ZIP Code · WI

ZIP 53406

Pop. 25,778·Racine County·29th most expensive ZIP in Wisconsin
Median rent (all units)
$1,649/mo
Year-over-Year
+1.2%
Month-over-Month
-1.7%
vs US Median
-$316
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 53406 · $1,649
More affordable than 63% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$830
1 BR
$960
2 BR
$1,200
3 BR
$1,550
4 BR+
$1,910
Research median
$1,200/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
$19,788/yr
At $1,649/mo median
Location
StateWI
CountyRacine County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 1.2% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+1.2% YoY, -1.7% MoM), not inventory.
Demographics

Who lives here

ZIP 53406 (Mount Pleasant, WI) is majority owner-occupied, has a large retiree population, 34.5% of residents hold a bachelor's degree or higher.

Population
25,778
Median income
$82,792
Median age
44.8
Renters
29.2%
Age distribution
20.3%
18.5%
23.9%
14.6%
22.7%
Under 1820.3%
18–3418.5%
35–5423.9%
55–6414.6%
65+22.7%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
75.6%
White75.6%
Black8.9%
Hispanic10.7%
Asian2.5%
Other2.3%
Education (25+)
25.6%
34%
34.5%
No HS diploma5.9%
HS diploma25.6%
Some college34%
Bachelor's+34.5%
Housing tenure
70.8%
29.2%
Owner70.8%
Renter29.2%

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

2021 vs 2026

How ZIP 53406 in Mount Pleasant, WI has changed in 5 years

Income
$69,699 → $82,792
up 18.8%
Population
26,116 → 25,778
down 1.3%
Renter share
27.9% → 29.2%
+1.3 pts
Bachelor's+
30.8% → 34.5%
+3.7 pts
Median age
44.2 → 44.8
+0.6 yrs

Local incomes tracked alongside that move, going from a median of $69,699 in 2021 to $82,792 more recently. Headcount in the area went from 26,116 to 25,778 between 2021 and 2024, a 1.3% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 30.8% to 34.5%.

Community

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Local insights

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About renting in ZIP 53406

Last updated: July 20, 2026

ZIP code 53406 covers Mount Pleasant, WI. The median rent here is $1,649/mo as of July 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,200/mo.

At 24% of local median household income ($82,792/yr), ZIP 53406 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 53406?

As of July 20, 2026, the median monthly rent in ZIP 53406 (Mount Pleasant, WI) is $1,649. This is based on aggregated data from public sources and community submissions.

How does ZIP 53406 rent compare to the US average?

ZIP 53406's median rent of $1,649/mo is $316 (16%) below the US national median of $1,965/mo.

How does ZIP 53406 compare to other ZIPs in Wisconsin?

ZIP 53406 is one of the pricier ZIP codes in Wisconsin, ranking #29 out of 107 ZIPs tracked at $1,649/mo.

How much income do you need to rent in ZIP 53406?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,649/mo in ZIP 53406. The local median household income is $82,792/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 53406?

Rent in ZIP 53406 has increased 1.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 53406 an affordable place to rent?

ZIP 53406 is considered very affordable for renters. At $1,649/mo, rent takes approximately 24% of the local median household income ($82,792/yr). The standard benchmark is 30%. ZIP 53406 falls comfortably within that range.

What percentage of ZIP 53406 residents rent vs. own?

According to Census data, approximately 29.2% of ZIP 53406 households are renters, while 70.8% are owner-occupied. ZIP 53406 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 53406 compare to the rest of Mount Pleasant?

ZIP 53406 is more affordable than Mount Pleasant overall. At $1,649/mo, it's $31 below the Mount Pleasant citywide median of $1,680/mo.

When was rent data for ZIP 53406 last updated?

Rent data for ZIP 53406 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,649/mo, rent takes ~24% of ZIP 53406's median household income ($82,792/yr). The standard benchmark is 30%.

ZIP 53406 24%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

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