
Cheap Apartments for Rent in Mount Vernon, IN from $300 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Vernon.


Green Valley Apartments

6501 Uebelhack Rd

Village Green

Graystone Henderson

Anchor Court Apartments

Lakewood Flats and Townhomes

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.

Embassy Apartments

Fairway Plaza

Western Hills Apartments

Foxfire West Apartments

Woodbridge Place

TERRA TRACE

The Manning

Bradford Pointe 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.

Addison Place

North Park

Parkside Apartments

Northbend Townhomes

Market Street Apartments

Bryce De Moray

1900 N Willow Rd

1231 Culver Ave
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.

Maple Valley Townhomes

510 Ellen Dr

316 E Eichel Ave

Donaldson Arms

Valore at Pine Hills

1115 W Virginia St

The Rathbone Apartments

215 W Louisiana St
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.

640 Jefferson Ave

1015 Stewart St

1419 SE 2nd St

815 SE 6th St

306 S Elm Ave

106 E Maryland St

Legacy Commons

608 Ravenswood Dr
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.

1638 Speaker Rd

658 E Louisiana St
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 | $1,661 | $580 | $2,340 |
| Mount Vernon 1 Bedroom Apartments | $1,059 | $625 | $3,410 |
| Mount Vernon 2 Bedroom Apartments | $1,248 | $740 | $3,250 |
| Mount Vernon 3 Bedroom Apartments | $1,369 | $1,170 | $1,560 |
| Mount Vernon 4 Bedroom Apartments | $835 | $580 | $1,325 |
Browse Top Apartments in Mount Vernon
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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 $625. 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 | $625 |
| Lakewood Flats and Townhomes | 2 small wd | 2BR,1BA | $670 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Embassy Apartments | 0.1 | Studio,1BA | $685 |
| Foxfire West Apartments | 1.1 | 1BR,1BA | $785 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $799 |
| The Manning | 1 Bedroom 1 Bathroom | 1BR,1BA | $799 |
| Woodbridge Place | The Dogwood | 1BR,1BA | $799 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $805 |
| North Park | McCallister | 1BR,1BA | $825 |
Best Value Apartments for Rent in Mount Vernon, IN and Nearby
As of March 19, 2026 the best value apartment in the Mount Vernon area is the $1.07 price per square foot 3 Bedroom Townhome Model at Western Hills Apartments in the in the Howell neighborhood starting from $1,550. 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. |
|---|---|---|---|
| Western Hills Apartments | 3 Bedroom Townhome | 3BR,2.5BA | $1.07 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Apartments@41 | 2BR/1.0BA | 2BR,1BA | $1.13 |
| Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.04 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $1.23 |
| North Park | McCallister | 1BR,1BA | $1.10 |
| Woodbridge Place | The Flowering Pink Dogwood | 1BR,1BA | $1.21 |
| Foxfire West Apartments | 1.1f | 1BR,1BA | $1.23 |
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.
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 $625 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 Northbend Townhomes 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

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.