States › Ohio › Mount Vernon

Is Mount Vernon, OH expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,21231% lower than U.S. average
💵 Families earn per year (2026)$58,072about $4,839/month · 33% lower than U.S. average
🔑 House price$174,00048% lower than U.S. average

Rent is lower than in 75% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.4 minutes.

How much money do I need?

To rent here comfortably, you should earn about $48,480 a year. That is $23 an hour at a full-time job.

Is rent cheaper than other Ohio cities?

Yes. Rent here is cheaper than in most of Ohio. It is number 129 of 288 cities from cheapest to most expensive.

Mount Vernon
$1,212
$1,084
$3,500+

How much do households earn in Mount Vernon?

Under $25k
19.4%
$25k–50k
28.9%
$50k–100k
32.6%
$100k–150k
8.8%
$150k+
5.1%

Share of households by yearly income. 13.9% of households earn $100,000 or more.

Rent by apartment size in Mount Vernon

SizeMount VernonU.S. average
Studio$652$1,338
1 bedroom$840$1,324
2 bedrooms$1,085$1,509
3 bedrooms$1,214$1,698
4 bedrooms$1,469$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Mount Vernon overall?

Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).

Housing
73
Goods (food, clothes…)
94
Utilities
96
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Mount Vernon, so the Ohio figure is shown.

Taxes and bills in Mount Vernon

🏛️ Property tax$1,800a year · 1.03% of home value · U.S. $3,119
⚡ Electric bill$111a month (typical) · U.S. $156

Life in Mount Vernon

Commute to work18.4 minU.S.: 26.4 min
College degree23.5%U.S.: 35.7%
Own their home55.1%U.S.: 65.2%
Below poverty line21.9%U.S.: 12.5%
Unemployment2.8%U.S.: 5.2%

Is it cheaper to rent or buy in Mount Vernon?

About the same. Renting and owning cost within $5 of each other each month.

Renting
$1,212
Owning
$1,207

Owning assumes a typical $174,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,400 for the down payment.

Frequently asked questions

What is the average rent in Mount Vernon, OH?

Renting in Mount Vernon costs a median of about $1,212 a month in 2026, including utilities. The Ohio median is $1,261.

How much do I need to make to live in Mount Vernon?

To keep rent under 30% of income, you need about $48,480 a year, or $23 an hour at a full-time job.

Is Mount Vernon cheap or expensive?

Mount Vernon is rated OK: rent takes 25.0% of the typical household income of $58,072. It ranks 129th cheapest of 288 Ohio cities we track.

How much are property taxes in Mount Vernon?

The median homeowner in Mount Vernon pays $1,800 a year in property taxes, about 1.03% of the median home value.

Is Mount Vernon more expensive than the national average?

Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Mount Vernon?

The median home value in Mount Vernon is $174,000, about 3.0 times the typical yearly household income.

17,052 people live in Mount Vernon. Numbers are typical (middle) values.