
Cheap Apartments for Rent in Mount Vernon, IN from $300 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Vernon.


315 Green Valley Dr

Total Monthly Price
452 Sunset Dr, Unit C, Unit C

10432 HiddenValley Ln

Green Valley Apartments

10455 Old Hwy 62 E

Village Green

Graystone Henderson

Anchor Court

Fairway Plaza
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Valoré at Hidden Hills

Embassy Apartments

Lakewood Flats and Townhomes

Addison Place

Foxfire West Apartments

Woodbridge Place

TERRA TRACE

The Manning

Bradford Pointe Apartments

The Forge on Main
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.

Market Street Apartments

Northbend Townhomes

Parkside Apartments

North Park

Western Hills Apartments

Hornbrook Estates Apartments

Bryce De Moray

1900 N Willow Rd

1521 Irvington Ave

1231 Culver Ave
Cash 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.

Maple Valley Townhomes

510 Ellen Dr

224 Steven St

Donaldson Arms

610 N Main St

1330 SE 2nd St

Valore at Pine Hills

658 E Louisiana St

The Rathbone Apartments

640 Jefferson Ave
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.

1133 Bayard Park Dr

1313 N 2nd Ave

660 Taylor Ave

Legacy Commons

927 Harmony Way

924 SE 6th St

2001 Stringtown Rd

208 Jefferson Ave

1023 Jefferson Ave

1124 S Harlan 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.
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 | $1,584 | $580 | $2,350 |
| Mount Vernon 1 Bedroom Apartments | $1,030 | $565 | $3,420 |
| Mount Vernon 2 Bedroom Apartments | $1,201 | $805 | $3,000 |
| Mount Vernon 3 Bedroom Apartments | $1,401 | $1,170 | $1,720 |
| Mount Vernon 4 Bedroom Apartments | $590 | $580 | $600 |
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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 Anchor Court in the Howell neighborhood priced from $625. Graystone Henderson in the Henderson North End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Mount Vernon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Anchor Court | 1BR/1.0BA | 1BR,1BA | $625 |
| Graystone Henderson | 1 Bedroom | 1BR,1BA | $625 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Embassy Apartments | 0.1 | Studio,1BA | $685 |
| Village Green | Cypress | 1BR,1BA | $730 |
| Lakewood Flats and Townhomes | 1sm wd | 1BR,1BA | $765 |
| Addison Place | Windsor | 1BR,1BA | $769 |
| Foxfire West Apartments | 1.1 NS | 1BR,1BA | $795 |
| The Manning | 1 Bedroom 1 Bathroom | 1BR,1BA | $799 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $799 |
Best Value Apartments for Rent in Mount Vernon, IN and Nearby
As of May 07, 2026 the best value apartment in the Mount Vernon area is the $0.47 price per square foot 4BR/2BA - Furnished Model at Eagle Village - Historical Access in the in the Evansville West Side neighborhood starting from $565. The second greatest value Mount Vernon apartment is the 2BR/1.0BA Model at Ross Center Village starting at $975 with a $0.85 price per square foot in the Lincoln-Bellemeade 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. |
|---|---|---|---|
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Ross Center Village | 2BR/1.0BA | 2BR,1BA | $0.85 |
| 1508 Blue Bonnet St, Unit 1411 Clover | 1508 Blue Bonnet St | 2BR,1.5BA | $1.05 |
| Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.93 |
| North Park | Berkshire | 2BR,1.5BA | $1.12 |
| 452 Sunset Dr, Unit C | 452 Sunset Dr | 2BR,1.5BA | $1.07 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| Woodbridge Place | The Dogwood | 1BR,1BA | $1.14 |
| Addison Place | Windsor | 1BR,1BA | $1.17 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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!
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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 Anchor Court.
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 $805 at Bradford Pointe 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 Northbend Townhomes and starts from $1,067.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.