
Cheap Homes for Rent in Mt Vernon, MO from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Mt Vernon.


1221 S Park Ave

126 Fairway Ave

122 Fairway Ave

433 S Public Ave
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.

431 S Public Ave

425 S Public Ave

427 S Public Ave

423 S Public Ave

429 S Public Ave
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.

402 Frisco St
Mt Vernon, MO Local Guide

How much does it cost to rent a home in Mt Vernon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mt Vernon 2 Bedroom Homes for Rent | $1,096 | $895 | $1,595 |
| Mt Vernon 3 Bedroom Homes for Rent | $1,623 | $1,250 | $3,495 |
| Mt Vernon 4 Bedroom Homes for Rent | $2,129 | $1,745 | $2,650 |
Browse Top Homes for Rent in Mt Vernon
Explore Mt Vernon
Mt Vernon, MO Local Guide
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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. Delmar Meadows in the Northwest neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $675. Here is today’s list of the most affordable Mt Vernon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monett Meadows (Sunset Villa Apartments) | 1 bed /1 bath | 1BR,1BA | $650 |
| Delmar Meadows | 2 BR | 2BR,1BA | $675 |
| Eaglewood Apartments | 1 Bedroom/1 Bath Unit in Nixa - Open Floor Plan | 1BR,1BA | $765 |
| Pin Oak Apartments | 2 Bed 2 Bath | 2BR,2BA | $800 |
| Park Place | 1.1 second floor upgraded | 1BR,1BA | $850 |
Best Value Apartments for Rent in Mt Vernon, MO and Nearby
As of May 31, 2026 the best value apartment in the Mt Vernon area is the $0.85 price per square foot B Model at Vintage Park in the starting from $1,100. The second greatest value Mt Vernon apartment is the Duplex Model at Ben Steele Springfield starting at $1,295 with a $1.08 price per square foot in the Southwest Springfield neighborhood. Here is today’s list of the best values for Mt Vernon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Vintage Park | B | 2BR,1BA | $0.85 |
| Ben Steele Springfield | Duplex | 2BR,2BA | $1.08 |
| South Valley Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.92 |
| Oak Court | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.08 |
| Pin Oak Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.73 |
| Willow Creek | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.01 |
| Spring Hill | Oak | 2BR,2BA | $1.03 |
| Chesterfield Village | 2 Bedroom, 2 Bath | 2BR,2BA | $1.10 |
| Delmar Meadows | 2 BR | 2BR,1BA | $0.82 |
| Eaglewood Apartments | 1 Bedroom/1 Bath Unit in Nixa - Open Floor Plan | 1BR,1BA | $1.06 |
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 Mt Vernon, MO
Mount Vernon Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Mt Vernon
What type of rentals are currently available in Mt Vernon?
There are currently 61 Apartments for Rent in Mt Vernon, MO with pricing that ranges from $650 to $3,865. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mt Vernon ranging from $725 to $3,495.
What is the current price range for Rental Homes in Mt Vernon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mt Vernon ranges from $725 to $3,495 with an average monthly rent of $1,393.
How much are larger Three and Four Bedroom Rentals in Mt Vernon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mt Vernon range from $850 to $3,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,495. Four Bedroom Single-Family rentals are also available starting from $1,745 and Four Bedroom Apartments start at $1,535.
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

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.

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.