YieldBadger

Rent in Mount Vernon, IL

A 2-bedroom in Mount Vernon, IL (ZIP 62864) typically rents for about $935 a month, with a range of $935–$994. Owner-occupied homes in Jefferson County pay about 1.70% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Mount Vernon, IL by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$855$761–$8551
1 bed$759$759–$7661
2 beds$935$935–$9941
3 beds$1,019$1,019–$1,1861
4 beds$1,320$1,3201

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Mount Vernon ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Mount Vernon, IL?
About $935 a month: the median of the typical rents in 1 ZIP code, which range from $935–$994. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Mount Vernon, IL?
About $759 a month: the median of the typical rents in 1 ZIP code, which range from $759–$766. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Mount Vernon, IL?
About $1,019 a month: the median of the typical rents in 1 ZIP code, which range from $1,019–$1,186. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Mount Vernon, IL?
About $855 a month: the median of the typical rents in 1 ZIP code, which range from $761–$855. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Mount Vernon, IL?
About $1,320 a month: the median of the typical rents in 1 ZIP code, which range from $1,320. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Mount Vernon, IL?
Owner-occupied homes in Jefferson County pay a typical 1.70% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Mount Vernon rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).