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Rental Market Trends in Mount Vernon, OH

Updated July 2026

The average rent in Mount Vernon, OH is $1,037/month.

Rent in Mount Vernon is 38% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,037/month

Average Rent

651 Sq Ft

Average Size

-1.6%

Change / Year

57

Available Apartments

Mount Vernon rent varies by unit size and layout:

  • Studio apartments in Mount Vernon average $854 per month.
  • One-bedroom apartments in Mount Vernon average $1,037 per month.
  • Two-bedroom apartments in Mount Vernon average $1,378 per month.
  • Three-bedroom apartments in Mount Vernon average $1,295 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$854/month
403 Sq Ft
One Bedroom
$1,037/month
651 Sq Ft
Two Bedroom
$1,378/month
987 Sq Ft
Three Bedroom
$1,295/month
1,195 Sq Ft
View Mount Vernon Apartments

How much has average rent changed in Mount Vernon, OH?

In the past year, rent has decreased by 1.6%, which averages out to $16 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Mount Vernon, OH

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Mount Vernon, OH
Percentage*
Rent Range
0% Below $700/month
14% $700 - $1,000/month
71% $1,001 - $1,500/month
14% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Mount Vernon, OH?

Because the average rent in Mount Vernon is $1,037, you’ll want to make about $3,456 per month or $41,472 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Mount Vernon, OH

57 Available Apartments for Rent

Search for Nearby Apartments

How does Mount Vernon, OH compare to other nearby cities and neighborhoods?

Use the tool below to compare Mount Vernon, OH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Mount Vernon Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Johnstown

    Johnstown

Apartment Communities in Mount Vernon We Think You'll Love

16152 Glen Rd

16152 Glen Rd

16152 Glen Rd,
Mt. Vernon, OH 43050

3 Beds | $2,250

Arbors of Mt. Vernon

Arbors of Mt. Vernon

1575 Yauger Rd,
Mount Vernon, OH 43050

1-2 Beds | $1,095 - $1,600

Retreat at Mount Vernon

Retreat at Mount Vernon

11850 Upper Gilchrist Rd,
Mount Vernon, OH 43050

1-2 Beds | $1,205 - $1,490

The Grad Luxury Apartments

The Grad Luxury Apartments

301 N Mulberry St,
Mount Vernon, OH 43050

Studio - 2 Beds | $1,150 - $1,995

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Frequently Asked Questions

What is the average rent in Mount Vernon?

The average rent in Mount Vernon is $1,037 per month, which is 37.6% lower than the national average of $1,663.

Are rents going up or down in Mount Vernon?

Rents in Mount Vernon, OH are decreasing, with prices down 1.6% year-over-year and $16 less per month.

What rent range is most common in Mount Vernon?

In Mount Vernon, OH, 71% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Ohio Mount Vernon Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity