How much does it cost to rent in Mount Pleasant, MI?

As of July 2026, the median monthly rent in Mount Pleasant, MI is $1,010. This figure is based on aggregated data from public sources and community-submitted rents.

Is Mount Pleasant cheaper than other Michigan cities?

Mount Pleasant is among the more affordable cities in Michigan, ranking #93 out of 95 cities at $1,010/mo.

When was Mount Pleasant rent data last updated?

Mount Pleasant rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · MI

Mount Pleasant

Name: Average Rent Prices in Mount Pleasant, MI
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 21,236·93rd most expensive in Michigan·One of the most affordable rental markets in the US

Median rent (all units)

$1,010/mo

Year-over-Year

Stable

Month-over-Month

-1.3%

vs US Median

-$955

Falling (Monthly)

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Most AffordableMost Expensive

Mount Pleasant · $1,010

More affordable than 98% of US cities · National median $1,965/mo

Affordability

27% of income

AFFORDABLE

0%30% benchmark60%+

At $1,010/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$40,000/yr

Local median income

$44,706/yr

Based on the 30%-of-income rule using Mount Pleasant's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$810

1 BR

$820

2 BR

$970

3 BR

$1,270

4 BR+

$1,300

Research median

$970/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost

$12,120/yr

At $1,010/mo median

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 0.0% YoY), so renters have negotiating leverage.

Based on rent-price momentum (+0.0% YoY, -1.3% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

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.

Population

21,236

Median income

$44,706

Median age

23.9

Renters

64.3%

Age distribution

57.1%

15.9%

Under 1810.8%

18–3457.1%

35–5415.9%

55–646.9%

65+9.2%

Gender

46.8%

53.2%

Male46.8%

Female53.2%

Race & ethnicity

80.2%

White80.2%

Black5.1%

Hispanic6.3%

Asian3.6%

Other4.8%

Education (25+)

21.4%

29.2%

42.9%

No HS diploma6.6%

HS diploma21.4%

Some college29.2%

Bachelor's+42.9%

Housing tenure

35.7%

64.3%

Owner35.7%

Renter64.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Mount Pleasant, MI has changed in 5 years

Income

$40,890 → $44,706

up 9.3%

Population

21,880 → 21,236

down 2.9%

Renter share

61.7% → 64.3%

+2.6 pts

Bachelor's+

44.3% → 42.9%

-1.4 pts

Median age

22.7 → 23.9

+1.2 yrs

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.

Community

Discussions about Mount Pleasant

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View Mount Pleasant rent history (2015–2026) →

Salary vs rent

Can you afford rent in Mount Pleasant on your salary?

At $1,010/mo, how Mount Pleasant rent compares to typical pay (30% rule).

Registered Nurse

Avg $90,701/yr · Rent = 13.4% income

very comfortable

Elementary School Teacher

Avg $64,397/yr · Rent = 18.8% income

very comfortable

Police Officer

Avg $74,179/yr · Rent = 16.3% income

very comfortable

Software Developer

Avg $132,586/yr · Rent = 9.1% income

very comfortable

Lawyer

Avg $169,411/yr · Rent = 7.2% income

very comfortable

Firefighter

Avg $60,298/yr · Rent = 20.1% income

affordable

Truck Driver

Avg $54,442/yr · Rent = 22.3% income

affordable

Electrician

Avg $67,104/yr · Rent = 18.1% income

very comfortable

By apartment size

Mount Pleasant rent by bedroom count

Median rent for each apartment size in Mount Pleasant. Click any size for full breakdown.

Local insights

Tips for renters in Mount Pleasant

About renting in Mount Pleasant, MI

Last updated: July 20, 2026

The median rent in Mount Pleasant is $1,010/mo as of July 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 27% of local median household income ($44,706/yr), Mount Pleasant ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Mount Pleasant an affordable city for renters?

Mount Pleasant is considered affordable for renters. At $1,010/mo, rent takes approximately 27% of the local median household income ($44,706/yr). The standard benchmark is 30%. Mount Pleasant falls comfortably within that range.

How much income do you need to rent in Mount Pleasant?

To keep rent at or below 30% of gross income, you would need to earn at least $40,000/year (~$19/hour full-time) to afford the median rent of $1,010/mo in Mount Pleasant. The local median household income is $44,706/yr, meaning the typical Mount Pleasant household meets that threshold.

Is rent going up or down in Mount Pleasant?

Rent in Mount Pleasant has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Mount Pleasant rent compare to other cities in Michigan?

Mount Pleasant is one of the more affordable cities in Michigan for rent, ranking #93 out of 95 tracked cities at $1,010/mo.

What percentage of Mount Pleasant residents rent vs. own?

According to Census data, approximately 64.3% of Mount Pleasant households are renters, while 35.7% are owner-occupied. With a majority renter population, Mount Pleasant has a strong rental market.

How does Mount Pleasant rent compare to the national average?

Mount Pleasant's median rent of $1,010/mo is $955 (49%) below the US national median of $1,965/mo. Within Michigan, it ranks #93 out of 95 tracked cities.

Income Affordability

27%

AFFORDABLE

At $1,010/mo, rent takes ~27% of Mount Pleasant's median household income ($44,706/yr). The standard benchmark is 30%.

Mount Pleasant 27%Benchmark 30%

State income tax4.25%

Run the Mount Pleasant affordability calculator →

Nearby cities