Mount Vernon, Virginia 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, Virginia rental market.
Mount Vernon, Virginia
Average Apartment Rent
$1,736
Y-o-Y Change in Average
Apartment Rent
-1.7%
As of March 2026
Compared to a year ago, Mount Vernon, Virginia apartments have recorded a -1.7% rent decrease.
Mount Vernon, Virginia Average apartment rent trend
Mount Vernon, Virginia Average Apartment Rent
Mount Vernon, Virginia Apartment rent ranges
At 94.57%, apartments priced $1,500 - $2,000 represent the bulk of Mount Vernon, Virginia rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 2.33%.
Mount Vernon, Virginia Housing tenure**
Renters take up 23% of Mount Vernon, Virginia real estate, occupying a total of 1,129 units, while homeowners live in 3,697 properties.
Median number of rooms of renter-occupied housing units**
3.9
Average household size of renter-occupied housing units**
2.62
Rental vacancy rate**
1%
Mount Vernon, Virginia Renter-occupied housing units by no. of bedrooms**
There are 402 rentals in Mount Vernon, Virginia with 2 beds making up the highest share of the market, at 36%. Units with 5 or more beds, on the other hand, hold the lowest percentage (4%), amounting to 41 units. Overall, the median number of rooms in Mount Vernon, Virginia homes for rent is 3.9.
Mount Vernon, Virginia Renter-occupied units by age of householder**
Most condos for rent in Mount Vernon, Virginia are occupied by residents in the 25 - 34 years age group (37%), followed by those in the 35 - 44 years age group (24%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
Mount Vernon, Virginia Renter-occupied housing units by family type**
Mount Vernon, Virginia Renter-occupied housing units by the presence of own children**
A total of 675 apartments for rent in Mount Vernon, Virginia, or 60% of all rentals are family households. Additionally, 40% of rental homes include children under the age of 18 – that’s 453 units. All in all, the median size of a renter-occupied household in Mount Vernon, Virginia is 2.62.
Mount Vernon, Virginia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 44% 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, Virginia.
Mount Vernon, Virginia Renter-occupied units by year structure built**
The highest share of Mount Vernon, Virginia apartment rentals, namely 45% or 513 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (26%, 292 units), and the ones Built 1990 - 1999 (16%, 181 units).
Mount Vernon, Virginia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Mount Vernon, Virginia renters (45%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Mount Vernon, Virginia condos for rent is 2017.
Mount Vernon, Virginia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 44% of Mount Vernon, Virginia renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 19% have No vehicle available.
Mount Vernon, Virginia Means of transportation to work of householders living in renter-occupied housing units**
Mount Vernon, Virginia 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, Virginia 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
