ZIP Code · WI

ZIP 53406

Part of Mount Pleasant, WI

Pop. 25,778·Racine County·27th most expensive ZIP in Wisconsin

Median rent (all units)

$1,640/mo

Year-over-Year

+6.8%

Month-over-Month

+0.4%

vs US Median

-$292

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 53406 · $1,640

More affordable than 63% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Wisconsin

Rent in ZIP 53406 changed +6.8% over the year to September 2026. Across the 71 Wisconsin ZIP codes Zillow tracks, the typical change was +5.6%.

Recent direction

Rent has risen 7 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($82,792) is $2,070 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,910).

Cheaper nearby

ZIP 53405, 2 miles away, rents for 11% less ($1,458/mo), about $2,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 53406. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,680/yr

At $1,640/mo median

Location

CityMount Pleasant

StateWI

CountyRacine County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.8% YoY, +0.4% 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

Tips for renters in ZIP 53406

About renting in ZIP 53406

Last updated: October 17, 2026

ZIP code 53406 covers Mount Pleasant, WI. The median rent here is $1,640/mo as of October 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 6.8% over the past year.

FAQ

Frequently asked questions

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 (about $32/hour full-time) to afford the median rent of $1,640/mo in ZIP 53406. The local median household income is $82,792/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 53406?

Rent in ZIP 53406 has risen 6.8% over the past year.

How does ZIP 53406 compare to other ZIPs in Wisconsin?

ZIP 53406 is one of the pricier among Wisconsin ZIP codes for rent, ranking #27 of 103 at $1,640/mo. Over the year to September 2026, rent in ZIP 53406 changed +6.8%, against a typical +5.6% across the 71 Wisconsin ZIP codes Zillow tracks.