Mortgage Rates in Pleasant Hill, Iowa — March 2026
Updated March 2026 | Based on Pleasant Hill market data and regional lending conditions
Pleasant Hill is a growing city in Iowa with a population of 10,392. The current 30-year fixed mortgage rate in Pleasant Hill is 6.74%, which is 0.09% above the national average. With a median home price of $170,000 and a 20% down payment of $34,000, homebuyers can expect a monthly principal and interest payment of approximately $881.
Current Mortgage Rates in Pleasant Hill, IA
Below are the current average mortgage rates available in the Pleasant Hill area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.74% | 6.65% | +0.09% |
| 15-Year Fixed | 5.98% | 5.89% | +0.09% |
| 5/1 ARM | 6.24% | 6.15% | +0.09% |
| FHA | 6.49% | 6.25% | +0.24% |
| VA | 6.24% | 6.05% | +0.19% |
| Jumbo | 6.99% | 6.85% | +0.14% |
Pleasant Hill Housing Market Overview
The Pleasant Hill housing market offers relatively affordable housing compared to many major cities. The median household income in Pleasant Hill is $63,600, and the cost of living index is 89.7 (national average = 100). Based on the 28% affordability rule, the median income in Pleasant Hill is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Pleasant Hill
Based on the median home price of $170,000 with 20% down ($34,000), here is what you can expect to pay monthly in Pleasant Hill:
15-Year vs. 30-Year Mortgage in Pleasant Hill
Choosing a 15-year mortgage in Pleasant Hill at 5.98% instead of a 30-year at 6.74% would save you $110,880 in total interest over the life of the loan. However, your monthly payment would be $1,146 instead of $881 — an increase of $265 per month.
Calculate Your Pleasant Hill Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Pleasant Hill
What are the current mortgage rates in Pleasant Hill, IA?
As of March 2026, the average 30-year fixed mortgage rate in Pleasant Hill, Iowa is 6.74%, while the 15-year fixed rate is 5.98%. FHA loans average 6.49% and VA loans 6.24%. These rates are 0.09% above the national average of 6.65%.
How much is a monthly mortgage payment in Pleasant Hill?
Based on the median home price of $170,000 with 20% down, the estimated monthly mortgage payment in Pleasant Hill is $881 for principal and interest. Including property taxes of $227/month, the total monthly housing cost is approximately $1,108.
What income do I need to buy a home in Pleasant Hill?
Using the 28% rule, you would need an annual income of approximately $47,486 to afford the median-priced home in Pleasant Hill at $170,000. The median household income in Pleasant Hill is $63,600. The median income is currently sufficient to meet this threshold.
Is Pleasant Hill a good place to buy a home in 2026?
Pleasant Hill offers a below-average cost of living with a cost of living index of 89.7 (national average = 100). The property tax rate in Iowa is 1.6%, which is above the national average. Pleasant Hill has a population of 10,392 and offers a very affordable lifestyle.
Mortgage Rates in Other Iowa Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Pleasant Hill, Iowa area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.