Cheap Apartments for Rent in Mount Pleasant, IA from $500 (43 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

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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Chateau Apartments
1 to 2 Bedroom Apartments

Chateau Apartments

114 26th StFort Madison, IA 52627
  • Utilities Included
property at 607 NE 3rd Ave

$650 - $685

1 Bedroom Rentals

Available Apr 20

607 NE 3rd Ave

AledoIL61231
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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

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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Mediapolis Village
2 to 4 Bedroom Apartments

Mediapolis Village

510 Wapello St SMediapolis, IA 52637

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 116 N 4th St

$900 - $1,295

1 To 2 Bedroom Rentals

Available Now

116 N 4th St

BurlingtonIA52601
Showing Results 1-43, Page 1 of 1

Mount Pleasant, IA Local Guide

Cheapest Neighborhoods for Apartments in Mount Pleasant, IA

Pricing Updated: 04/16/2026

Current apartment rentals in the Mount Pleasant, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Mount Pleasant Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Original Town of Rome$1,095$1,0951
Threshers Meadows$1,095$1,0951

Cheapest Available Mount Pleasant Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mount Pleasant, IA is a 1 Bed unit found at MAPLE PLACE APARTMENTS priced from $665. Welch Hotel Senior Apartments in the Oak Ridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here is today’s list of the most affordable Mount Pleasant apartments for rent:

Apartment ListingModel NameBed/BathPriced From
MAPLE PLACE APARTMENTS1 Bed 1 Bath1BR,1BA$665
Welch Hotel Senior ApartmentsStudioStudio,1BA$695
Bel Aire Apartments2 Bedroom2BR,1BA$695
Tisdale Apartments2 Bedroom2BR,1BA$720
Orchard MeadowsB1 Classic2BR,1BA$750
Park Madison Apartments1BR/1BA1BR,1BA$750
Caspian Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$750
Green Gable CottagesGreen Gable 1 Bedroom1BR,1BA$750
Westland Village2x12BR,1BA$850
Tama Too ApartmentsStudioStudio,1BA$850

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

As of April 16, 2026 the best value apartment in the Mount Pleasant area is the $0.62 price per square foot Four Bedroom Model at Asbury Heights in the starting from $1,188. The second greatest value Mount Pleasant apartment is the 2 Bedroom Model at Nemitz Hall starting at $1,095 with a $0.76 price per square foot in the Threshers Meadows 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.
Asbury HeightsFour Bedroom4BR,2BA$0.62
Nemitz Hall2 Bedroom2BR,2BA$0.76
Churchill LoftsChurchill Lofts - 2142BR,1BA$1.07
The Quarters Iowa CityC1 - 3x33BR,3BA$0.59
Keokuk Family Flats3 bedroom3BR,2BA$0.98
Westland Village2x12BR,1BA$0.89
Summer Street Apartments2BD/1BA2BR,1BA$0.95
School House Apartments1 Bedroom and 1 Bath1BR,1BA$1.06
Park Madison Apartments1BR/1BA1BR,1BA$1.00
Tisdale Apartments2 Bedroom2BR,1BA$1.03

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Best Local Schools in
Mount Pleasant, IA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mount Pleasant, IA Rentals by Map

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See the most popular apartments and homes in 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 $665 at MAPLE PLACE 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 Keokuk Family Flats and starts from $995.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.