Cheap Apartments for Rent in Mount Vernon, AR from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mount Vernon.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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West Towne Apartments
2 Bedroom Apartments

West Towne Apartments

2103 W Beebe Capps ExpySearcy, AR 72143
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Orchards at Cabot
1 to 2 Bedroom Apartments

Orchards at Cabot

555 E Mountain Springs RdCabot, AR 72023
Senior Living
  • Utilities Included
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Park Ridge at Conway
1 to 2 Bedroom Apartments

Park Ridge at Conway

1960 Rich Smith LnConway, AR 72032
  • Utilities Included

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Mount Vernon, AR Local Guide

Cheapest Available Mount Vernon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mount Vernon, AR is a Studio unit found at Cadron Commons priced from $545. Fox Run in the Conway neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here is today’s list of the most affordable Mount Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cadron CommonsStudioStudio,1BA$545
Fox RunStandard1BR,1BA$635
GermantownStandard1BR,1BA$635
The Ridge at MeadowlakeA11BR,1BA$705
The Links at Cadron ValleyClassic Deluxe II1BR,1BA$750
The Village Apartments1 Bedroom 1 Bath1BR,1BA$800
University Park Apartments2 Bedroom + 2 Bath2BR,2BA$830
Sentinel of Conway ApartmentsA1 Mesa1BR,1BA$835
Centerstone Apartment HomesOne Bedroom Flat w/Lounge1BR,1BA$850
12 Hundred Place1 Bed 1 Bath-upstairs1BR,1BA$875

Best Value Apartments for Rent in Mount Vernon, AR and Nearby

As of May 17, 2025 the best value apartment in the Mount Vernon area is the $0.48 price per square foot 2BD 2BA Model at 320-330 Griffith St in the in the Conway neighborhood starting from $1,200. The second greatest value Mount Vernon apartment is the D1TH Model at German Oaks Townhomes starting at $1,399 with a $0.90 price per square foot in the Conway neighborhood. Here is today’s list of the best values for Mount Vernon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
320-330 Griffith St2BD 2BA2BR,2BA$0.48
German Oaks TownhomesD1TH3BR,2.5BA$0.90
Village Square of Cabot3 Bedroom/2 Bath3BR,2BA$1.08
Steeplechase ApartmentsPremium 2 Bedroom Apartment Home2BR,2BA$1.02
University Park Apartments2 Bedroom + 2 Bath2BR,2BA$0.87
Rock Creek Conway2 Bedroom2BR,2BA$1.05
Edge at Conway2X22BR,2BA$0.74
Glenrock Apartments2 BR2BR,2BA$1.06
The Village Apartments2 Bedroom 1 Bath2BR,1BA$1.09
Cadron CommonsStudioStudio ,1BA$1.06

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mount Vernon, AR Rentals by Map

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See the most popular apartments and homes in Mount Vernon, AR

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Getting Around Mount Vernon, AR

Walk Score®

1 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Mount Vernon Apartments

What is the Cheapest Studio apartment in Mount Vernon?

Currently the most affordable Cheap Studio Apartment in Mount Vernon is at Cadron Commons listed at $545.

How much is rent for a Cheap One Bedroom Mount Vernon Apartment?

The lowest price for a Cheap One Bedroom Mount Vernon Apartment is $635 at Fox Run.

What is the lowest price for a Cheap Two Bedroom Mount Vernon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mount Vernon is starting from $725 at Fox Run.

What is the most affordable Mount Vernon Three Bedroom Apartment?

The best deal on a cheap Mount Vernon Three Bedroom Apartment rental is at Sentinel of Conway Apartments and starts from $1,060.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.