Cheap Apartments for Rent in Mount Vernon, IA from $460 (49 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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Sonoma Square
$968 - $1,128

Total Monthly Price

Base Rent$968 - $1,128
Total Monthly Price$968 - $1,128
1 to 3 Bedroom Apartments Available Oct 14

Sonoma Square

5650 Muirfield Dr SWCedar Rapids, IA 52404
Affordability
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  • Low Income
  • 3D Tour

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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795 4th Ave
1 to 2 Bedroom Apartments

795 4th Ave

795 4th AveMarion, IA 52302
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2701 5th Ave
1 to 2 Bedroom Apartments

2701 5th Ave

2701 5th AveMarion, IA 52302

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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CR Legacy
3 to 4 Bedroom Apartments

CR Legacy

100-200 66th Ave SWCedar Rapids, IA 52404
  • Utilities Included
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1810 A Ave NE
1 Bedroom Apartments

1810 A Ave NE

1810 A Ave NECedar Rapids, IA 52402
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850 Bridgit Ln
2 Bedroom Apartments

850 Bridgit Ln

850 Bridgit LnCedar Rapids, IA 52403
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Residence on 11th
2 Bedroom Apartments

Residence on 11th

901 S 11th StMarion, IA 52302
  • Utilities Included
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Tulip Tree Apartments
2 Bedroom Apartments

Tulip Tree Apartments

728 Oakbrook DrMarion, IA 52302
Senior Living
  • Utilities Included
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Chalet South
1 to 2 Bedroom Apartments

Chalet South

210 19th St NECedar Rapids, IA 52402
  • Utilities Included
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Anderson Greene II
1 to 3 Bedroom Apartments

Anderson Greene II

53 Miller AveCedar Rapids, IA 52404
  • 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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Green Park Apartments
Studio to 3 Bedroom Apartments

Green Park Apartments

1003 31st StMarion, IA 52302
Corporate Housing
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Miller Avenue Estates
1 to 4 Bedroom Apartments

Miller Avenue Estates

64 Miller Ave SWCedar Rapids, IA 52404
  • Utilities Included
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Vive Senior Apartments
1 to 2 Bedroom Apartments

Vive Senior Apartments

925 Kirkwood Pky SWCedar Rapids, IA 52404
Senior Living
property at 145 E Main St
$1,100 - $1,200
1 Bedroom Rentals
Available Now

145 E Main St

LisbonIA52253
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800 Grand Ave
2 Bedroom Apartments

800 Grand Ave

800 Grand AveMarion, IA 52302

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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NewBo Lofts
Studio to 2 Bedroom Apartments

NewBo Lofts

455 16th Ave SECedar Rapids, IA 52401
  • Utilities Included
Showing Results 1-49, Page 1 of 1

Mount Vernon, IA Local Guide

Cheapest Available Mount Vernon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mount Vernon, IA is a 1 Bed unit found at Grand View Apartments priced from $460. Blairs Ferry in the Kenwood Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $481. Here is today’s list of the most affordable Mount Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand View Apartments1bd1BR, 1BA$460
Blairs Ferry1A 30%1BR, 1BA$481
Country Club View1 BR/ BA1BR, 1BA$525
Marion Lofts30-Divisio2BR, 1BA$609
Lancer Townhouses and ApartmentsTownhome1BR, 1BA$675
Village1 Bedroom1BR, 1BA$765
Asbury Court2 Beds, 1 bath2BR, 1BA$795
Regal Townhomes2BR/1.5BA Townhouse2BR, 1BA$865
Continental Terrace IIOne Bedroom1BR, 1BA$886
Continental Terrace ApartmentsOne Bedroom1BR, 1BA$886

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

As of September 22, 2026 the best value apartment in the Mount Vernon area is the $1.13 price per square foot 2 Bedroom TH Model at Anderson Greene I in the Lincolnway Village neighborhood starting from $1,225. The second greatest value Mount Vernon apartment is the 4 Bed/ 4 Bath apartment Model at Eagle's Nest Apartments in the Corridor Ridge neighborhood starting at $575 with a $0.55 price per square foot. 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.
Anderson Greene I2 Bedroom TH2BR, 1.5BA$1.13
Eagle's Nest Apartments4 Bed/ 4 Bath apartment4BR, 4BA$0.55
Regal Townhomes2 Bedroom Flats2BR, 1BA$0.84
Asbury Court2 Beds, 1 bath2BR, 1BA$0.86
C Street Townhomes2 bedrrom -side by side townhome2BR, 2BA$1.16
Country Club View2 BR / 1 BA2BR, 1BA$0.79
2861 Prairie Hill Dr1 Bed, 1 bath1BR, 1BA$1.25
Kerry Manor Apartments2 Bedroom x1.5 Bath Blacony2BR, 1.5BA$1.34
Waterford Arms1-Bedroom 1-Bathroom1BR, 1BA$1.33
Grand View Apartments1bd1BR, 1BA$0.86

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Mount Vernon, IA

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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

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

The lowest price for a Cheap One Bedroom Mount Vernon Apartment is $460 at Grand View Apartments.

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 $625 at Grand View Apartments.

What is the most affordable Mount Vernon Three Bedroom Apartment?

The best deal on a cheap Mount Vernon Three Bedroom Apartment rental is at Regal Townhomes and starts from $1,150.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.