Cheap Apartments for Rent in Mount Vernon, IA from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Vernon.

Grand View Apartments

Waterford Arms

Harris Oak Hill 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.

Continental Terrace Apartments

Asbury Court

1460 Meadowview Dr
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.

138 33rd St Dr SE

2951 9th St

1450 Meadowview Dr

1465 Meadowview Dr

4451 Vasey Ave
The 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.
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 | $1,012 | $440 | $1,650 |
Mount Vernon 2 Bedroom Apartments | $1,177 | $450 | $2,042 |
Mount Vernon 3 Bedroom Apartments | $1,579 | $425 | $2,539 |
Mount Vernon 4 Bedroom Apartments | $1,304 | $1,090 | $1,620 |
Browse Top Apartments in Mount Vernon
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Mount Vernon, IA Local Guide
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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. Marion Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. 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 |
Marion Lofts | The Ballast 40% | 1BR,1BA | $650 |
Waterford Arms | 1-Bedroom 1-Bathroom | 1BR,1BA | $675 |
Harris Oak Hill Apartments | 1 Bedroom Restricted | 1BR,1BA | $695 |
Continental Terrace Apartments | One Bedroom | 1BR,1BA | $695 |
Best Value Apartments for Rent in Mount Vernon, IA and Nearby
As of September 08, 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 |
Lynnwood Estates | 2 Bedroom/1 Bath | 2BR,1BA | $1.00 |
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 | $0.88 |
Kerry Manor Apartments | 2 Bedroom x 1.5 Bath | 2BR,1.5BA | $1.04 |
North Ridge | 2 Beds, 1 Baths | 2BR,1BA | $0.91 |
Waterford Arms | 1-Bedroom 1-Bathroom | 1BR,1BA | $1.00 |
Grand View Apartments | 1bd | 1BR,1BA | $0.82 |
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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!
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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 Chapel Ridge Marion and starts from $1,050.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.