Mount Vernon, Ohio Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Mount Vernon, Ohio rental market.
Mount Vernon, Ohio
Average Apartment Rent
$1,081
Y-o-Y Change in Average
Apartment Rent
Infinity%
As of July 2026
Compared to a year ago, Mount Vernon, Ohio apartments have recorded a Infinity% rent increase.
Mount Vernon, Ohio Average apartment rent trend
Mount Vernon, Ohio Average Apartment Rent
Mount Vernon, Ohio Apartment rent ranges
At 53.22%, apartments priced $1,000 - $1,500 represent the bulk of Mount Vernon, Ohio rentals, while condos priced Under $1,000 hold the lowest share of the market – 46.78%.
Mount Vernon, Ohio Housing tenure**
Renters take up 48% of Mount Vernon, Ohio real estate, occupying a total of 3,457 units, while homeowners live in 3,724 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$33,771
Average household size of renter-occupied housing units**
2.18
Rental vacancy rate**
6.2%
Mount Vernon, Ohio Renter-occupied housing units by no. of bedrooms**
There are 1,404 rentals in Mount Vernon, Ohio with 2 beds making up the highest share of the market, at 41%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 56 units. Overall, the median number of rooms in Mount Vernon, Ohio homes for rent is 4.7.
Mount Vernon, Ohio Renter-occupied units by age of householder**
Most condos for rent in Mount Vernon, Ohio are occupied by residents in the 35 - 44 years age group (18%), followed by those in the 25 - 34 years age group (15%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 5%.
Mount Vernon, Ohio Renter-occupied housing units by family type**
Mount Vernon, Ohio Renter-occupied housing units by the presence of own children**
A total of 1,645 apartments for rent in Mount Vernon, Ohio, or 48% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 1,074 units. All in all, the median size of a renter-occupied household in Mount Vernon, Ohio is 2.18.
Mount Vernon, Ohio Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Mount Vernon, Ohio.
Mount Vernon, Ohio Renter-occupied units by year structure built**
The highest share of Mount Vernon, Ohio apartment rentals, namely 24% or 843 units, were Built 1939 or earlier, followed by those Built 1960 - 1969 (19%, 660 units), and the ones Built 1970 - 1979 (15%, 502 units).
Mount Vernon, Ohio Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Mount Vernon, Ohio renters (49%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Mount Vernon, Ohio condos for rent is 2015.
Mount Vernon, Ohio Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Mount Vernon, Ohio renters have 1 vehicle available per household, 26% of them have 2 vehicles available, and 14% have No vehicle available.
Mount Vernon, Ohio Means of transportation to work of householders living in renter-occupied housing units**
Mount Vernon, Ohio Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Mount Vernon, Ohio apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
