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Housing Near Central Michigan University | Mount Pleasant, MI

Central Michigan University Property Explorer

Homes for Sale Near Central Michigan University

Review active homes for sale within 3 miles of Central Michigan University's campus. Select a listing to view details, or inquire about a specific property.

8 homes for sale

YOUR CENTRAL MICHIGAN UNIVERSITY REAL ESTATE EXPERT

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For Sale

0.5 miles from campus

Single-Family · Fisk / Lafayette

3 bd 2 ba 1,560 sqft$274,900

Stately 3-bedroom home on W. Fisk St, within walking distance of the CMU campus and downtown Mount Pleasant. Classic woodwork, updated kitchen and baths, sunroom, and a landscaped yard. One of the closest established family streets to CMU.

For Sale

1 / 5

0.5 miles from campus

Single-Family · Fisk / Lafayette

3 bd 2 ba 1,560 sqft$274,900

Stately 3-bedroom home on W. Fisk St, within walking distance of the CMU campus and downtown Mount Pleasant. Classic woodwork, updated kitchen and baths, sunroom, and a landscaped yard. One of the closest established family streets to CMU.

For Sale

0.6 miles from campus

Single-Family · High / University

3 bd 2 ba 1,450 sqft$249,900

Well-kept 3-bedroom home near the High St campus edge, close to CMU's College of Business and the University Center. Updated kitchen, detached garage, landscaped yard. A practical option for a parent or investor seeking the central Mount Pleasant campus neighborhood.

For Sale

1 / 4

0.6 miles from campus

Single-Family · High / University

3 bd 2 ba 1,450 sqft$249,900

Well-kept 3-bedroom home near the High St campus edge, close to CMU's College of Business and the University Center. Updated kitchen, detached garage, landscaped yard. A practical option for a parent or investor seeking the central Mount Pleasant campus neighborhood.

For Sale

0.7 miles from campus

Condo · Pickard / McMillan

2 bd 1.5 ba 920 sqft$189,900

Updated 2-bedroom condo on E. Pickard St, within walking distance of CMU's campus and central Mount Pleasant. Quartz counters, in-unit laundry, assigned parking, low-maintenance living for a parent or investor. Near the CMU-owned athletic facilities and the Chippewa River Trail.

For Sale

1 / 4

0.7 miles from campus

Condo · Pickard / McMillan

2 bd 1.5 ba 920 sqft$189,900

Updated 2-bedroom condo on E. Pickard St, within walking distance of CMU's campus and central Mount Pleasant. Quartz counters, in-unit laundry, assigned parking, low-maintenance living for a parent or investor. Near the CMU-owned athletic facilities and the Chippewa River Trail.

For Sale

0.7 miles from campus

Multi-Family · Michigan / Central Campus

4 bd 2.5 ba 1,980 sqft$329,900

Income-producing 4-bedroom duplex on W. Michigan St, a short walk to CMU's central campus and the music / arts buildings. Updated units, separate utilities, off-street parking. Strong student-rental potential close to the heart of the CMU market.

For Sale

1 / 4

0.7 miles from campus

Multi-Family · Michigan / Central Campus

4 bd 2.5 ba 1,980 sqft$329,900

Income-producing 4-bedroom duplex on W. Michigan St, a short walk to CMU's central campus and the music / arts buildings. Updated units, separate utilities, off-street parking. Strong student-rental potential close to the heart of the CMU market.

For Sale

0.8 miles from campus

Single-Family · N. Main / Mission

3 bd 2 ba 1,580 sqft$269,900

Updated 3-bedroom home on N. Main St, a short drive from CMU's campus and a walk to Island Park, the Chippewa River, and downtown Mount Pleasant's Mission Street restaurants. Hardwoods, updated kitchen, fenced yard. A practical parent-buy and steady rental option near central Michigan's biggest college town.

For Sale

1 / 4

0.8 miles from campus

Single-Family · N. Main / Mission

3 bd 2 ba 1,580 sqft$269,900

Updated 3-bedroom home on N. Main St, a short drive from CMU's campus and a walk to Island Park, the Chippewa River, and downtown Mount Pleasant's Mission Street restaurants. Hardwoods, updated kitchen, fenced yard. A practical parent-buy and steady rental option near central Michigan's biggest college town.

For Sale

0.9 miles from campus

Single-Family · Mission / South

3 bd 2 ba 1,380 sqft$232,000

Affordable updated 3-bedroom home on S. Mission St south of central Mount Pleasant. New kitchen counters, refinished floors, fenced yard, detached garage. Quick access to US-127 and the Mission retail corridor, with a short drive up Mission to the CMU campus.

For Sale

1 / 4

0.9 miles from campus

Single-Family · Mission / South

3 bd 2 ba 1,380 sqft$232,000

Affordable updated 3-bedroom home on S. Mission St south of central Mount Pleasant. New kitchen counters, refinished floors, fenced yard, detached garage. Quick access to US-127 and the Mission retail corridor, with a short drive up Mission to the CMU campus.

For Sale

1.3 miles from campus

Single-Family · Crawford / Gholson

3 bd 1.5 ba 1,320 sqft$219,900

Renovated 3-bedroom bungalow on E. Gholson St in the Crawford / central neighborhood. Updated kitchen and bath, refinished floors, fenced yard. A short bike or bus ride to CMU and close to Island Park and the river trail. A good starter price for a Mount Pleasant property.

For Sale

1 / 4

1.3 miles from campus

Single-Family · Crawford / Gholson

3 bd 1.5 ba 1,320 sqft$219,900

Renovated 3-bedroom bungalow on E. Gholson St in the Crawford / central neighborhood. Updated kitchen and bath, refinished floors, fenced yard. A short bike or bus ride to CMU and close to Island Park and the river trail. A good starter price for a Mount Pleasant property.

For Sale

2.5 miles from campus

Single-Family · Union Township / Pickard

4 bd 3 ba 2,160 sqft$355,000

Spacious 4-bedroom home on the east side of Mount Pleasant in Union Township. Chef's kitchen, screened porch, large lot, and a two-car garage. A short drive up Pickard Rd to CMU and the local hospital; a popular area for older families and campus professionals.

For Sale

1 / 4

2.5 miles from campus

Single-Family · Union Township / Pickard

4 bd 3 ba 2,160 sqft$355,000

Spacious 4-bedroom home on the east side of Mount Pleasant in Union Township. Chef's kitchen, screened porch, large lot, and a two-car garage. A short drive up Pickard Rd to CMU and the local hospital; a popular area for older families and campus professionals.

YOUR CENTRAL MICHIGAN UNIVERSITY REAL ESTATE EXPERT

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For Sale

For Sale · Single-Family

0.5 miles from campus

Mount Pleasant, MI 48858 · Fisk / Lafayette

$274,900 3 bd 2 ba 1,560 sqft

Stately 3-bedroom home on W. Fisk St, within walking distance of the CMU campus and downtown Mount Pleasant. Classic woodwork, updated kitchen and baths, sunroom, and a landscaped yard. One of the closest established family streets to CMU.

Viewing 1 of 8

Rent vs. Own + Cash-Flow Snapshot

Compare estimated nearby rent with the cost of owning this property. Roommate contributions may offset part of the payment, but all figures require review.

Rent Nearby

$2,850/mo

3 beds × $950/mo

Own This Property

$1,867/mo

Estimated payment @ 7.25%

Monthly Gap

+$983/mo

DSCR: 1.53x

Simple read: Estimated comparable rent is $2,850/mo. The estimated monthly ownership cost is $1,867/mo, creating an estimated difference of $983/mo before appreciation, tax treatment, principal reduction, maintenance changes, vacancies, or rent changes.

Roommate Rent Offset

If the student occupies one bedroom, up to 2 additional bedrooms may potentially be used by roommates. At an estimated $950 per occupied roommate bedroom, the projected monthly offset would be approximately $1,900.

Roommate income is not guaranteed. Lease gaps, turnover, non-payment, occupancy rules, and changing rental conditions may affect actual contributions.

Monthly Ownership Estimate

Estimated monthly costs with local-service review points for each line. Confirm actual financing, taxes, insurance, association charges, utilities, and management costs with qualified professionals.

Purchase Scenario

$274,900

est. price · 25% down ($68,725)

Principal & Interest

30-yr @ 7.25% · loan $206,175

$1,406/mo

Property Tax

~1.2% effective rate on $274,900

$277/mo

Homeowners / Hazard / Flood InsuranceConfirm during review

$2,200/yr estimate · varies by location, coverage, carrier

$183/mo

HOA / Condo DuesConfirm during review

Confirm during review

$0/mo

Property ManagementEducational estimate

~8% of gross rent · leasing, maintenance, rent collection

$228/mo

Internet / Utilities SetupConfirm during review

Student-friendly plan estimate · varies by provider

$80/mo

Move-In / Setup ReserveEducational estimate

Monthly reserve for furniture, storage, move-in costs

$200/mo

Estimated Total Monthly Ownership Cost

$2,375/mo

vs. $2,850/mo estimated rent

Compare Financing Options

Rent Nearby

$2,850/mo

Est. PITIA

$1,867/mo

Est. Diff

+$983/mo

Interest-Only

Request estimate

COMPARE FINANCING OPTIONS

Comparable Nearby Options

Compare other active Central Michigan University-area properties from the current result set.

0.6 miles from campus

Single-Family · 3 bd / 2 ba · $249,900

Same property type

0.8 miles from campus

Single-Family · 3 bd / 2 ba · $269,900

Same property type

0.9 miles from campus

Single-Family · 3 bd / 2 ba · $232,000

Same property type

Near campusParent rent-vs-buyFinancing review

Additional Local Services

Property ManagementConfirm during review

Homeowners / Hazard / Flood InsuranceConfirm during review

Moving / StorageConfirm during review

Internet ProviderConfirm during review

Educational estimates only. These figures are not a loan quote, investment advice, tax advice, an appraisal, or a guarantee of rent, approval, occupancy, appreciation, or cash flow. Property-specific figures should be reviewed with qualified real estate, lending, insurance, tax, and property-management professionals.

8 representative buy scenarios

YOUR CENTRAL MICHIGAN UNIVERSITY REAL ESTATE EXPERT

Claim this market and appear here — parents, investors, and sellers are looking for a trusted local advisor.

Claim Market

For Sale

0.5 miles from campus

Single-Family · Fisk / Lafayette

3 bd 2 ba 1,560 sqft$274,900

Stately 3-bedroom home on W. Fisk St, within walking distance of the CMU campus and downtown Mount Pleasant. Classic woodwork, updated kitchen and baths, sunroom, and a landscaped yard. One of the closest established family streets to CMU.

For Sale

1 / 5

0.5 miles from campus

Single-Family · Fisk / Lafayette

3 bd 2 ba 1,560 sqft$274,900

Stately 3-bedroom home on W. Fisk St, within walking distance of the CMU campus and downtown Mount Pleasant. Classic woodwork, updated kitchen and baths, sunroom, and a landscaped yard. One of the closest established family streets to CMU.

For Sale

0.6 miles from campus

Single-Family · High / University

3 bd 2 ba 1,450 sqft$249,900

Well-kept 3-bedroom home near the High St campus edge, close to CMU's College of Business and the University Center. Updated kitchen, detached garage, landscaped yard. A practical option for a parent or investor seeking the central Mount Pleasant campus neighborhood.

For Sale

1 / 4

0.6 miles from campus

Single-Family · High / University

3 bd 2 ba 1,450 sqft$249,900

Well-kept 3-bedroom home near the High St campus edge, close to CMU's College of Business and the University Center. Updated kitchen, detached garage, landscaped yard. A practical option for a parent or investor seeking the central Mount Pleasant campus neighborhood.

For Sale

0.7 miles from campus

Condo · Pickard / McMillan

2 bd 1.5 ba 920 sqft$189,900

Updated 2-bedroom condo on E. Pickard St, within walking distance of CMU's campus and central Mount Pleasant. Quartz counters, in-unit laundry, assigned parking, low-maintenance living for a parent or investor. Near the CMU-owned athletic facilities and the Chippewa River Trail.

For Sale

1 / 4

0.7 miles from campus

Condo · Pickard / McMillan

2 bd 1.5 ba 920 sqft$189,900

Updated 2-bedroom condo on E. Pickard St, within walking distance of CMU's campus and central Mount Pleasant. Quartz counters, in-unit laundry, assigned parking, low-maintenance living for a parent or investor. Near the CMU-owned athletic facilities and the Chippewa River Trail.

For Sale

0.7 miles from campus

Multi-Family · Michigan / Central Campus

4 bd 2.5 ba 1,980 sqft$329,900

Income-producing 4-bedroom duplex on W. Michigan St, a short walk to CMU's central campus and the music / arts buildings. Updated units, separate utilities, off-street parking. Strong student-rental potential close to the heart of the CMU market.

For Sale

1 / 4

0.7 miles from campus

Multi-Family · Michigan / Central Campus

4 bd 2.5 ba 1,980 sqft$329,900

Income-producing 4-bedroom duplex on W. Michigan St, a short walk to CMU's central campus and the music / arts buildings. Updated units, separate utilities, off-street parking. Strong student-rental potential close to the heart of the CMU market.

For Sale

0.8 miles from campus

Single-Family · N. Main / Mission

3 bd 2 ba 1,580 sqft$269,900

Updated 3-bedroom home on N. Main St, a short drive from CMU's campus and a walk to Island Park, the Chippewa River, and downtown Mount Pleasant's Mission Street restaurants. Hardwoods, updated kitchen, fenced yard. A practical parent-buy and steady rental option near central Michigan's biggest college town.

For Sale

1 / 4

0.8 miles from campus

Single-Family · N. Main / Mission

3 bd 2 ba 1,580 sqft$269,900

Updated 3-bedroom home on N. Main St, a short drive from CMU's campus and a walk to Island Park, the Chippewa River, and downtown Mount Pleasant's Mission Street restaurants. Hardwoods, updated kitchen, fenced yard. A practical parent-buy and steady rental option near central Michigan's biggest college town.

For Sale

0.9 miles from campus

Single-Family · Mission / South

3 bd 2 ba 1,380 sqft$232,000

Affordable updated 3-bedroom home on S. Mission St south of central Mount Pleasant. New kitchen counters, refinished floors, fenced yard, detached garage. Quick access to US-127 and the Mission retail corridor, with a short drive up Mission to the CMU campus.

For Sale

1 / 4

0.9 miles from campus

Single-Family · Mission / South

3 bd 2 ba 1,380 sqft$232,000

Affordable updated 3-bedroom home on S. Mission St south of central Mount Pleasant. New kitchen counters, refinished floors, fenced yard, detached garage. Quick access to US-127 and the Mission retail corridor, with a short drive up Mission to the CMU campus.

For Sale

1.3 miles from campus

Single-Family · Crawford / Gholson

3 bd 1.5 ba 1,320 sqft$219,900

Renovated 3-bedroom bungalow on E. Gholson St in the Crawford / central neighborhood. Updated kitchen and bath, refinished floors, fenced yard. A short bike or bus ride to CMU and close to Island Park and the river trail. A good starter price for a Mount Pleasant property.

For Sale

1 / 4

1.3 miles from campus

Single-Family · Crawford / Gholson

3 bd 1.5 ba 1,320 sqft$219,900

Renovated 3-bedroom bungalow on E. Gholson St in the Crawford / central neighborhood. Updated kitchen and bath, refinished floors, fenced yard. A short bike or bus ride to CMU and close to Island Park and the river trail. A good starter price for a Mount Pleasant property.

For Sale

2.5 miles from campus

Single-Family · Union Township / Pickard

4 bd 3 ba 2,160 sqft$355,000

Spacious 4-bedroom home on the east side of Mount Pleasant in Union Township. Chef's kitchen, screened porch, large lot, and a two-car garage. A short drive up Pickard Rd to CMU and the local hospital; a popular area for older families and campus professionals.

For Sale

1 / 4

2.5 miles from campus

Single-Family · Union Township / Pickard

4 bd 3 ba 2,160 sqft$355,000

Spacious 4-bedroom home on the east side of Mount Pleasant in Union Township. Chef's kitchen, screened porch, large lot, and a two-car garage. A short drive up Pickard Rd to CMU and the local hospital; a popular area for older families and campus professionals.

Showing all 8 properties

Property information, pricing, photographs, and availability may change. Verify current details before making a housing decision. CollegeHousing.ai is an independent housing information platform and is not a brokerage, MLS, property-listing provider, or affiliate of Central Michigan University.

Could Buying Near CMU Cost Less Than Renting?

Compare your student's Mount Pleasant rent with estimated ownership costs after roommate contributions and potential equity.

This is a planning estimate. Actual financing, expenses, rent and resale results vary.

1

2

3

Step 1: Property & Purchase

Purchase Price

$

Down Payment (%)

Years Near Campus (2–6)

Example Parent-Buyer Scenario

Student's Monthly Rent

Estimated monthly cost for one student's private bedroom near campus.

$

Purchase Price

$

Down Payment

%

Interest Rate

%

Years Near Campus

Number of Roommates

Avg Monthly Rent Per Roommate

$

Estimated Family Cost After Roommates

$700/mo

Approximately $350/mo less than renting

After $990/mo roommate contribution

Estimated 4-Year Difference

Estimated 4-year advantage: $32,916

Includes estimated principal reduction and resale proceeds.

Based on 2 roommates contributing an estimated $990/mo, a 20% down payment and a 4-year hold.

2% appreciation · 4% selling costs · 90% roommate-rent collection

M

Personalized Financing Review

Get a personalized financing review using the numbers entered above.

Your calculator assumptions will be included automatically.

This estimate is educational and is not financial, tax, legal, real-estate or lending advice. Results are illustrative and do not guarantee loan approval, rental income, appreciation or investment performance.

Decision Path

What Are You Looking for Near CMU?

Buying Near Campus

Explore homes, condos, and duplexes near Central Michigan University in Mount Pleasant for parents, students, and owner-occupants.

View Homes

Renting Near Campus

Browse rentals near CMU — houses, condos, townhomes, and apartments across the Mount Pleasant neighborhoods around campus.

View Rentals

Investment Analysis

Evaluate student rental income, DSCR, and long-term campus-area demand in Mount Pleasant.

Run Numbers

Selling a Campus Property

Review pricing, market conditions, and exit strategy for a Mount Pleasant campus-area property.

Get a Review

Central Michigan University Housing Snapshot

Mount Pleasant is one of Michigan's most concentrated college towns, where CMU enrollment anchors housing demand in a compact, walkable market.

2026-08-20

Enrollment

~14,000

Median home value

$218,000

Median gross rent

$980

Off-campus living

Large share

For Buyers

CMU families comparing the cost of rent with ownership must account for Mount Pleasant property values, Michigan property tax, insurance, roommate rent contribution potential, and after-graduation plans in a concentrated college town.

For Renters

A large share of CMU undergraduates live off campus in Mount Pleasant's compact neighborhoods surrounding the university, creating steady private housing demand in a tight and walkable market.

For Investors

Mount Pleasant's student-rental market is among the most concentrated in Michigan. Investors should review rent-by-room, lease timing, operating expenses, and DSCR alongside CMU enrollment stability.

Estimated median home value in Mount Pleasant, MI (Isabella County).

Source: Zillow Home Value Index (2026).

Estimated median gross rent in Mount Pleasant, MI. Student-oriented rentals near campus often price higher per full bedroom.

Source: U.S. Census Bureau ACS (5-year), 2026.

Sourced from publicly reported market estimates and U.S. Census Bureau ACS 5-year estimates. For informational purposes only — not financial, tax, legal, real estate, or lending advice.

This market snapshot is for informational purposes only and does not constitute investment, tax, legal, or real estate advice.

Frequently Asked Questions

Is CollegeHousing.ai affiliated with Central Michigan University?

No. CollegeHousing.ai is an independent real estate and financing information platform and is not affiliated with, endorsed by, or operated by Central Michigan University.

Should parents rent or buy near CMU?

CMU families should compare four years of Mount Pleasant rent with ownership costs including mortgage, Michigan property tax, insurance, maintenance, and management. Roommate income can significantly reduce net ownership costs. The after-graduation plan is a critical part of the review.

Where do CMU students live off campus?

CMU's campus sits within Mount Pleasant, one of Michigan's most concentrated college towns. A large share of undergraduates live off campus in the neighborhoods surrounding the central campus and across town on streets like Bellows, Gaylord, Broomfield, and the Mission corridor.

Can a student rental near CMU work as an investment?

Student rentals near CMU benefit from large, stable enrollment. Investment success depends on purchase price, rent structure, expenses, turnover, and financing terms — reviewed property by property.

Can a property near CMU be reviewed for DSCR financing?

DSCR loans may apply to Mount Pleasant investment properties where projected rental income is reviewed against debt service per lender guidelines. Review rent, expenses, lease timing, and DSCR thresholds with a licensed loan officer.

Should I sell or hold near CMU?

Mount Pleasant-area owners should assess rental income, equity position, market conditions, and refinancing options before deciding to sell or hold. Each property is different.

Ready to Make a Smarter CMU Housing Decision?

Whether you're a parent evaluating rent vs. buy, an investor analyzing a student rental, or a seller reviewing exit options — run the numbers and connect with the local CMU team.

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Compare Renting vs. Buying

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Central Michigan Off-Campus Housing & Market Guidance

Homes for Sale Near Central Michigan University

Could Buying Near CMU Cost Less Than Renting?

What Are You Looking for Near CMU?

Buying Near Campus

Renting Near Campus

Investment Analysis

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Central Michigan University Housing Snapshot

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Frequently Asked Questions

Ready to Make a Smarter CMU Housing Decision?

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BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

Central Michigan Off-Campus Housing & Market Guidance

Homes for Sale Near Central Michigan University

Could Buying Near CMU Cost Less Than Renting?

What Are You Looking for Near CMU?

Buying Near Campus

Renting Near Campus

Investment Analysis

Selling a Campus Property

Your Central Michigan University Housing Team

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

Central Michigan University Housing Snapshot

For Buyers

For Renters

For Investors

Frequently Asked Questions

Ready to Make a Smarter CMU Housing Decision?

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