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City Report · OH

Mount Vernon

Pop. 17,052·82nd most expensive in Ohio·One of the most affordable rental markets in the US
Median rent (all units)
$1,342/mo
Year-over-Year
Stable
Month-over-Month
-0.6%
vs US Median
-$623
Falling (Monthly)
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Most AffordableMost Expensive
Mount Vernon · $1,342
More affordable than 85% of US cities · National median $1,965/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $1,342/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.

Income to afford
$54,000/yr
Local median income
$53,845/yr
Based on the 30%-of-income rule using Mount Vernon's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$880
1 BR
$960
2 BR
$1,180
3 BR
$1,420
4 BR+
$1,580
Research median
$1,180/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$16,104/yr
At $1,342/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.6% MoM), not inventory.
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Demographics

Who lives here

Mount Vernon, OH is majority owner-occupied, has a large retiree population, has a median income below the national average, 23.5% of residents hold a bachelor's degree or higher.

Population
17,052
Median income
$53,845
Median age
39
Renters
44.9%
Age distribution
22.1%
22%
25.5%
20.6%
Under 1822.1%
18–3422%
35–5425.5%
55–649.8%
65+20.6%
Gender
47.2%
52.8%
Male47.2%
Female52.8%
Race & ethnicity
90.5%
White90.5%
Black1.3%
Hispanic3.7%
Asian1.3%
Other3.1%
Education (25+)
42.7%
24.7%
23.5%
No HS diploma9.1%
HS diploma42.7%
Some college24.7%
Bachelor's+23.5%
Housing tenure
55.1%
44.9%
Owner55.1%
Renter44.9%

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

2021 vs 2026

How Mount Vernon, OH has changed in 5 years

Income
$49,139 → $53,845
up 9.6%
Population
16,885 → 17,052
up 1.0%
Renter share
47.2% → 44.9%
-2.3 pts
Bachelor's+
24% → 23.5%
-0.5 pts

Median household income rose from $49,139 to $53,845 between 2021 and 2024, a 9.6% shift. The population has grown by 1.0% since 2021, moving from about 16,885 residents to roughly 17,052. Renters now make up 44.9% of households, compared with 47.2% five years ago.

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 $1,342/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, OH

Last updated: July 20, 2026

The median rent in Mount Vernon is $1,342/mo as of July 2026. A studio apartment averages $880/mo while a 2-bedroom runs $1,180/mo. One-bedroom apartments average $960/mo and 3-bedroom units go for $1,420/mo.

At 30% of local median household income ($53,845/yr), Mount Vernon ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Mount Vernon an affordable city for renters?

Mount Vernon is considered moderate for renters. At $1,342/mo, rent takes approximately 30% of the local median household income ($53,845/yr). The standard benchmark is 30%. Mount Vernon slightly exceeds that threshold, so budgeting carefully matters here.

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 $54,000/year (~$26/hour full-time) to afford the median rent of $1,342/mo in Mount Vernon. The local median household income is $53,845/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 been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Mount Vernon rent compare to other cities in Ohio?

Mount Vernon is middle-of-the-pack for Ohio for rent, ranking #82 out of 128 tracked cities at $1,342/mo.

Which nearby cities are cheaper to rent in than Mount Vernon?

Several nearby cities have lower median rents than Mount Vernon ($1,342/mo): Mansfield ($865/mo), Newark ($1,226/mo).

What percentage of Mount Vernon residents rent vs. own?

According to Census data, approximately 44.9% of Mount Vernon households are renters, while 55.1% are owner-occupied. Mount Vernon leans toward homeownership, which can mean a smaller rental inventory.

How does Mount Vernon rent compare to the national average?

Mount Vernon's median rent of $1,342/mo is $623 (32%) below the US national median of $1,965/mo. Within Ohio, it ranks #82 out of 128 tracked cities.
Income Affordability
30%
MODERATE

At $1,342/mo, rent takes ~30% of Mount Vernon's median household income ($53,845/yr). The standard benchmark is 30%.

Mount Vernon 30%Benchmark 30%
State income tax2.75–3.5%
Run the Mount Vernon affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Mount Vernon, OH

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