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Newest Homes for Rent in Mount Pleasant, IA

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    $1,800 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    1327 E Monroe St, Mount Pleasant, IA 52641

    Attention people in Mount Pleasant area: If you or someone you know is looking for a nice condo to rent I have the perfect place for you. It is located on E Monroe St behind the ALDI\'s on the east side of town. Close proximity to multiple grocery stores, Hy-Vee pharmacy and many other services. Very nice quite neighborhood (many retired couples). Would be perfect for an older couple trying to

    1327 E Monroe St, Mount Pleasant, IA 52641
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    $1,800 Per Month

    • 2 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • Townhouse for Rent

    602 W Monroe St, Mount Pleasant, IA 52641

    Monroe St Town-Homes are BRAND NEW luxury town-homes on the west side of Mount Pleasant very close to the town-square, restaurants, shops and weekend events. It is also a 2 block walk away from the public pool and park. The units are 2 bedroom 2 bathroom and have spacious 2 car garages. Units have granite countertops, 4.25 inch trim, Holiday Cabinets, walk-in closest, patio, appliances and in

    602 W Monroe St, Mount Pleasant, IA 52641

Frequently Asked Questions

How much does it cost to rent a home in Mount Pleasant, IA?
The median rent for a home in Mount Pleasant, IA is $1,800 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Mount Pleasant, IA?
To comfortably afford the median rent in Mount Pleasant, IA, a household needs to earn roughly $72,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,800 per month in Mount Pleasant, IA, renters typically need to show $5,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Mount Pleasant, IA?
In Mount Pleasant, IA, the price-to-rent ratio is 8.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Mount Pleasant, IA

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,800
Median Single Family Home Rent
$1,800
Median Townhouse Rent
$1,800
How to Rent a Home