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Newest Homes for Rent in Mount Vernon, IL

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  • /40

    Starting at $1,169 Per Month

    • 1 - 3 Beds

    3415-4001 S Water Tower Place, Mount Vernon, IL 62864

    Experience the finer things in life at Renaissance Hills Apartments in Mt. Vernon, IL! Including an onsite management and maintenance team. Our BRAND NEW luxury one, two, and two with a study apartment options are spacious in design, while maintaining an unsurpassed level of comfort! Enjoy your new apartment home with features that can include garage parking, private patio or balcony, fully

    Renaissance Hills

    (618) 816-0879

    3415-4001 S Water Tower Place, Mount Vernon, IL 62864
  • /55

    Starting at $899 Per Month

    • Studio - 2 Beds

    4201 Valley Forge Rd, Mount Vernon, IL 62864

    Enjoy the good life at Chesterfield Village Apartments.We offer a variety of floor plans and options to fit your lifestyle. Our on-site management and professional maintenance team provide fast, personal service and worry-free apartment living. This is an amenity that allows us to stand above the rest. Our location is convenient to major roads and highway, retail, restaurants, and work. The

    Chesterfield Village

    (618) 816-0832

    4201 Valley Forge Rd, Mount Vernon, IL 62864
  • /25

    $1,700

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 980 Sq Ft
    • Condo for Rent

    107 Halia Crest Unit 107, Mount Vernon, IL 62864

    107 Halia Crest Unit 107, Mount Vernon, IL 62864
  • /26

    $1,100

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,000 Sq Ft
    • Townhouse for Rent

    507 Halia Crest, Mount Vernon, IL 62864

    Quite safe Halia crest setting2 bed 1.5 bath upstairs unitComes with washer/dryer fridge stove and dishwasherRent includes water, sewer, trash and basic cableNo yard work required. Central heat and air.

    507 Halia Crest, Mount Vernon, IL 62864
  • /26

    Starting at $1,175 Per Month

    • 2 - 3 Beds

    3400 Westmont St, Mount Vernon, IL 62864

    Location, Location, Location – Newly Renovated Apartments in the Heart of Mount VernonThe perfect home in the perfect location. Our newly renovated two- and three-bedroom apartments offer the best address in town, combining modern comfort with a serene, country-like setting. Nestled among mature trees, you’ll enjoy peace and privacy—while being just minutes from everything you

    Westmont Apartments

    (314) 866-8732

    3400 Westmont St, Mount Vernon, IL 62864

Frequently Asked Questions

How much does it cost to rent a home in Mount Vernon, IL?
The median rent for a home in Mount Vernon, IL is $1,400 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Mount Vernon, IL?
To comfortably afford the median rent in Mount Vernon, IL, a household needs to earn roughly $56,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,400 per month in Mount Vernon, IL, renters typically need to show $4,200 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Mount Vernon, IL?
In Mount Vernon, IL, the price-to-rent ratio is 8.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Mount Vernon, IL

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,400
Median Single Family Home Rent
$2,150
Median Townhouse Rent
$1,100
Median Condo Rent
$1,800
How to Rent a Home