Cheap Apartments for Rent in Mount Vernon, IL from $400 (34 Rentals)

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

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Lincolnshire Manor
1 to 2 Bedroom Apartments

Lincolnshire Manor

4233 Lincolnshire DrMount Vernon, IL 62864
  • Utilities Included
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Tanglewood Apartments
1 to 2 Bedroom Apartments

Tanglewood Apartments

4200 Westwood DrMount Vernon, IL 62864
  • 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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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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McKay Manor
2 to 3 Bedroom Apartments

McKay Manor

1 McKay Manor DrBreese, IL 62230
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413 W Main St
1 to 3 Bedroom Apartments

413 W Main St

405 S Graham AveCarbondale, IL 62901

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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Showing Results 1-34, Page 1 of 1

Mount Vernon, IL Local Guide

Cheapest Available Mount Vernon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mount Vernon, IL is a Studio unit found at Come Enjoy Ashburn Court Apartments priced from $450. McKay Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $548. Here is today’s list of the most affordable Mount Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Come Enjoy Ashburn Court Apartments0BR/1.0BAStudio,1BA$450
McKay Manor2 Bedroom2BR,1BA$548
Schilling Property Management1 Bed, 1 bath1BR,1BA$550
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$580
Saluki Apartments1 Bed 1 Bath1BR,1BA$625
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$700
Centralia EstatesUnit 432BR,1BA$723
Newly Renovated 2 Bedrooms!2BR/1.0BA2BR,1BA$790
University Edge Apartments2 Bedroom2BR,2BA$800
Shawnee Village1 BR /1 BA1BR,1BA$853

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

As of July 30, 2025 the best value apartment in the Mount Vernon area is the $0.45 price per square foot Three Bedroom (1.5 or 2.5 bath) Model at Alpha Property Management (Alpha Rentals) in the starting from $995. The second greatest value Mount Vernon apartment is the 3 bedroom Model at 2707 Fairway Dr starting at $1,400 with a $1.00 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.
Alpha Property Management (Alpha Rentals)Three Bedroom (1.5 or 2.5 bath)3BR,2BA$0.45
2707 Fairway Dr3 bedroom3BR,2BA$1.00
McKay Manor3 Bedroom3BR,2BA$0.58
Centralia EstatesUnit 432BR,1.5BA$0.59
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
Newly Renovated 2 Bedrooms!2BR/1.0BA2BR,1BA$1.05
Schilling Property Management1 Bed, 1 bath1BR,1BA$0.79
University Village - Carbondale, IL1 Bedroom 1 Bath1BR,1BA$1.32
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$1.14
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$1.29

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Best Local Schools in
Mount Vernon, IL

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Getting Around Mount Vernon, IL

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 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

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

The lowest price for a Cheap One Bedroom Mount Vernon Apartment is $550 at Schilling Property Management.

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 $548 at McKay Manor.

What is the most affordable Mount Vernon Three Bedroom Apartment?

The best deal on a cheap Mount Vernon Three Bedroom Apartment rental is at McKay Manor and starts from $730.

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.