Cheap Apartments for Rent in Mount Vernon, IA from $400 (49 Rentals)

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

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.

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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795 4th Ave
1 to 2 Bedroom Apartments

795 4th Ave

795 4th AveMarion, IA 52302

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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2701 5th Ave
1 to 2 Bedroom Apartments

2701 5th Ave

2701 5th AveMarion, IA 52302
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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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North Ridge
2 Bedroom Apartments

North Ridge

1820 A Ave NECedar Rapids, IA 52402
Corporate Housing
  • 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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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Marion Lofts
1 to 3 Bedroom Apartments

Marion Lofts

2274 5th AveMarion, IA 52302
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Blairs Ferry
1 to 2 Bedroom Apartments

Blairs Ferry

830 Blairs Ferry RdMarion, IA 52302
Senior Living
  • Utilities Included
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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Country Club View in the Wellington Heights neighborhood priced from $525. Village in the Young's Hill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $620. Here is today’s list of the most affordable Mount Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Club View1 BR/ BA1BR,1BA$525
Village2 Bedroom2BR,1BA$620
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$725
Waterford Arms1-Bedroom 1-Bathroom1BR,1BA$745
Continental Terrace IIOne Bedroom1BR,1BA$775
Continental Terrace ApartmentsOne Bedroom1BR,1BA$775
Asbury Court2 Beds, 1 bath2BR,1BA$795
Blairs Ferry1A 60%1BR,1BA$862
Kerry Manor Apartments2 Bedroom x 1.5 Bath2BR,1BA$930
Chapel Ridge MarionTwo Bedroom2BR,2BA$945

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

As of May 08, 2026 the best value apartment in the Mount Vernon area is the $0.86 price per square foot 2 Beds, 1 bath Model at Asbury Court in the in the Mound View neighborhood starting from $795. The second greatest value Mount Vernon apartment is the Two Bedroom Model at Chapel Ridge Marion starting at $945 with a $1.04 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.
Asbury Court2 Beds, 1 bath2BR,1BA$0.86
Chapel Ridge MarionTwo Bedroom2BR,2BA$1.04
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$0.84
Country Club View2 BR / 1 BA2BR,1BA$0.79
2861 Prairie Hill Dr1 Bed, 1 bath1BR,1BA$1.25
Kerry Manor Apartments2 Bedroom x 1.5 Bath2BR,1.5BA$1.14
Broad + Main on 7thStudioStudio ,1BA$1.37
Waterford Arms1-Bedroom 1-Bathroom1BR,1BA$1.10
Blairs Ferry1A 60%1BR,1BA$1.36
Continental Terrace ApartmentsOne Bedroom1BR,1BA$1.32

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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How much rent can you afford?

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 Broad + Main on 7th listed at $1,000.

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

The lowest price for a Cheap One Bedroom Mount Vernon Apartment is $525 at Country Club View.

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 $620 at Village.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.