Rent Tracker
Rent Inflation in Mount Vernon, WA
The average asking rent in Mount Vernon, WA is $2,240/month as of 2026-08. That is +4.9% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$2,240/mo
as of 2026-08
Year-over-Year Change
+4.9%
24-Month Rent Trend
Monthly ZORI index values for Mount Vernon, WA.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $2,240 | +0.31% |
| 2026-07 | $2,233 | +0.50% |
| 2026-06 | $2,222 | +0.50% |
| 2026-05 | $2,211 | +0.09% |
| 2026-04 | $2,209 | +0.82% |
| 2026-03 | $2,191 | -0.14% |
| 2026-02 | $2,194 | +2.52% |
| 2026-01 | $2,140 | +1.18% |
| 2025-12 | $2,115 | +0.52% |
| 2025-11 | $2,104 | -0.94% |
| 2025-10 | $2,124 | -0.79% |
| 2025-09 | $2,141 | +0.28% |
| 2025-08 | $2,135 | -0.28% |
| 2025-07 | $2,141 | +0.90% |
| 2025-06 | $2,122 | +1.63% |
| 2025-05 | $2,088 | +0.24% |
| 2025-04 | $2,083 | +0.10% |
| 2025-03 | $2,081 | -1.42% |
| 2025-02 | $2,111 | +0.38% |
| 2025-01 | $2,103 | -0.14% |
| 2024-12 | $2,106 | +0.67% |
| 2024-11 | $2,092 | -0.57% |
| 2024-10 | $2,104 | +0.29% |
| 2024-09 | $2,098 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices