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Mount Pleasant, MI

Area Guide

Avg Rent

$951

Population

19,662

Renter Mix

63% Rent

Have a pleasant time in this Michigan city

River Outdoors University

Mount Pleasant, Michigan centers around Central Michigan University, which brings approximately 20,000 students to the community during the academic year. Located in the heart of central Michigan, this welcoming city spans 7.8 square miles and offers diverse rental options throughout its neighborhoods. The rental market shows steady growth, with current average rents ranging from $890 for one-bedroom units to $1,413 for four-bedroom homes. Recent trends indicate moderate increases across all unit sizes, with studio apartments seeing the most significant jump at 19.4% year-over-year growth.

The city's downtown historic district preserves its rich heritage while offering modern conveniences, and the Chippewa River provides opportunities for walking, fishing, and outdoor recreation. The community comes alive during Central Michigan University football games at Kelly/Shorts Stadium, and residents enjoy year-round entertainment at the Soaring Eagle Casino & Resort. Mount Pleasant earned its nickname as the "Oil Capital of Michigan" following the discovery of significant oil deposits in 1928, which appears on the city seal today. Notable areas include the Mission Street corridor with its shopping destinations, the walkable historic downtown district, and the neighborhoods surrounding Central Michigan University.

Demographics

Median Household Income

$44,279

Average: $61,832

Education

7,776

Residents Have a Degree

Job Market

9,568

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

30 Years

Largest Age Group

20-29 Years

Approximately 27% of Residents

Under 20

24%

Over 65

13%

Housing Distribution

Mount Pleasant has more renters than homeowners.

Renters
63%
Non-Renters
37%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
29%
Other Education
71%

Rent Trends

As of May 2026, the average apartment rent in Mount Pleasant, MI is $1,046 for a studio, $953 for one bedroom, $1,009 for two bedrooms, and $1,254 for three bedrooms. Apartment rent in Mount Pleasant has increased by 1.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$953/month
684 Sq Ft
House
$1,118/month
810 Sq Ft
See Rental Market Trends in Mount Pleasant, MI

Getting Around

Fairly Walkable

Walkability

50 / 100

Exceptionally Drivable

Drivability

100 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Beal City Elementary School

Public

Grades K-5

280 Students

Fancher School

Public

Grades K-5

444 Students

Renaissance Public School Academy

Public

Grades K-8

435 Students

Mary Mcguire School

Public

Grades K-5

271 Students

Pullen Elementary School

Public

Grades PK-5

290 Students

Beal City High School

Public

Grades 6-12

372 Students

Mt Pleasant Middle School

Public

Grades 6-8

652 Students

Renaissance Public School Academy

Public

Grades K-8

435 Students

Giresd Center Programs

Public

Grades PK-12

231 Students

Mt. Pleasant Senior High School

Public

Grades 9-12

1,020 Students

Beal City High School

Public

Grades 6-12

372 Students

Giresd Center Programs

Public

Grades PK-12

231 Students

Points of Interest

Parks and Recreation

  • Museum of Cultural and Natural History

Military Bases

Airports

  • MBS International

Top Apartments in Mount Pleasant

Houses for Rent in Mount Pleasant

Property Management Companies in Mount Pleasant, MI

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.