Cheap Apartments for Rent in Mt Vernon, MO from $600 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mt Vernon.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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Tall Grass Apartments
1 to 3 Bedroom Apartments

Tall Grass Apartments

1029 W Battlefield StSpringfield, MO 65807
  • Utilities Included
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Eko Park Apartments
Studio to 3 Bedroom Apartments

Eko Park Apartments

1744 W Catalpa StSpringfield, MO 65807

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.

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Mt Vernon, MO Local Guide

Cheapest Available Mt Vernon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mt Vernon, MO is a 1 Bed unit found at Monett Meadows (Sunset Villa Apartments) priced from $650. Monett Meadows has the second lowest priced unit, which is a 2 Beds apartment currently listed from $726. Here is today’s list of the most affordable Mt Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Monett Meadows (Sunset Villa Apartments)1 bed /1 bath1BR,1BA$650
Monett MeadowsTwo Bed/1 Bath2BR,1BA$726
Eaglewood Apartments1 Bedroom/1 Bath Unit in Nixa - Open Floor Plan1BR,1BA$765
Park57StudioStudio,1BA$790
Park Place1.1 second floor upgraded1BR,1BA$850
The Field1 Bedroom, 1 Bathroom1BR,1BA$895
Fairfield Village1.11BR,1BA$895
Sherwood Village ApartmentsStudio-P1Studio,1BA$911
Maple Gardens1.11BR,1BA$945
Republic Palms2 Bedroom, 2 Bathroom2BR,2BA$995

Best Value Apartments for Rent in Mt Vernon, MO and Nearby

As of August 19, 2026 the best value apartment in the Mt Vernon area is the $1.06 price per square foot 3 Bed 2.5 Bath 1598 sq ft Model at The Woods Townhomes in the in the Parkwest Village neighborhood starting from $1,695. The second greatest value Mt Vernon apartment is the A Model at Vintage Park starting at $1,200 with a $0.86 price per square foot in the Christian County neighborhood. Here is today’s list of the best values for Mt Vernon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Woods Townhomes3 Bed 2.5 Bath 1598 sq ft3BR,2.5BA$1.06
Vintage ParkA2BR,1.5BA$0.86
Heatherwood Apartments3 Beds, 2 baths3BR,2BA$1.12
Ben Steele SpringfieldDuplex2BR,2BA$1.08
Tall Grass Apartments3x23BR,2BA$1.08
Chesterfield Village3 Bedroom, 2 Bath3BR,2BA$1.05
Republic Palms2 Bedroom, 2 Bathroom2BR,2BA$1.05
Eaglewood Apartments1 Bedroom/1 Bath Unit in Nixa - Open Floor Plan1BR,1BA$1.06
Monett MeadowsTwo Bed/1 Bath2BR,1BA$1.03
Monett Meadows (Sunset Villa Apartments)1 bed /1 bath1BR,1BA$1.13

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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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.

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Best Local Schools in
Mt Vernon, MO

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Mt Vernon Apartments

What is the Cheapest Studio apartment in Mt Vernon?

Currently the most affordable Cheap Studio Apartment in Mt Vernon is at Park57 listed at $790.

How much is rent for a Cheap One Bedroom Mt Vernon Apartment?

The lowest price for a Cheap One Bedroom Mt Vernon Apartment is $650 at Monett Meadows (Sunset Villa Apartments).

What is the lowest price for a Cheap Two Bedroom Mt Vernon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mt Vernon is starting from $726 at Monett Meadows.

What is the most affordable Mt Vernon Three Bedroom Apartment?

The best deal on a cheap Mt Vernon Three Bedroom Apartment rental is at Chesterfield Village and starts from $1,045.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

Written by: Robin Stewart

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.