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Rental Market Trends in Mount Pleasant, MI

Updated September 2026

The average rent in Mount Pleasant, MI is $920/month.

Rent in Mount Pleasant is 45% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$920/month

Average Rent

676 Sq Ft

Average Size

+0.1%

Change / Year

100

Available Apartments

Mount Pleasant rent varies by unit size and layout:

  • Studio apartments in Mount Pleasant average $1,067 per month.
  • One-bedroom apartments in Mount Pleasant average $920 per month.
  • Two-bedroom apartments in Mount Pleasant average $1,000 per month.
  • Three-bedroom apartments in Mount Pleasant average $1,296 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,067/month
448 Sq Ft
One Bedroom
$920/month
676 Sq Ft
Two Bedroom
$1,000/month
882 Sq Ft
Three Bedroom
$1,296/month
1,114 Sq Ft
View Mount Pleasant Apartments

How much has average rent changed in Mount Pleasant, MI?

In the past year, rent has increased by 0.1%, which averages out to $2 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Mount Pleasant, MI

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Mount Pleasant, MI
Percentage*
Rent Range
8% Below $700/month
44% $700 - $1,000/month
44% $1,001 - $1,500/month
4% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Mount Pleasant, MI?

Because the average rent in Mount Pleasant is $920, you’ll want to make about $3,066 per month or $36,792 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Mount Pleasant, MI

100 Available Apartments for Rent

Search for Nearby Apartments

How does Mount Pleasant, MI compare to other nearby cities and neighborhoods?

Use the tool below to compare Mount Pleasant, MI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Mount Pleasant Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Clare

    Clare

    Avg Rent: $996/month

  • Alma

    Alma

    Avg Rent: $707/month

  • Farwell

    Farwell

    Avg Rent: $750/month

Apartment Communities in Mount Pleasant We Think You'll Love

Village at Bluegrass

Village at Bluegrass

4300 Collegiate Way,
Mount Pleasant, MI 48858

2-4 Beds | $375 - $550

Cherry Street Town Houses

Cherry Street Town Houses

410 W Cherry St,
Mount Pleasant, MI 48858

4 Beds | $1,300

Michigan Edgewood

Michigan Edgewood

1815 Edgewood Dr,
Mount Pleasant, MI 48858

4 Beds | $1,300

Canterbury East Apartments

Canterbury East Apartments

1517 Canterbury Trl,
Mount Pleasant, MI 48858

1-2 Beds | $925 - $1,075

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Frequently Asked Questions

What is the average rent in Mount Pleasant?

The average rent in Mount Pleasant is $920 per month, which is 44.7% lower than the national average of $1,665.

Are rents going up or down in Mount Pleasant?

Rents in Mount Pleasant, MI are increasing, with prices up 0.1% year-over-year and $2 more per month.

What rent range is most common in Mount Pleasant?

In Mount Pleasant, MI, 44% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Michigan Mount Pleasant Rental Trends

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 September 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity