Cheap Apartments for Rent near Mount Vernon, AR from $500 (56 Rentals)

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

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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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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Magnolia Gardens
$1,299 - $1,450
Total Monthly Price

Total Monthly Price

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$1,299 - $1,450
Total Monthly Price
$1,299 - $1,450
2 Bedroom Apartments Available Now

Magnolia Gardens

25 Whittenway DrGreenbrier, AR 72058
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  • Utilities Included
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West Towne Apartments
2 Bedroom Apartments

West Towne Apartments

2103 W Beebe Capps ExpySearcy, AR 72143
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Orchards at Cabot
1 to 2 Bedroom Apartments

Orchards at Cabot

555 E Mountain Springs RdCabot, AR 72023
Senior Living
  • 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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Park Ridge at Conway
1 to 2 Bedroom Apartments

Park Ridge at Conway

1960 Rich Smith LnConway, AR 72032
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523 E Main St
2 Bedroom Apartments

523 E Main St

523 E Main StCabot, AR 72023

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Mount Vernon, AR Local Guide

Cheapest Available Mount Vernon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mount Vernon, AR is a Studio unit found at Sugarloaf Studios priced from $525. Cadron Commons has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Mount Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sugarloaf StudiosStudioStudio,1BA$525
Cadron CommonsStudioStudio,1BA$525
GermantownStandard1BR,1BA$655
Fox RunStandard2BR,1BA$745
The Links at Cadron ValleyClassic Deluxe II1BR,1BA$775
Cottonwood1 Bedrooms1BR,1BA$795
Donaghey Court Apartments1BD/1BA1BR,1BA$800
High Point Park Apartments1 BR standard1BR,1BA$800
Creekside Village Townhomes2 Bedroom Townhome2BR,1BA$839
The Village at Hendrix Row Houses1 Bed, 1 bath1BR,1BA$899

Best Value Apartments for Rent in Mount Vernon, AR and Nearby

As of August 21, 2026 the best value apartment in the Mount Vernon area is the $1.08 price per square foot 3x2.5 Model at 1810 RichSmith Ln in the in the Conway neighborhood starting from $2,500. The second greatest value Mount Vernon apartment is the D1TH Model at German Oaks Townhomes starting at $1,520 with a $0.97 price per square foot in the Conway 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.
1810 RichSmith Ln3x2.53BR,2.5BA$1.08
German Oaks TownhomesD1TH3BR,2.5BA$0.97
Sentinel of Conway ApartmentsE1 Peak - Renovated4BR,2BA$1.03
Cottonwood3 Bedrooms3BR,2BA$1.00
Steeplechase ApartmentsPremium 2 Bedroom Apartment Home2BR,2BA$1.02
University Park Apartments2 Bedroom, 2 Bath2BR,2BA$0.99
Edge at Conway2X22BR,2BA$0.72
Fox RunStandard2BR,1BA$1.06
Cadron CommonsStudioStudio ,1BA$1.02
Sugarloaf StudiosStudioStudio ,1BA$1.05

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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 Sugarloaf Studios listed at $525.

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

The lowest price for a Cheap One Bedroom Mount Vernon Apartment is $655 at Germantown.

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 $745 at Fox Run.

What is the most affordable Mount Vernon Three Bedroom Apartment?

The best deal on a cheap Mount Vernon Three Bedroom Apartment rental is at Village Square of Cabot and starts from $1,098.

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

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.