
Cheap Homes for Rent in Mount Vernon, IL from $300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Mount Vernon.


111 Ralph St

309 Washington St

400 E College St

103 N Bentley St

801 E Stotlar St
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.

50 Orchard Dr

408 S 24th St

109 N Russell St

803 Anderson St

136 Court Rd

8972 IL-13
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.

1100 Briarwood Rd
Mount Vernon, IL Local Guide

How much does it cost to rent a home in Mount Vernon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mount Vernon 2 Bedroom Homes for Rent | $934 | $364 | $1,250 |
| Mount Vernon 3 Bedroom Homes for Rent | $1,600 | $950 | $2,500 |
| Mount Vernon 4 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
Browse Top Homes for Rent in Mount Vernon
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Mount Vernon, IL Local Guide
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Cheapest Available Mount Vernon Apartments for Rent and Nearby
 The cheapest available apartment rental in Mount Vernon, IL is a Studio unit found at Saluki Apartments priced from $450. Campus Edge has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Mount Vernon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saluki Apartments | Studio | Studio,1BA | $450 |
| Campus Edge | Studio | Studio,1BA | $450 |
| McKay Manor | 1 Bedroom | 1BR,1BA | $475 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $595 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
Best Value Apartments for Rent in Mount Vernon, IL and Nearby
As of April 07, 2026 the best value apartment in the Mount Vernon area is the $0.80 price per square foot 5 Bed House Model at Wedgewood Hills in the starting from $2,000. The second greatest value Mount Vernon apartment is the Black Diamond C2 Model at Storyboard on Black Diamond starting at $2,300 with a $1.05 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. |
|---|---|---|---|
| Wedgewood Hills | 5 Bed House | 5BR,3BA | $0.80 |
| Storyboard on Black Diamond | Black Diamond C2 | 3BR,2.5BA | $1.05 |
| 2600 Fairway Dr | 1X1 | 3BR,2.5BA | $1.00 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| 921 E Grand Ave | 2 Beds, 2.5 baths | 2BR,2.5BA | $1.05 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Georgetown Apartments | 2BR/1.0BA | 2BR,1BA | $1.05 |
| McKay Manor | 1 Bedroom | 1BR,1BA | $0.64 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $1.20 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleCash 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.
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, IL
DR Nick Osborne Primary Center
Mount Vernon High School
Summersville Grade School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Mount Vernon
What type of rentals are currently available in Mount Vernon?
There are currently 64 Apartments for Rent in Mount Vernon, IL with pricing that ranges from $295 to $2,300. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Vernon ranging from $364 to $2,500.
What is the current price range for Rental Homes in Mount Vernon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mount Vernon ranges from $364 to $2,500 with an average monthly rent of $1,196.
How much are larger Three and Four Bedroom Rentals in Mount Vernon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mount Vernon range from $730 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $295.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.