Cheap Apartments for Rent in Mount Vernon, IA from $400 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Vernon.

Grand View Apartments

Waterford Arms

Continental Terrace Apartments
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.

Meadowview Apartments

145 E Main St
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.

2951 9th St

138 33rd St Dr SE

1534 3rd Ave SE

949 13th St
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.

2455 5th Ave

2754 A Ave NE

182 14th Ave SW
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

How much does it cost to rent an apartment in Mount Vernon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mount Vernon Studio Apartments | $1,136 | $925 | $1,395 |
| Mount Vernon 1 Bedroom Apartments | $1,011 | $440 | $2,958 |
| Mount Vernon 2 Bedroom Apartments | $1,141 | $450 | $3,248 |
| Mount Vernon 3 Bedroom Apartments | $1,344 | $425 | $2,056 |
| Mount Vernon 4 Bedroom Apartments | $1,242 | $1,090 | $1,335 |
Browse Top Apartments in Mount Vernon
See all Apartments in Mount VernonExplore Mount Vernon
Mount Vernon, IA Local Guide
- Nearby Cities
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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 $440. Country Club View in the Wellington Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Mount Vernon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grand View Apartments | 1bd | 1BR,1BA | $440 |
| Country Club View | 1 BR/ BA | 1BR,1BA | $525 |
| 1810 A Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $625 |
| Waterford Arms | 1-Bedroom 1-Bathroom | 1BR,1BA | $675 |
| CR Legacy | 2x2 | 3BR,2BA | $695 |
| Continental Terrace Apartments | One Bedroom | 1BR,1BA | $695 |
| C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $725 |
| Asbury Court | 2 Beds, 1 bath | 2BR,1BA | $795 |
| Chapel Ridge Marion | One Bedroom | 1BR,1BA | $815 |
| Regal Townhomes | 2BR/1.5BA Townhouse | 2BR,1BA | $850 |
Best Value Apartments for Rent in Mount Vernon, IA and Nearby
As of December 09, 2025 the best value apartment in the Mount Vernon area is the $0.95 price per square foot 4x2 1 Model at Miller Avenue Estates in the in the Lincolnway Village neighborhood starting from $1,090. The second greatest value Mount Vernon apartment is the 2 Bedroom Flats Model at Regal Townhomes starting at $850 with a $0.83 price per square foot . Here is today’s list of the best values for Mount Vernon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Miller Avenue Estates | 4x2 1 | 4BR,2BA | $0.95 |
| Regal Townhomes | 2 Bedroom Flats | 2BR,1BA | $0.83 |
| CR Legacy | 2x2 | 3BR,2BA | $0.72 |
| Asbury Court | 2 Beds, 1 bath | 2BR,1BA | $0.86 |
| C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $0.84 |
| Country Club View | 2 BR / 1 BA | 2BR,1BA | $0.82 |
| Kerry Manor Apartments | 2 Bedroom x 1.5 Bath | 2BR,1.5BA | $1.04 |
| Waterford Arms | 1-Bedroom 1-Bathroom | 1BR,1BA | $1.00 |
| 1810 A Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $1.01 |
| Grand View Apartments | 1bd | 1BR,1BA | $0.82 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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.
Best Local Schools in Mount Vernon, IA
Washington Elementary School
Mount Vernon High School
Mount Vernon Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mount Vernon, IA Rentals by Map
See the most popular apartments and homes in Mount Vernon, IA
Getting Around Mount Vernon, IA
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $925.
How much is rent for a Cheap One Bedroom Mount Vernon Apartment?
The lowest price for a Cheap One Bedroom Mount Vernon Apartment is $440 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 $515 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 CR Legacy and starts from $695.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.















