Cheap Apartments for Rent in Mount Vernon, IN from $300 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Vernon.

6515 Uebelhack Rd

Village Green

Fairway Plaza

Lakewood Flats and Townhomes

Embassy Apartments

Valoré at Hidden Hills
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.

Addison Place

Foxfire West Apartments

The Forge on Main

North Park

Canoe Creek Apartments

Dalehaven Estates

Legacy Commons

Parkside Apartments
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.

Market Street Apartments

Woodbridge Place

Bryce De Moray

1905 S New York Ave

1014 Mary St

405 2nd St
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.

1054 Madison Ave

614 5th St

208 E Maryland St

814 Taylor Ave

504 Adams Ave

726 Ridgeway Ave

216 Madison Ave
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.
Mount Vernon, IN 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 | $1,529 | $565 | $1,999 |
| Mount Vernon 1 Bedroom Apartments | $1,071 | $615 | $3,240 |
| Mount Vernon 2 Bedroom Apartments | $1,245 | $715 | $3,000 |
| Mount Vernon 3 Bedroom Apartments | $1,354 | $1,100 | $1,560 |
| Mount Vernon 4 Bedroom Apartments | $835 | $580 | $1,325 |
Browse Top Apartments in Mount Vernon
See all Apartments in Mount VernonExplore Mount Vernon
Mount Vernon, IN Local Guide
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Cheapest Available Mount Vernon Apartments for Rent and Nearby
 The cheapest available apartment rental in Mount Vernon, IN is a 1 Bed unit found at Graystone Henderson in the Henderson North End neighborhood priced from $650. Lakewood Flats and Townhomes in the Howell neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $670. Here is today’s list of the most affordable Mount Vernon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Graystone Henderson | 1 Bedroom | 1BR,1BA | $650 |
| Lakewood Flats and Townhomes | 2 small wd | 2BR,1BA | $670 |
| Embassy Apartments | 0.1 | Studio,1BA | $685 |
| Valoré at Hidden Hills | The Pine - One Bedroom Apartment Home | 1BR,1BA | $725 |
| Addison Place | Windsor | 1BR,1BA | $750 |
| Foxfire West Apartments | 1.1f | 1BR,1BA | $795 |
| The Forge on Main | Studio A | Studio,1BA | $800 |
| North Park | McCallister | 1BR,1BA | $825 |
| Dalehaven Estates | Princess | 1BR,1BA | $840 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $849 |
Best Value Apartments for Rent in Mount Vernon, IN and Nearby
As of December 26, 2025 the best value apartment in the Mount Vernon area is the $1.19 price per square foot 3BR/2.0BA Model at Apartments@41 in the in the Business 41 neighborhood starting from $1,450. The second greatest value Mount Vernon apartment is the 4BR/2BA - Furnished Model at Eagle Village - Historical Access starting at $565 with a $0.47 price per square foot in the Evansville West Side neighborhood. 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. |
|---|---|---|---|
| Apartments@41 | 3BR/2.0BA | 3BR,2BA | $1.19 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.17 |
| The Brickyard Apartments | Keystone | 1BR,1BA | $1.16 |
| Legacy Commons | 2 BEDROOM | 2BR,1BA | $1.26 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $1.23 |
| North Park | McCallister | 1BR,1BA | $1.10 |
| Addison Place | Windsor | 1BR,1BA | $1.14 |
| Foxfire West Apartments | 1.1f bl | 1BR,1BA | $1.28 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mount Vernon, IN Rentals by Map
See the most popular apartments and homes in Mount Vernon, IN
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 Embassy Apartments listed at $685.
How much is rent for a Cheap One Bedroom Mount Vernon Apartment?
The lowest price for a Cheap One Bedroom Mount Vernon Apartment is $650 at Graystone Henderson.
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 $670 at Lakewood Flats and Townhomes.
What is the most affordable Mount Vernon Three Bedroom Apartment?
The best deal on a cheap Mount Vernon Three Bedroom Apartment rental is at Dalehaven Estates and starts from $1,177.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!








