Cheap Homes for Rent in Mount Vernon, IN from $500 (8 Rentals)

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Mount Vernon, IN Local Guide

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 $599. Embassy Apartments in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $680. Here is today’s list of the most affordable Mount Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Graystone Henderson1 Bedroom1BR,1BA$599
Embassy Apartments0.1Studio,1BA$680
Anchor Court Apartments1BR/1.0BA1BR,1BA$690

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

As of August 05, 2025 the best value apartment in the Mount Vernon area is the $1.15 price per square foot 2BR/2.0BA Model at Apartments@41 in the in the Business 41 neighborhood starting from $1,400. The second greatest value Mount Vernon apartment is the Berkshire Model at North Park starting at $1,065 with a $1.12 price per square foot in the Mt Auburn neighborhood. 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.
Apartments@412BR/2.0BA2BR,2BA$1.15
North ParkBerkshire2BR,1.5BA$1.12
Naveen Pine ApartmentsCozy Two Bedroom Apartment Home2BR,1BA$1.12
Mission Viejo VillasB- Barcelona1BR,1BA$1.13
Parkside Apartments2 Bedroom2BR,1BA$1.03
Village GreenCedar Premium1BR,1BA$1.15
Lakewood Flats2 Bedroom2BR,1BA$1.23
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$1.20
Foxfire West Apartments1 Bedroom 1 Bath1BR,1BA$1.22
Graystone Henderson1 Bedroom1BR,1BA$1.20

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Frequently Asked Questions about Mount Vernon

What type of rentals are currently available in Mount Vernon?

There are currently 56 Apartments for Rent in Mount Vernon, IN with pricing that ranges from $550 to $3,240. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Vernon ranging from $500 to $2,095.

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 $500 to $2,095 with an average monthly rent of $1,008.

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 $1,140 to $1,690, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,095. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $580.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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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.