Real Estate Investing in Mount Vernon, Iowa

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 6,048 • Linn County

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Should you buy in Mount Vernon, IA? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (62/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.0% vacancy may signal weakening demand.

What’s happening in Mount Vernon, IA?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.7% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $356,878
Avg Monthly Rent $900
ZIP Codes 1

Investing in Mount Vernon Real Estate

Mount Vernon in Iowa is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Mount Vernon is in that category.

Rent trends and price trends in Mount Vernon are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Iowa.

Distressed-leaning demographics in Mount Vernon — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Cedar Rapids, IA

Mount Vernon is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$356,878
Avg Monthly Rent
$900
1% Rule
✗ Below
Landlord Friendly (IA)

📉 Market Crash Risk Index

Based on Cedar Rapids, IA metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
46%
Days Pending
1/2
41 days

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❄️ Cool Market — Cedar Rapids, IA metro
41
Days to pending
10.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Mount Vernon

1 College 1,084 Students
C+
Cornell College
4-Year Private · 1,084 students

ZIP Codes in Mount Vernon, IA

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Frequently Asked Questions About Mount Vernon, IA

How does Mount Vernon, IA rate as a rental market?

Our data puts Mount Vernon, IA at 3.0/5 for investability. Home prices of $357K and rents around $900/mo create a solid backdrop for investor activity.

Where do rents currently stand in Mount Vernon, IA?

Expect rents around $900/mo per month in Mount Vernon, IA. With home values at $357K, the yield math works out to reasonable levels for rental investors.

What strategy should investors use in Mount Vernon, IA?

In Mount Vernon, IA the solid play is typically careful cash-flow rentals with hands-on management. The combination of $357K prices and $900/mo rents suits that approach.

Is vacancy a concern in Mount Vernon, IA?

Mount Vernon, IA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

Is rental property easy to operate in Mount Vernon, IA?

IA law landlord-friendly for landlords, and Mount Vernon inherits those rules. Investors should still review local ordinances for rental licensing.

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