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Newest Homes for Rent in Mount Vernon, IN

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  • /5

    $565 Per Month

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Green Valley Apartments

    509 Green Valley Dr Unit 21, Mount Vernon, IN 47620

    Newly renovated 1Bedroom/ 1 bath downstairs unit.New Flooring and carpet throughout the apartment.Quiet neighborhoodRent $550.00 includes water, sewer, trash Residents pay their own electricity

    509 Green Valley Dr Unit 21, Mount Vernon, IN 47620
  • /9

    $1,350 Per Month

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Beautiful Furnished Short Term Rental

    515 Green Valley Dr Unit 20, Mount Vernon, IN 47620

    Furninshed Short Term RentalAir BNB also on Air BNB website

    515 Green Valley Dr Unit 20, Mount Vernon, IN 47620
  • /14

    $900

    Total Monthly Price

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

    452 Sunset Dr Unit C, Mount Vernon, IN 47620

    This property at 452 Sunset Dr features 2 bedrooms and 1 bathroom within a total living space of 1,000 square feet. The living room offers ample space for relaxation and entertainment. The kitchen is equipped with a dishwasher and has room for a dining area. The bathroom includes standard fixtures and provides essential amenities. Each bedroom is adequately sized, allowing for comfortable living

    452 Sunset Dr Unit C, Mount Vernon, IN 47620
  • /10

    $1,300

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 1,500 Sq Ft
    • House for Rent

    401 Fielding Ct, Mount Vernon, IN 47620

    This property at 401 Fielding Ct offers 3 bedrooms and 1.5 bathrooms within a total of 1,500 square feet. The living room provides ample space for relaxation and entertainment, while the laundry room includes necessary hookups for a washer and dryer. Each bedroom is designed for comfort, with sufficient closet space. The bathroom features a tub/shower combination for convenience. Additional

    401 Fielding Ct, Mount Vernon, IN 47620
  • /11

    $1,200

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,300 Sq Ft
    • House for Rent

    410 Leffel Ct, Mount Vernon, IN 47620

    This is a 2 bedroom 1 office home with a one car garage and driveway with extra parking. It has a large backyard with a small patio and a privacy fence. Located within city limits and close to downtown.

    410 Leffel Ct, Mount Vernon, IN 47620

Frequently Asked Questions

How much does it cost to rent a home in Mount Vernon, IN?
The median rent for a home in Mount Vernon, IN is $1,200 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Mount Vernon, IN?
To comfortably afford the median rent in Mount Vernon, IN, a household needs to earn roughly $48,000 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 $1,200 per month in Mount Vernon, IN, renters typically need to show $3,600 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, IN?
In Mount Vernon, IN, the price-to-rent ratio is 13.2, 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.
What neighborhoods in Mount Vernon, IN are best for renting a home?
The best neighborhood for renting in Mount Vernon, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lamasco, Riverside, Jacobsville, Culver and Tepe Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,200
Median Single Family Home Rent
$1,300
Median Condo Rent
$900
How to Rent a Home