Rents are 7% above what Mount Pleasant's 10-year trend predicts — running hotter than its own history.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,123 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Mount Pleasant is at its highest level since Zillow's records here began in August 2023.
Rent in Mount Pleasant changed +12.8% over the year to September 2026. Across the 79 Michigan cities Zillow tracks, the typical change was +4.1%.
Rent has risen 3 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($44,706) is $1,118 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($970); a 3-bedroom is $1,270.
From Zillow's monthly rent index (ZORI) for Mount Pleasant. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Mount Pleasant, MI is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 42.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Mount Pleasant, MI has changed in 5 years
Household income in the area moved from $40,890 to $44,706 across the same window, up 9.3% versus 2021. Census counts show Mount Pleasant, MI losing about 644 residents over the five-year window, down 2.9% on net. The renter share has risen from 61.7% to 64.3%, with owner-occupied housing accounting for the remainder.
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Can you afford rent in Mount Pleasant on your salary?
At $1,123/mo, how Mount Pleasant rent compares to typical pay (30% rule).
Mount Pleasant rent by bedroom count
Median rent for each apartment size in Mount Pleasant. Click any size for full breakdown.
Tips for renters in Mount Pleasant
Last updated: October 17, 2026
The median rent in Mount Pleasant is $1,123/mo as of October 2026. A studio apartment averages $810/mo while a 2-bedroom runs $970/mo. One-bedroom apartments average $820/mo and 3-bedroom units go for $1,270/mo.
At 30% of local median household income ($44,706/yr), Mount Pleasant ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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Is rent going up or down in Mount Pleasant?
How does Mount Pleasant rent compare to other cities in Michigan?
Which nearby cities are cheaper to rent in than Mount Pleasant?
At $1,123/mo, rent takes ~30% of Mount Pleasant's median household income ($44,706/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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