$3,400 Per Month
- 3 Beds
- 1 Bath
- 1,200 Sq Ft
- Apartment for Rent
607 S 5th Ave Unit 2nd Flr Duplex, Mount Vernon, NY 10550
607 S 5th Ave Unit 2nd Flr Duplex, Mount Vernon, NY 10550
Frequently Asked Questions
How much does it cost to rent a home in Mount Vernon, NY?
The median rent for a home in Mount Vernon, NY is $2,997 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Mount Vernon, NY?
To comfortably afford the median rent in Mount Vernon, NY, a household needs to earn roughly $119,880 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 $2,997 per month in Mount Vernon, NY, renters typically need to show $8,991 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, NY?
In Mount Vernon, NY, the price-to-rent ratio is 11.0, 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, NY are best for renting a home?
The best neighborhood for renting in Mount Vernon, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include North Side, Village of Pelham, Wakefield, Southeast Yonkers and Edenwald, each with its own character and price range.
