Cheap Homes for Rent near Mount Vernon, SD from $500 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in Mount Vernon.

property at 531 Korb St

$575

Total Monthly Price

Total Monthly Price

Base Rent
$575

Total Monthly Price
$575

1 Bedroom, 1 Bath Condo for Rent

Available Now

531 Korb St

ScotlandSD57059

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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.

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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.

Mount Vernon, SD Local Guide

Cheapest Available Mount Vernon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mount Vernon, SD is a 1 Bed unit found at Wheatridge Apartments & Townhomes priced from $865. Edgerton Place has the second lowest priced unit, which is a Studio apartment currently listed from $920. Here is today’s list of the most affordable Mount Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wheatridge Apartments & TownhomesTallgrass1BR,1BA$865
Edgerton PlaceEdgerton Place Phase II - StudioStudio,1BA$920
Copperleaf Townhomes2 Bedroom2BR,1BA$1,325

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

As of July 09, 2026 the best value apartment in the Mount Vernon area is the $0.89 price per square foot 3 Bedroom Townhome Model at Wheatgrass Village I in the starting from $1,465. The second greatest value Mount Vernon apartment is the 3B/2B Townhome Model at Wheatridge Apartments & Townhomes starting at $1,975 with a $1.65 price per square foot . 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.
Wheatgrass Village I3 Bedroom Townhome3BR,2.5BA$0.89
Wheatridge Apartments & Townhomes3B/2B Townhome3BR,2BA$1.65
Copperleaf Townhomes2 Bedroom2BR,1BA$1.39
530 Korb St, Unit 101530 Korb St1BR,1BA$0.92
Edgerton PlaceEdgerton Place Phase II - StudioStudio ,1BA$1.84

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.

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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Mount Vernon

What type of rentals are currently available in Mount Vernon?

There are currently 22 Apartments for Rent in Mount Vernon, SD with pricing that ranges from $550 to $1,975. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Vernon ranging from $575 to $1,600.

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 $575 to $1,600 with an average monthly rent of $1,161.

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 $1,465 to $1,975, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $1,450. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,450.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.