City Report · WA

Mount Vernon

Pop. 35,377·42nd most expensive in Washington·Mount Vernon rents are up 13.9% over the past year
Median rent (all units)
$2,217/mo
Year-over-Year
+13.9%
Month-over-Month
+6.4%
vs US Median
+$255
Rising (Monthly)
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Most AffordableMost Expensive
Mount Vernon · $2,217
More expensive than 70% of US cities · National median $1,962/mo
Rent Reality Score
35/100
Overpriced
OverheatedFairGreat value

Rents are 7% above what Mount Vernon's 10-year trend predicts — running hotter than its own history.

Actual rent
$2,217/mo
Expected by trend
$2,067/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
$1,340
1 BR
$1,500
2 BR
$1,960
3 BR
$2,750
4 BR+
$2,990
Fair Market Rent (HUD)
$1,960/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,217 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
$26,604/yr
At $2,217/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 13.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+13.9% YoY, +6.4% MoM), not inventory.
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Demographics

Who lives here

Mount Vernon, WA is majority owner-occupied, 27.9% of residents hold a bachelor's degree or higher.

Population
35,377
Median income
$75,777
Median age
36
Renters
39.7%
Age distribution
24.7%
23.5%
23.3%
18.4%
Under 1824.7%
18–3423.5%
35–5423.3%
55–6410.1%
65+18.4%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
60.1%
36.8%
White60.1%
Black1.4%
Hispanic36.8%
Asian3.3%
Education (25+)
23.9%
36.5%
27.9%
No HS diploma11.6%
HS diploma23.9%
Some college36.5%
Bachelor's+27.9%
Housing tenure
60.3%
39.7%
Owner60.3%
Renter39.7%

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

2023 vs 2026

How Mount Vernon, WA has changed in 5 years

Rent
$1,802 → $2,217
up 23.0%
Income
$62,706 → $75,777
up 20.8%
Population
34,824 → 35,377
up 1.6%
Renter share
37.4% → 39.7%
+2.3 pts
Bachelor's+
25.4% → 27.9%
+2.5 pts
Median age
33.9 → 36
+2.1 yrs

Across the past five years, the going rent in Mount Vernon, WA has shifted from $1,802 to $2,217, up 23.0% since 2023. Census figures show median household income at $75,777 today, compared with $62,706 five years earlier. Census counts show Mount Vernon, WA adding about 553 residents over the five-year window, up 1.6% on net. The renter share has risen from 37.4% to 39.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 25.4% to 27.9% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

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 $2,217/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, WA

Last updated: August 17, 2026

The median rent in Mount Vernon is $2,217/mo as of August 2026. A studio apartment averages $1,340/mo while a 2-bedroom runs $1,960/mo. One-bedroom apartments average $1,500/mo and 3-bedroom units go for $2,750/mo.

At 35% of local median household income ($75,777/yr), Mount Vernon ranks as moderate compared to the national benchmark of 30%. Rents have increased 13.9% over the past year.

FAQ

Frequently asked questions

Is Mount Vernon an affordable city for renters?

Mount Vernon is considered moderate for renters. At $2,217/mo, rent takes approximately 35% of the local median household income ($75,777/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 $89,000/year (~$43/hour full-time) to afford the median rent of $2,217/mo in Mount Vernon. The local median household income is $75,777/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 increased 13.9% over the past year as of August 2026, putting upward pressure on renter budgets.

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

Mount Vernon is middle-of-the-pack for Washington for rent, ranking #42 out of 110 tracked cities at $2,217/mo.

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

Several nearby cities have lower median rents than Mount Vernon ($2,217/mo): Sedro-Woolley ($1,924/mo), Burlington ($2,125/mo), Arlington ($2,211/mo).

What percentage of Mount Vernon residents rent vs. own?

According to Census data, approximately 39.7% of Mount Vernon households are renters, while 60.3% 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 $2,217/mo is $255 (13%) above the US national median of $1,962/mo. Within Washington, it ranks #42 out of 110 tracked cities.
Income Affordability
35%
MODERATE

At $2,217/mo, rent takes ~35% of Mount Vernon's median household income ($75,777/yr). The standard benchmark is 30%.

Mount Vernon 35%Benchmark 30%
State income taxNone
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Neighborhoods

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Public schools near Mount Vernon, WA

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