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Housing Near Grand Valley State University | Allendale, MI

Grand Valley State University Property Explorer

Homes for Sale Near Grand Valley State University

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

5 homes for sale

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For Sale

0.9 miles from campus

Condo · Lake Michigan Dr Corridor

2 bd 2 ba 980 sqft$219,000

Updated 2-bedroom condo along the Lake Michigan Drive corridor, a short drive or bus ride from the GVSU Allendale campus. Quartz counters, stainless appliances, in-unit laundry, and assigned parking. Near the GVSU bus routes and Allendale township amenities.

For Sale

1 / 4

0.9 miles from campus

Condo · Lake Michigan Dr Corridor

2 bd 2 ba 980 sqft$219,000

Updated 2-bedroom condo along the Lake Michigan Drive corridor, a short drive or bus ride from the GVSU Allendale campus. Quartz counters, stainless appliances, in-unit laundry, and assigned parking. Near the GVSU bus routes and Allendale township amenities.

For Sale

1.6 miles from campus

Single-Family · Georgetown / Jenison

3 bd 1.5 ba 1,280 sqft$215,000

Affordable 3-bedroom home on 48th Ave just south of the Allendale township line, convenient to GVSU and the Georgetown / Hudsonville corridor. Updated kitchen, laminate floors, fenced yard, and a detached garage. A low-cost entry for a parent or student-rental investor.

For Sale

1 / 4

1.6 miles from campus

Single-Family · Georgetown / Jenison

3 bd 1.5 ba 1,280 sqft$215,000

Affordable 3-bedroom home on 48th Ave just south of the Allendale township line, convenient to GVSU and the Georgetown / Hudsonville corridor. Updated kitchen, laminate floors, fenced yard, and a detached garage. A low-cost entry for a parent or student-rental investor.

For Sale

2.9 miles from campus

Single-Family · Allendale

4 bd 2.5 ba 1,850 sqft$319,000

Updated 4-bedroom home along 48th Ave within a short drive of the GVSU Allendale campus. Hardwood floors, modern kitchen, in-unit laundry, and a fenced yard. Quick access to campus, the GVSU Fillmore Complex, and Allendale's 42nd St restaurants and gas stations.

For Sale

1 / 4

2.9 miles from campus

Single-Family · Allendale

4 bd 2.5 ba 1,850 sqft$319,000

Updated 4-bedroom home along 48th Ave within a short drive of the GVSU Allendale campus. Hardwood floors, modern kitchen, in-unit laundry, and a fenced yard. Quick access to campus, the GVSU Fillmore Complex, and Allendale's 42nd St restaurants and gas stations.

For Sale

2.9 miles from campus

Single-Family · Allendale

3 bd 2 ba 1,680 sqft$299,000

Well-kept 3-bedroom home on 48th Ave near the southern entrance to the GVSU campus. Original woodwork, updated kitchen, formal living room, and a detached garage. Reverse commute along Fillmore gives quick routing to campus and Allendale's stores.

For Sale

1 / 4

2.9 miles from campus

Single-Family · Allendale

3 bd 2 ba 1,680 sqft$299,000

Well-kept 3-bedroom home on 48th Ave near the southern entrance to the GVSU campus. Original woodwork, updated kitchen, formal living room, and a detached garage. Reverse commute along Fillmore gives quick routing to campus and Allendale's stores.

For Sale

3.0 miles from campus

Single-Family · Allendale North

4 bd 2 ba 1,960 sqft$325,000

Updated 4-bedroom home in the northern Allendale area, minutes from the GVSU campus and the Lake Michigan Drive / 48th Ave intersection. New kitchen, vinyl floors, large yard, and a two-car garage. Strong demand for family and student-rental uses near GVSU.

For Sale

1 / 4

3.0 miles from campus

Single-Family · Allendale North

4 bd 2 ba 1,960 sqft$325,000

Updated 4-bedroom home in the northern Allendale area, minutes from the GVSU campus and the Lake Michigan Drive / 48th Ave intersection. New kitchen, vinyl floors, large yard, and a two-car garage. Strong demand for family and student-rental uses near GVSU.

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For Sale

For Sale · Condo

0.9 miles from campus

Allendale, MI 49401 · Lake Michigan Dr Corridor

$219,000 2 bd 2 ba 980 sqft

Updated 2-bedroom condo along the Lake Michigan Drive corridor, a short drive or bus ride from the GVSU Allendale campus. Quartz counters, stainless appliances, in-unit laundry, and assigned parking. Near the GVSU bus routes and Allendale township amenities.

Viewing 1 of 5

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

$1,900/mo

2 beds × $950/mo

Own This Property

$1,525/mo

Estimated payment @ 7.25%

Monthly Gap

+$375/mo

DSCR: 1.25x

Simple read: Estimated comparable rent is $1,900/mo. The estimated monthly ownership cost is $1,525/mo, creating an estimated difference of $375/mo before appreciation, tax treatment, principal reduction, maintenance changes, vacancies, or rent changes.

Roommate Rent Offset

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

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

$219,000

est. price · 25% down ($54,750)

Principal & Interest

30-yr @ 7.25% · loan $164,250

$1,120/mo

Property Tax

~1.2% effective rate on $219,000

$221/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

$152/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

$1,957/mo

vs. $1,900/mo estimated rent

Compare Financing Options

Rent Nearby

$1,900/mo

Est. PITIA

$1,525/mo

Est. Diff

+$375/mo

Interest-Only

Request estimate

COMPARE FINANCING OPTIONS

Comparable Nearby Options

Compare other active Grand Valley State University-area properties from the current result set.

1.6 miles from campus

Single-Family · 3 bd / 1.5 ba · $215,000

More bedrooms

2.9 miles from campus

Single-Family · 3 bd / 2 ba · $299,000

More bedrooms

2.9 miles from campus

Single-Family · 4 bd / 2.5 ba · $319,000

More bedrooms

Near campusFinancing reviewCondo / HOALower-maintenance option

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.

5 representative buy scenarios

YOUR GRAND VALLEY STATE 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

0.9 miles from campus

Condo · Lake Michigan Dr Corridor

2 bd 2 ba 980 sqft$219,000

Updated 2-bedroom condo along the Lake Michigan Drive corridor, a short drive or bus ride from the GVSU Allendale campus. Quartz counters, stainless appliances, in-unit laundry, and assigned parking. Near the GVSU bus routes and Allendale township amenities.

For Sale

1 / 4

0.9 miles from campus

Condo · Lake Michigan Dr Corridor

2 bd 2 ba 980 sqft$219,000

Updated 2-bedroom condo along the Lake Michigan Drive corridor, a short drive or bus ride from the GVSU Allendale campus. Quartz counters, stainless appliances, in-unit laundry, and assigned parking. Near the GVSU bus routes and Allendale township amenities.

For Sale

1.6 miles from campus

Single-Family · Georgetown / Jenison

3 bd 1.5 ba 1,280 sqft$215,000

Affordable 3-bedroom home on 48th Ave just south of the Allendale township line, convenient to GVSU and the Georgetown / Hudsonville corridor. Updated kitchen, laminate floors, fenced yard, and a detached garage. A low-cost entry for a parent or student-rental investor.

For Sale

1 / 4

1.6 miles from campus

Single-Family · Georgetown / Jenison

3 bd 1.5 ba 1,280 sqft$215,000

Affordable 3-bedroom home on 48th Ave just south of the Allendale township line, convenient to GVSU and the Georgetown / Hudsonville corridor. Updated kitchen, laminate floors, fenced yard, and a detached garage. A low-cost entry for a parent or student-rental investor.

For Sale

2.9 miles from campus

Single-Family · Allendale

4 bd 2.5 ba 1,850 sqft$319,000

Updated 4-bedroom home along 48th Ave within a short drive of the GVSU Allendale campus. Hardwood floors, modern kitchen, in-unit laundry, and a fenced yard. Quick access to campus, the GVSU Fillmore Complex, and Allendale's 42nd St restaurants and gas stations.

For Sale

1 / 4

2.9 miles from campus

Single-Family · Allendale

4 bd 2.5 ba 1,850 sqft$319,000

Updated 4-bedroom home along 48th Ave within a short drive of the GVSU Allendale campus. Hardwood floors, modern kitchen, in-unit laundry, and a fenced yard. Quick access to campus, the GVSU Fillmore Complex, and Allendale's 42nd St restaurants and gas stations.

For Sale

2.9 miles from campus

Single-Family · Allendale

3 bd 2 ba 1,680 sqft$299,000

Well-kept 3-bedroom home on 48th Ave near the southern entrance to the GVSU campus. Original woodwork, updated kitchen, formal living room, and a detached garage. Reverse commute along Fillmore gives quick routing to campus and Allendale's stores.

For Sale

1 / 4

2.9 miles from campus

Single-Family · Allendale

3 bd 2 ba 1,680 sqft$299,000

Well-kept 3-bedroom home on 48th Ave near the southern entrance to the GVSU campus. Original woodwork, updated kitchen, formal living room, and a detached garage. Reverse commute along Fillmore gives quick routing to campus and Allendale's stores.

For Sale

3.0 miles from campus

Single-Family · Allendale North

4 bd 2 ba 1,960 sqft$325,000

Updated 4-bedroom home in the northern Allendale area, minutes from the GVSU campus and the Lake Michigan Drive / 48th Ave intersection. New kitchen, vinyl floors, large yard, and a two-car garage. Strong demand for family and student-rental uses near GVSU.

For Sale

1 / 4

3.0 miles from campus

Single-Family · Allendale North

4 bd 2 ba 1,960 sqft$325,000

Updated 4-bedroom home in the northern Allendale area, minutes from the GVSU campus and the Lake Michigan Drive / 48th Ave intersection. New kitchen, vinyl floors, large yard, and a two-car garage. Strong demand for family and student-rental uses near GVSU.

Showing all 5 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 Grand Valley State University.

Could Buying Near GVSU Cost Less Than Renting?

Compare your student's Allendale 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

$890/mo

Approximately $160/mo less than renting

After $1,170/mo roommate contribution

Estimated 4-Year Difference

Estimated 4-year advantage: $27,013

Includes estimated principal reduction and resale proceeds.

Based on 2 roommates contributing an estimated $1,170/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 GVSU?

Buying Near Campus

Explore homes, condos, and single-family houses near the GVSU Allendale campus for parents, students, and owner-occupants.

View Homes

Renting Near Campus

Browse rentals near GVSU in Allendale — houses, condos, townhomes, and apartments.

View Rentals

Investment Analysis

Evaluate student rental income, DSCR, and long-term campus-area demand around the Allendale and Grand Rapids campuses.

Run Numbers

Selling a Campus Property

Review pricing, market conditions, and exit strategy for an Allendale or Grand Rapids-area property.

Get a Review

Grand Valley State University Housing Snapshot

GVSU's primary residential campus is in Allendale with a growing urban campus in downtown Grand Rapids, creating distinct markets in Ottawa County and the city.

2026-08-20

Enrollment

~25,000

Median home value (Ottawa Co.)

$326,000

Median gross rent (Kent Co.)

$1,140

Campus mode

Allendale (suburban)

For Buyers

GVSU parents comparing the cost of rent with ownership must account for Ottawa County property values, Michigan property tax, insurance, roommate contribution potential, and after-graduation plans.

For Renters

A large share of GVSU undergraduates live off campus in Allendale and the surrounding Ottawa County communities, with a growing share near the Grand Rapids downtown campus. Deep private housing exists in both markets.

For Investors

GVSU's student-rental demand spans the Allendale township core, the northern Ottawa County corridor, and the urban Grand Rapids campus area. Investors should review rent-by-room, occupancy, operating expenses, and DSCR.

Estimated median home value in Ottawa County, MI.

Source: Zillow Home Value Index (2026).

Estimated median gross rent in the Grand Rapids / Kent County metro, MI.

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 Grand Valley State University?

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

Should parents rent or buy near GVSU?

GVSU families should compare four years of Allendale-area 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 GVSU students live off campus?

GVSU's primary campus is in Allendale, southeast of downtown Grand Rapids. Many undergraduates live in Allendale township bedroom communities and the surrounding Ottawa County area, with a smaller share in the downtown Grand Rapids urban campus neighborhood.

Can a student rental near GVSU work as an investment?

Student rentals near GVSU benefit from the university's roughly 25,000 students split between the Allendale and Grand Rapids campuses. Investment success depends on purchase price, rent structure, expenses, turnover, and financing terms — reviewed property by property.

Can a property near GVSU be reviewed for DSCR financing?

DSCR loans may apply to Allendale-area investment properties where projected rental income is reviewed against debt service per lender guidelines. Review rent, expenses, tenant turnover, and DSCR thresholds with a licensed loan officer.

Should I sell or hold near GVSU?

Allendale and Ottawa County 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 GVSU 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 GVSU team.

I'd like to talk with:

Compare Renting vs. Buying

CollegeHousing.ai does not provide financial, tax, legal, or real estate advice. Our professionals are independent local providers, not employees of CollegeHousing.ai.

GVSUGrand Valley State

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

Grand Valley State Off-Campus Housing & Market Guidance

Homes for Sale Near Grand Valley State University

Could Buying Near GVSU Cost Less Than Renting?

What Are You Looking for Near GVSU?

Buying Near Campus

Renting Near Campus

Investment Analysis

Selling a Campus Property

Your Grand Valley State University Housing Team

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

Grand Valley State University Housing Snapshot

For Buyers

For Renters

For Investors

Frequently Asked Questions

Ready to Make a Smarter GVSU Housing Decision?

GVSUGrand Valley StateGrand Valley State

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

Grand Valley State Off-Campus Housing & Market Guidance

Homes for Sale Near Grand Valley State University

Could Buying Near GVSU Cost Less Than Renting?

What Are You Looking for Near GVSU?

Buying Near Campus

Renting Near Campus

Investment Analysis

Selling a Campus Property

Your Grand Valley State University Housing Team

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

Grand Valley State University Housing Snapshot

For Buyers

For Renters

For Investors

Frequently Asked Questions

Ready to Make a Smarter GVSU Housing Decision?

GVSUGrand Valley State