
Cheap Apartments for Rent in Mount Vernon, KY from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Vernon.


Eagle Creek Apartments

Beech Creek - Short WAIT LIST!

Morrow Rentals

Betty Jane Apartments

Total Monthly Price
East Ridge Apartments

Shawnee Trail Apartments

Vines at Saddlebrook

Ty Lane Apartments
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.

CREEKSIDE SENIOR APARTMENTS

1040 Brandy Ln

Century Lofts

Twin Lakes Apartments

Brandywine

Fry Estates Apartments

Ashton on Main

The Metropolitan

The Racquet Club Apartments
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.

Veridian Lexington

The Resort Apartments

Meadowood Apartments

The Enclave Hartland

Legacy Lake Apartments

Total Monthly Price
Carriage Place Apartments

Long Run Community - Income Restricted

Gibson Lane Apartments

Pebblecreek Crossing
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.

230 New Oak Rd

Meadow Pointe Apartments

71 Driftwood Cir

33 Driftwood Cir

50 Driftwood Cir

19 Driftwood Cir

51 Lee's Ford Dock Rd

214 New Oak Rd

113 Ringgold Rd
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.

Oak Hill Apartments
Mount Vernon, KY Local Guide

How much does it cost to rent an apartment in Mount Vernon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mount Vernon 1 Bedroom Apartments | $1,312 | $595 | $2,945 |
| Mount Vernon 2 Bedroom Apartments | $1,640 | $649 | $5,950 |
| Mount Vernon 3 Bedroom Apartments | $2,029 | $935 | $3,491 |
Browse Top Apartments in Mount Vernon
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Mount Vernon, KY Local Guide
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Cheapest Available Mount Vernon Apartments for Rent and Nearby
 The cheapest available apartment rental in Mount Vernon, KY is a 1 Bed unit found at Katelyn Court Apartments priced from $595. Betty Jane Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Mount Vernon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Katelyn Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $595 |
| Betty Jane Apartments | 1 Bed, 1 bath | 1BR,1BA | $700 |
| Pebblecreek Crossing | One Bedroom | 1BR,1BA | $724 |
| Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $741 |
| Meadow Pointe Apartments | 2 Bedrooms | 2BR,1BA | $849 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $900 |
| Century Lofts | One Bed | 1BR,1BA | $900 |
| Brandywine | 1 Bed | 1BR,1BA | $950 |
| Ashton on Main | 2 Bedroom | 2BR,1BA | $999 |
| The Metropolitan | Woodford | 1BR,1BA | $1,013 |
Best Value Apartments for Rent in Mount Vernon, KY and Nearby
As of June 14, 2026 the best value apartment in the Mount Vernon area is the $0.95 price per square foot 3 Bedroom Model at Twin Lakes Apartments in the starting from $1,262. The second greatest value Mount Vernon apartment is the 3BR/2.5BA Model at 2005 Willow Dr starting at $1,425 with a $1.19 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. |
|---|---|---|---|
| Twin Lakes Apartments | 3 Bedroom | 3BR,2BA | $0.95 |
| 2005 Willow Dr | 3BR/2.5BA | 3BR,2.5BA | $1.19 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.06 |
| Meadow Pointe Apartments | 2 Bedrooms | 2BR,1BA | $0.94 |
| Brandywine | 1 Bed | 1BR,1BA | $1.25 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $1.25 |
| Pebblecreek Crossing | One Bedroom | 1BR,1BA | $1.03 |
| Century Lofts | One Bed | 1BR,1BA | $1.29 |
| Betty Jane Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.27 |
| Katelyn Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.08 |
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.
Best Local Schools in Mount Vernon, KY
Mount Vernon Elementary School
Rockcastle County High School
Rockcastle County Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mount Vernon, KY Rentals by Map
See the most popular apartments and homes in Mount Vernon, KY
Frequently Asked Questions about Cheap Mount Vernon Apartments
How much is rent for a Cheap One Bedroom Mount Vernon Apartment?
The lowest price for a Cheap One Bedroom Mount Vernon Apartment is $595 at Katelyn Court Apartments.
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 $849 at Meadow 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 1040 Brandy Ln and starts from $1,000.
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 I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.