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City Report · NY

Mount Vernon

Pop. 72,427·59th most expensive in New York·One of the pricier rental markets in the US
Median rent (all units)
$2,736/mo
Year-over-Year
-2.2%
Month-over-Month
-2.1%
vs US Median
+$774
Falling (Monthly)
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Most AffordableMost Expensive
Mount Vernon · $2,736
More expensive than 85% of US cities · National median $1,962/mo
Rent Reality Score
70/100
Good value
OverheatedFairGreat value

Rents are 10% below what Mount Vernon's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,736/mo
Expected by trend
$3,035/mo
The Rent Reality Score compares today's median rent to where Mount Vernon's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,215
1 BR
$2,315
2 BR
$2,560
3 BR
$3,190
4 BR+
$3,440
Fair Market Rent (HUD)
$2,560/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,736 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$32,832/yr
At $2,736/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 2.2% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-2.2% YoY, -2.1% MoM), not inventory.
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Demographics

Who lives here

Mount Vernon, NY is majority renter-occupied, 35.9% of residents hold a bachelor's degree or higher.

Population
72,427
Median income
$78,779
Median age
40.7
Renters
57.1%
Age distribution
21.1%
21.9%
26.4%
13.5%
17.1%
Under 1821.1%
18–3421.9%
35–5426.4%
55–6413.5%
65+17.1%
Gender
44.5%
55.5%
Male44.5%
Female55.5%
Race & ethnicity
14.9%
59.8%
21.3%
White14.9%
Black59.8%
Hispanic21.3%
Asian1.9%
Other2.2%
Education (25+)
14.2%
24.8%
25.1%
35.9%
No HS diploma14.2%
HS diploma24.8%
Some college25.1%
Bachelor's+35.9%
Housing tenure
42.9%
57.1%
Owner42.9%
Renter57.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Mount Vernon, NY has changed in 5 years

Rent
$2,048 → $2,736
up 33.6%
Income
$68,300 → $78,779
up 15.3%
Population
72,855 → 72,427
down 0.6%
Renter share
60.6% → 57.1%
-3.5 pts
Bachelor's+
32.1% → 35.9%
+3.8 pts
Median age
41.6 → 40.7
-0.9 yrs

Five years ago, renters in Mount Vernon, NY paid around $2,048 a month. That figure now sits near $2,736, up 33.6% from the 2022 baseline. Census figures show median household income at $78,779 today, compared with $68,300 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 60.6% to 57.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 32.1% to 35.9% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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View Mount Vernon rent history (2015–2026) →
Salary vs rent

Can you afford rent in Mount Vernon on your salary?

At $2,736/mo, how Mount Vernon rent compares to typical pay (30% rule).

By apartment size

Mount Vernon rent by bedroom count

Median rent for each apartment size in Mount Vernon. Click any size for full breakdown.

Local insights

Tips for renters in Mount Vernon

About renting in Mount Vernon, NY

Last updated: August 17, 2026

The median rent in Mount Vernon is $2,736/mo as of August 2026. A studio apartment averages $2,215/mo while a 2-bedroom runs $2,560/mo. One-bedroom apartments average $2,315/mo and 3-bedroom units go for $3,190/mo.

At 42% of local median household income ($78,779/yr), Mount Vernon ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.2% over the past year.

FAQ

Frequently asked questions

Is Mount Vernon an affordable city for renters?

Mount Vernon is considered stretched for renters. At $2,736/mo, rent takes approximately 42% of the local median household income ($78,779/yr). The standard benchmark is 30%. Mount Vernon significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Mount Vernon?

To keep rent at or below 30% of gross income, you would need to earn at least $109,000/year (~$52/hour full-time) to afford the median rent of $2,736/mo in Mount Vernon. The local median household income is $78,779/yr, meaning the typical Mount Vernon household falls short of that threshold.

Is rent going up or down in Mount Vernon?

Rent in Mount Vernon has decreased 2.2% over the past year as of August 2026, offering some relief compared to 12 months ago.

Which Mount Vernon neighborhoods have the lowest rent?

The most affordable ZIP codes in Mount Vernon are 10550 ($2,646/mo), and 10552 ($2,944/mo). Citywide, the median rent in Mount Vernon is $2,736/mo.

How does Mount Vernon rent compare to other cities in New York?

Mount Vernon is middle-of-the-pack for New York for rent, ranking #59 out of 125 tracked cities at $2,736/mo.

What percentage of Mount Vernon residents rent vs. own?

According to Census data, approximately 57.1% of Mount Vernon households are renters, while 42.9% are owner-occupied. With a majority renter population, Mount Vernon has a strong rental market.

How does Mount Vernon rent compare to the national average?

Mount Vernon's median rent of $2,736/mo is $774 (39%) above the US national median of $1,962/mo. Within New York, it ranks #59 out of 125 tracked cities.
Income Affordability
42%
STRETCHED

At $2,736/mo, rent takes ~42% of Mount Vernon's median household income ($78,779/yr). The standard benchmark is 30%.

Mount Vernon 42%Benchmark 30%
State income tax4–10.9%
Run the Mount Vernon affordability calculator →
Lowest-rent ZIP codes in Mount Vernon
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Mount Vernon, NY

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