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- 1 Bed
12631 Spring St, Mount Pleasant, WI 53177
LEO at Mount Pleasant
Frequently Asked Questions
How much does it cost to rent a home in Mount Pleasant, WI?
The median rent for a home in Mount Pleasant, WI is $1,650 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Mount Pleasant, WI?
To comfortably afford the median rent in Mount Pleasant, WI, a household needs to earn roughly $66,000 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 $1,650 per month in Mount Pleasant, WI, renters typically need to show $4,950 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, WI?
In Mount Pleasant, WI, the price-to-rent ratio is 17.7, 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.
What neighborhoods in Mount Pleasant, WI are best for renting a home?
The best neighborhood for renting in Mount Pleasant, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Wustum Park, School Section-Towerview and Downtown Racine, each with its own character and price range.
