The average monthly rent of apartments in Mount Pleasant, MI is $1,162.
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Rental prices in Mount Pleasant, MI have increased by 3.58% over the past year. The average rent moved from $1,121 to $1,162.
Compared to the national average rent of $1,741, the average rent in Mount Pleasant, MI is $1,162.
The average monthly rent of apartments in Mount Pleasant, MI is $1,162.
About 12% of apartment rents in Mount Pleasant, MI range between $1,501-$2,000. Meanwhile, apartments around $2,001-$2,500 represent 1% of apartments. Around 49% of Mount Pleasant’s apartments are in the $1,001-$1,500 price range. 37% of apartments are priced ≤ $1000. A share of 1% of apartment rentals in Mount Pleasant are in the $2,501-$3,000 range.
The largest share of rentals in Mount Pleasant, MI (49%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Mount Pleasant, MI is $1,093.
In Mount Pleasant, 65% of the residents are renting compared to 35% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 15% of Mount Pleasant's rentals, 68% are small-scale complexes with under 50 units, and 15% are single-family rentals.
The average age of rental buildings in Mount Pleasant is 26 years old, with 53% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Rental apartments in Mount Pleasant come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 10% of the total apartments in the city, while 2-bedroom floorplans represent around 52% of all rentals in Mount Pleasant. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
Mount Pleasant is a city in central Michigan and the county seat of Isabella County. Today, the city is home to different American Indian cultural aspects and celebrations that appeal to local renters and visitors. The city began as a small village in the 1830s and has a picturesque location and high elevation between Adams and Buffalo creeks. Renters and tourists in Mount Pleasant enjoy a variety of activities, and the city is especially popular for the Soaring Eagle Casino & Resort Hotel. It’s also home to the Kelly/Shorts Stadium and a wide range of museums for American Indian culture. Mount Pleasant has a cold and temperate climate with 33 inches of rain per year, on average. The city also sees 42 inches of snow per year and about 170 sunny days with warm summers and freezing, windy and snowy winters.
Mount Pleasant has 13 constituent rental neighborhoods available to prospective renters, most of which have a dense, suburban feel. Plus, there are more renters than homeowners in the city, so it’s easier to get an apartment to rent. Most renters are young professionals, and the cost of living is lower than the U.S. average. Specifically, the more affordable homes for rent are in the southeastern regions, while the desired areas are in the southwestern parts of Mount Pleasant. Renters here can choose from a wide range of homes, including rental apartments, single-family apartments for rent, condos and townhouses. Prospective renters are usually interested in pet-friendly homes, swimming pools, luxury and affordability. Notably, Mount Pleasant has rent control laws, so renters cannot receive a rent increase of more than 5%. However, there are no laws for late fees or grace periods, so landlords should set the fees in the rental lease.
There are different shopping opportunities provided to local renters in Mount Pleasant. For instance, Indian Hills Plaza is the most popular shopping mall with a wide range of grocery and department stores. Otherwise, the Central Michigan Commons is also located in Mount Pleasant. Meanwhile, renters in the city shop for their groceries at Ric’s Food Center, Aldi, Meijer, Target Grocery and Gordon Food Service Store. The city is also home to different department stores, including Target, Kohl’s, T.J.Maxx, Walmart Supercenter and Burlington. What’s more, downtown Mt. Pleasant has more than 100 businesses, including specialty shops, dining, art galleries, picturesque parks, bars and bistros.
Mount Pleasant offers average walkability, making it easy for renters to run errands without a car or public transportation. The city is bikeable, too, with different trails and lanes that local renters use to move around. Alternatively, the Isabella County Transportation Commission, or I-Ride, provides shuttle services to Mt Pleasant and the I-Ride bus stop is accessible throughout the city. Or, renters who prefer buses can use the Greyhound Bus Stations and Services throughout the city. Taxis and rideshare services are also available. Finally, the closest airport to Mount Pleasant is Saginaw MBS International Airport, which is about 41 miles away.
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