Mount Vernon, Columbus, Franklin County, OH Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Mount Vernon is $1,284, a 3.66% decrease compared to the previous year, when the average rent was $1,332.
Studio Apartments at $1,099 offer the most budget-friendly option with 507 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 729 square feet for $1,184, balancing privacy and affordability.
Two-beedroom units at $1,347 offer 967 square feet, perfect for roommates or small families.
Average rent in Mount Vernon, Columbus, Franklin County, OH
Last updated: November 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,284 | 858 sq. ft. |
| Studio | $1,099 | 507 sq. ft. |
| 1 Bed | $1,184 | 729 sq. ft. |
| 2 Beds | $1,347 | 967 sq. ft. |
| 3 Beds | n/a | n/a |
Mount Vernon, Columbus, Franklin County, OH rent trends
Rental prices in Mount Vernon, Columbus, Franklin County, OH have decreased by 3.66% over the past year. The average rent moved from $1,332 to $1,284.
What's the typical rent budget in Mount Vernon, Columbus, Franklin County, OH?
The largest share of rentals in Mount Vernon, Columbus, Franklin County, OH (75%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Mount Vernon, Columbus, Franklin County, OH?
2,913 or 68% of the households in Mount Vernon, Columbus, Franklin County, OH are renter-occupied while 1,373 or 32% are owner-occupied.
Most affordable neighborhoods in Mount Vernon?
Franklin Park $827/month
Innis Gardens Village $839/month
Woodland Park $863/month
All of these neighborhoods fall below the city wide average of $1,335/month.Most expensive neighborhoods in Mount Vernon?
Short North $1,900/month
Tuttle Park $2,544/month
Indianola Terrace $2,626/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Columbus, OH By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Indianola Terrace | $2,626 |
| Tuttle Park | $2,544 |
| Short North | $1,900 |
| Greenbriar Farm | $1,883 |
| Peach District | $1,832 |
| Weinland Park | $1,776 |
| Arena District | $1,744 |
| River South | $1,735 |
| Olentangy Commons | $1,720 |
| Dexter Falls | $1,669 |
| Harrison West | $1,635 |
| Columbus City Center | $1,627 |
| Trouville | $1,593 |
| Fifth by Northwest | $1,575 |
| Polaris | $1,553 |
| Dennison Place | $1,552 |
| Italian Village | $1,550 |
| Sawmill Ravines | $1,539 |
| Preserve | $1,538 |
| Livingston - McNaughten | $1,530 |
| Slate Hill | $1,530 |
| Foxbord | $1,529 |
| North Clintonville | $1,521 |
| Franklinton | $1,515 |
| Marble Cliff Crossing - Quarries | $1,507 |
| The Gables | $1,482 |
| Woodstream | $1,480 |
| Scioto Trace | $1,479 |
| Crosswoods | $1,471 |
| Don Scott | $1,465 |
| Brookside Colony | $1,457 |
| Springbourne | $1,424 |
| Holt - Alkire | $1,398 |
| Worthington Village North | $1,350 |
| Old Town East Columbus | $1,347 |
| Bridgeview | $1,300 |
| Discovery District | $1,288 |
| Mount Vernon | $1,284 |
| Strawberry Farms | $1,263 |
| Broadleigh | $1,233 |
| Glenbrook | $1,231 |
| Wexford - Thornapple | $1,224 |
| Northgate | $1,216 |
| Lincoln Park West | $1,214 |
| Gould Park | $1,210 |
| Madison Mills | $1,192 |
| Devonshire | $1,179 |
| Northern Woods | $1,176 |
| Shady Lane | $1,150 |
| Leawood | $1,130 |
| Parkview | $1,124 |
| Sharon Heights | $1,114 |
| Beechwold | $1,109 |
| Eastmoor | $1,100 |
| Riverbend | $1,095 |
| Riverview | $1,083 |
| Berwick Manor | $1,077 |
| Salem Village | $1,070 |
| Northcrest | $1,060 |
| Cherry Creek | $1,053 |
| East Columbus City | $1,051 |
| Woodward Park | $1,046 |
| Forest Park East | $1,045 |
| North Linden | $1,042 |
| Eastland | $1,034 |
| Hilltop | $993 |
| Pine Hills | $988 |
| Framingham | $974 |
| Millbrook | $960 |
| Woodland Park | $863 |
| Innis Gardens Village | $839 |
| Franklin Park | $827 |
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Columbus | Rent Comparison by Neighborhood
Rent in Mount Vernon is 26% lower than in Arena District
$1,284
Mount Vernon rent is the same as Columbus average
Average Rent
$1,284
$1,744
Arena District rent is 36% higher than Columbus average
Average Rent
$1,744
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Mount Vernon apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.