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Mount Pleasant, IA Homes for Rent

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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
  • /12

    $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

Why Live in Mount Pleasant

Mount Pleasant, located near the southeastern corner of Iowa, is a small city with a rich heritage and a focus on preserving its agricultural roots. The Midwest Old Threshers Heritage Museums, the city's biggest attraction, celebrates this history with exhibits on farming and vaudeville. The city is home to several parks, including East Lake Park, known for its fishing lake and dog park, and Oakland Mills Park, which offers camping, fishing, and nature trails. Mount Pleasant's economy is supported by major employers like the Walmart distribution center and manufacturing companies such as Lomont Molding and Staats Awards. The city features a network of bike trails and a family aquatic center for recreational activities. Downtown Mount Pleasant, managed by the Main Street Mount Pleasant nonprofit, hosts over 150 businesses and maintains historic architecture like the Temple Theatre. Housing options range from ranch-style homes and bungalows to larger two-story and bi-level houses on the outskirts. The city is approximately 70 miles from Cedar Rapids, 140 miles from Des Moines, and 260 miles from Chicago, with highways 218 and 34 providing key routes. Public transportation includes a Greyhound bus station and an Amtrak train station. The Mount Pleasant Community School District serves over 2,000 students. Crime rates in Mount Pleasant are lower than the national average, with a significant decrease in violent crime reported between 2022 and 2023.

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 June 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 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