Cheap Apartments for Rent in Mount Pleasant, IA from $500 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mount Pleasant.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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630 N 6th St
Studio to 1 Bedroom Apartments

630 N 6th St

630 N 6th StBurlington, IA 52601
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Louden Lofts
Studio to 3 Bedroom Apartments

Louden Lofts

607 W Broadway AveFairfield, IA 52556
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Chateau Apartments
1 to 2 Bedroom Apartments

Chateau Apartments

114 26th StFort Madison, IA 52627
  • Utilities Included
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Keokuk Family Flats
1 to 3 Bedroom Apartments

Keokuk Family Flats

2812 Lincoln AveKeokuk, IA 52632
  • Utilities Included
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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Mediapolis Village
2 to 4 Bedroom Apartments

Mediapolis Village

510 Wapello St SMediapolis, IA 52637

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Mount Pleasant, IA Local Guide

Cheapest Available Mount Pleasant Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mount Pleasant, IA is a Studio unit found at Welch Hotel Senior Apartments in the Oak Ridge neighborhood priced from $695. Bel Aire Apartments in the Ginger Ridge neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Mount Pleasant apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Welch Hotel Senior ApartmentsStudioStudio,1BA$695
Bel Aire Apartments2 Bedroom2BR,1BA$695
MAPLE PLACE APARTMENTS2 Bed 1 Bath2BR,1BA$700
Tisdale Apartments2 Bedroom2BR,1BA$720
Park Madison Apartments1BR/1BA1BR,1BA$750
Caspian Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$750
Summer Street ApartmentsStudioStudio,1BA$750
Green Gable CottagesGreen Gable 1 Bedroom1BR,1BA$750
Orchard MeadowsB1 Partially Renovated2BR,1BA$795
Alice Place West Burlington2-Bedroom2BR,1BA$840

Best Value Apartments for Rent in Mount Pleasant, IA and Nearby

As of May 31, 2026 the best value apartment in the Mount Pleasant area is the $0.59 price per square foot C1 - 3x3 Model at The Quarters Iowa City in the in the Fair Meadows neighborhood starting from $695. The second greatest value Mount Pleasant apartment is the Blaul Lofts - 402 Model at Blaul Lofts starting at $1,020 with a $1.00 price per square foot in the Ginger Ridge neighborhood. Here is today’s list of the best values for Mount Pleasant apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Quarters Iowa CityC1 - 3x33BR,3BA$0.59
Blaul LoftsBlaul Lofts - 4021BR,1BA$1.00
Westland Village2x12BR,1BA$0.89
Alice Place West Burlington2-Bedroom2BR,1BA$0.90
Churchill LoftsChurchill Lofts - 2051BR,1BA$1.08
School House Apartments1 Bedroom and 1 Bath1BR,1BA$1.06
Orchard MeadowsB1 Partially Renovated2BR,1BA$0.90
Park Madison Apartments1BR/1BA1BR,1BA$1.00
MAPLE PLACE APARTMENTS2 Bed 1 Bath2BR,1BA$0.97
Tisdale Apartments2 Bedroom2BR,1BA$1.03

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Mount Pleasant, IA

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Frequently Asked Questions about Cheap Mount Pleasant Apartments

What is the Cheapest Studio apartment in Mount Pleasant?

Currently the most affordable Cheap Studio Apartment in Mount Pleasant is at Welch Hotel Senior Apartments listed at $695.

How much is rent for a Cheap One Bedroom Mount Pleasant Apartment?

The lowest price for a Cheap One Bedroom Mount Pleasant Apartment is $750 at Park Madison Apartments.

What is the lowest price for a Cheap Two Bedroom Mount Pleasant Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mount Pleasant is starting from $695 at Bel Aire Apartments.

What is the most affordable Mount Pleasant Three Bedroom Apartment?

The best deal on a cheap Mount Pleasant Three Bedroom Apartment rental is at Black Hawk Village and starts from $1,252.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.