Apartments in Mount Vernon

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23607 Gaven Rd Mount Vernon, WA
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How much does it cost to rent an apartment in Mount Vernon?

Mount Vernon Apartments
Bed Type Average Rent Range
Studio $1,850 $1,250 - $1,900
1BR $1,380 $1,380 - $2,300
2BR $1,800 $1,610 - $2,210
3BR $2,700 $2,400 - $3,000
4+BR $2,900 $2,700 - $3,700

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Mount Vernon:
December Rent Report

Welcome to the December 2024 Mount Vernon Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Mount Vernon rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Mount Vernon and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Mount Vernon average rent prices in the chart below.

Monthly Rent Report

$1,900
$1,430
$950
$480
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Mount Vernon Rent Prices Increase From November to December

Mount Vernon rent prices increased over the last month. From November to December, the city experienced a 15.09% increase for the price of a one-bedroom apartment. The rent price for a Mount Vernon one-bedroom apartments currently stands at $1,815.0.

When we take a look at the two-bedroom comparison from November to December, Mount Vernon experienced a -0.84% decrease for the price of a two-bedroom apartment. The rent price for a Mount Vernon two-bedroom apartments currently stands at $1,766.0.

December Prices: Mount Vernon vs. Surrounding Areas

Arlington, WA
Stanwood, WA
Anacortes, WA
Marysville, WA
Mount Vernon, WA
Oak Harbor, WA
$1,753
$1,703
$1,695
$1,620
$1,350
$1,321
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Mount Vernon and Surrounding Areas

Rent prices have increased in Mount Vernon over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Mount Vernon suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Marysville, WA, Oak Harbor, WA .

  • Rent decreased in Arlington, WA, Anacortes, WA, Stanwood, WA.

  • 5 suburbs are currently priced lower than the city of Mount Vernon.

December 2024 Pricing Trends: Mount Vernon vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Mount Vernon, WA
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,350
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Mount Vernon Rent Prices More Affordable Than Major Cities

Rent growth in Mount Vernon over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Mount Vernon average rent prices appear to be relatively affordable for local residents.

The price for a Mount Vernon one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Mount Vernon and surrounding area rent prices, take a look at the complete data set below.

Data set for Mount Vernon and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Marysville, WA $1,620.0 0.62% $1,941.0 -0.10%
Oak Harbor, WA $1,321.0 6.28% $1,627.0 0.93%
Mount Vernon, WA $1,350.0 0.90% $1,780.0 1.48%
Arlington, WA $1,753.0 -0.34% $1,867.0 1.30%
Anacortes, WA $1,695.0 0.00% $2,143.0 -2.50%
Stanwood, WA $1,703.0 -5.39% $1,856.0 3.57%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.