Mount Vernon, IL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Mount Vernon short-term rental market based on reliable data.

Listings

39 / 55

Reliable / Active

Cap Rate

18%

Middle-Earners Gross Yield

Revenue

$22,876

Middle-Earners Revenue

Occupancy

68%

Middle-Earners Occupancy

Home Value

$129,300

Median Home Sale Price

Top Earners

$34,471

Top-Earners Revenue

Mount Vernon

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Mount Vernon.

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C

Challenging to Investors

Mount Vernon Regulations

STRs appear likely permitted inside Vernon’s limits, but the city has no published rules, fees, or caps, and adjacent Vernon Hills and Lake County prohibit STRs, creating uncertainty that deters investment due to unknown zoning enforcement and compliance processes.

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About Mount Vernon

Mount Vernon is a city in and the county seat of Jefferson County, Illinois, United States. The population was 14,600 at the 2020 census. Mount Vernon is the principal city of the Mount Vernon Micropolitan Statistical Area, which includes all of Jefferson and Hamilton counties.

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