salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 14 minutes.
How much money do I need?
To rent here comfortably, you should earn about $37,720 a year. That is $18 an hour at a full-time job.
Is rent cheaper than other Iowa cities?
Yes. Rent here is cheaper than in most of Iowa. It is number 28 of 86 cities from cheapest to most expensive.
How much do households earn in Mount Pleasant?
Share of households by yearly income. 16.3% of households earn $100,000 or more.
Rent by apartment size in Mount Pleasant
| Size | Mount Pleasant | U.S. average |
|---|---|---|
| Studio | $425 | $1,338 |
| 1 bedroom | $698 | $1,324 |
| 2 bedrooms | $965 | $1,509 |
| 3 bedrooms | $1,243 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Mount Pleasant overall?
Everyday prices in Iowa overall are 12% below the U.S. average (index 87.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Mount Pleasant, so the Iowa figure is shown.
Taxes and bills in Mount Pleasant
Life in Mount Pleasant
Is it cheaper to rent or buy in Mount Pleasant?
Renting is cheaper right now: about $173 a month less.
Owning assumes a typical $160,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,090 for the down payment.
Frequently asked questions
What is the average rent in Mount Pleasant, IA?
Renting in Mount Pleasant costs a median of about $943 a month in 2026, including utilities. The Iowa median is $1,071.
How much do I need to make to live in Mount Pleasant?
To keep rent under 30% of income, you need about $37,720 a year, or $18 an hour at a full-time job.
Is Mount Pleasant cheap or expensive?
Mount Pleasant is rated Cheap: rent takes 17.2% of the typical household income of $65,834. It ranks 28th cheapest of 86 Iowa cities we track.
How much are property taxes in Mount Pleasant?
The median homeowner in Mount Pleasant pays $2,721 a year in property taxes, about 1.69% of the median home value.
Is Mount Pleasant more expensive than the national average?
Overall prices in Iowa are 12% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Mount Pleasant?
The median home value in Mount Pleasant is $160,900, about 2.4 times the typical yearly household income.
8,951 people live in Mount Pleasant. Numbers are typical (middle) values.