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mount Vernon is starting from $880 at 1067 Salem Ave.

What is the most affordable Mount Vernon Three Bedroom Apartment?

The best deal on a cheap Mount Vernon Three Bedroom Apartment rental is at Art Lofts at the Arcade and starts from $1,068.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH article

Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH

Written by: Kim Mooneyham

Once an industrial powerhouse in southwest Ohio, Dayton is gradually changing from a strictly blue-collar city to a light blue-collar/white-collar city with education, tech, and urban development opportunities.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.