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Housing Near Wayne State University | Midtown Detroit, MI

Wayne State University Property Explorer

Homes for Sale Near Wayne State University

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

8 homes for sale

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For Sale

0.5 miles from campus

Condo · Cass Corridor / Midtown

2 bd 2 ba 1,250 sqft$275,000

Urban 2-bedroom condo on Cass Ave in the heart of Midtown, within walking distance of Wayne State and the Detroit Institute of Arts. Updated kitchen, open plan, building gym. A practical entry point for campus-area ownership in Detroit's university district.

For Sale

1 / 4

0.5 miles from campus

Condo · Cass Corridor / Midtown

2 bd 2 ba 1,250 sqft$275,000

Urban 2-bedroom condo on Cass Ave in the heart of Midtown, within walking distance of Wayne State and the Detroit Institute of Arts. Updated kitchen, open plan, building gym. A practical entry point for campus-area ownership in Detroit's university district.

For Sale

0.6 miles from campus

Single-Family · Midtown / Cass Corridor

3 bd 2.5 ba 2,100 sqft$365,000

Renovated 3-bedroom home in the Cass Corridor, a walk from Wayne State's main campus and the Midtown cultural district. Hardwood floors, modern kitchen, private yard. A strong parent-buy or campus-adjacent owner-occupant option in the heart of Detroit's university core.

For Sale

1 / 4

0.6 miles from campus

Single-Family · Midtown / Cass Corridor

3 bd 2.5 ba 2,100 sqft$365,000

Renovated 3-bedroom home in the Cass Corridor, a walk from Wayne State's main campus and the Midtown cultural district. Hardwood floors, modern kitchen, private yard. A strong parent-buy or campus-adjacent owner-occupant option in the heart of Detroit's university core.

For Sale

0.6 miles from campus

Single-Family · West Canfield / Midtown

4 bd 3 ba 2,450 sqft$429,000

Historic restored 4-bedroom home on West Canfield Historic District, steps from Wayne State and Midtown's restaurants and galleries. Original woodwork, updated systems, enclosed yard. One of Midtown's most desirable campus-adjacent streets.

For Sale

1 / 4

0.6 miles from campus

Single-Family · West Canfield / Midtown

4 bd 3 ba 2,450 sqft$429,000

Historic restored 4-bedroom home on West Canfield Historic District, steps from Wayne State and Midtown's restaurants and galleries. Original woodwork, updated systems, enclosed yard. One of Midtown's most desirable campus-adjacent streets.

For Sale

0.8 miles from campus

Single-Family · Midtown / Brush Park

4 bd 3 ba 2,300 sqft$425,000

Restored 4-bedroom home near Brush Park and the northern edge of Midtown, minutes from Wayne State and the QLine. Chef's kitchen, period details, landscaped yard. A premium campus-adjacent property with strong owner and rental appeal.

For Sale

1 / 4

0.8 miles from campus

Single-Family · Midtown / Brush Park

4 bd 3 ba 2,300 sqft$425,000

Restored 4-bedroom home near Brush Park and the northern edge of Midtown, minutes from Wayne State and the QLine. Chef's kitchen, period details, landscaped yard. A premium campus-adjacent property with strong owner and rental appeal.

For Sale

1.0 mile from campus

Single-Family · Eliot / North End

3 bd 2 ba 1,800 sqft$315,000

Renovated 3-bedroom home in the Eliot neighborhood, a short drive north of Wayne State in the North End. Updated kitchen and bath, refinished floors, fenced yard, off-street parking. A growing owner-occupant stretch near the campus corridor.

For Sale

1 / 4

1.0 mile from campus

Single-Family · Eliot / North End

3 bd 2 ba 1,800 sqft$315,000

Renovated 3-bedroom home in the Eliot neighborhood, a short drive north of Wayne State in the North End. Updated kitchen and bath, refinished floors, fenced yard, off-street parking. A growing owner-occupant stretch near the campus corridor.

For Sale

1.1 miles from campus

Condo · New Center / 2nd Ave

2 bd 1.5 ba 1,150 sqft$199,000

Affordable 2-bedroom condo on 2nd Ave in the New Center area, a short drive from Wayne State. Updated kitchen, in-unit laundry, secure entry. A low-cost entry into Detroit's campus-area ownership market.

For Sale

1 / 4

1.1 miles from campus

Condo · New Center / 2nd Ave

2 bd 1.5 ba 1,150 sqft$199,000

Affordable 2-bedroom condo on 2nd Ave in the New Center area, a short drive from Wayne State. Updated kitchen, in-unit laundry, secure entry. A low-cost entry into Detroit's campus-area ownership market.

For Sale

1.6 miles from campus

Condo · New Center

2 bd 2 ba 1,100 sqft$389,000

Modern 2-bedroom condo in the New Center area along Woodward Ave, a short drive from the Wayne State campus. Floor-to-ceiling windows, in-unit laundry, secure building, parking. A convenient owner-occupant or grad rental option near the Fisher Building district.

For Sale

1 / 4

1.6 miles from campus

Condo · New Center

2 bd 2 ba 1,100 sqft$389,000

Modern 2-bedroom condo in the New Center area along Woodward Ave, a short drive from the Wayne State campus. Floor-to-ceiling windows, in-unit laundry, secure building, parking. A convenient owner-occupant or grad rental option near the Fisher Building district.

For Sale

2.0 miles from campus

Single-Family · Milwaukee Junction

3 bd 2.5 ba 1,950 sqft$348,000

Updated 3-bedroom home in the Milwaukee Junction area just north of the Wayne State corridor. Modern kitchen, open floor plan, detached garage, and a fenced yard. Convenient to campus and the New Center business district.

For Sale

1 / 4

2.0 miles from campus

Single-Family · Milwaukee Junction

3 bd 2.5 ba 1,950 sqft$348,000

Updated 3-bedroom home in the Milwaukee Junction area just north of the Wayne State corridor. Modern kitchen, open floor plan, detached garage, and a fenced yard. Convenient to campus and the New Center business district.

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For Sale

For Sale · Condo

0.5 miles from campus

Detroit, MI 48201 · Cass Corridor / Midtown

$275,000 2 bd 2 ba 1,250 sqft

Urban 2-bedroom condo on Cass Ave in the heart of Midtown, within walking distance of Wayne State and the Detroit Institute of Arts. Updated kitchen, open plan, building gym. A practical entry point for campus-area ownership in Detroit's university district.

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

$1,900/mo

2 beds × $950/mo

Own This Property

$1,868/mo

Estimated payment @ 7.25%

Monthly Gap

+$32/mo

DSCR: 1.02x

Simple read: Estimated comparable rent is $1,900/mo. The estimated monthly ownership cost is $1,868/mo, creating an estimated difference of $32/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

$275,000

est. price · 25% down ($68,750)

Principal & Interest

30-yr @ 7.25% · loan $206,250

$1,407/mo

Property Tax

~1.2% effective rate on $275,000

$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

$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

$2,300/mo

vs. $1,900/mo estimated rent

Compare Financing Options

Rent Nearby

$1,900/mo

Est. PITIA

$1,868/mo

Est. Diff

+$32/mo

Interest-Only

Request estimate

COMPARE FINANCING OPTIONS

Comparable Nearby Options

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

1.1 miles from campus

Condo · 2 bd / 1.5 ba · $199,000

Same property type

1.6 miles from campus

Condo · 2 bd / 2 ba · $389,000

Same property type

0.6 miles from campus

Single-Family · 3 bd / 2.5 ba · $365,000

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.

8 representative buy scenarios

YOUR WAYNE 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

0.5 miles from campus

Condo · Cass Corridor / Midtown

2 bd 2 ba 1,250 sqft$275,000

Urban 2-bedroom condo on Cass Ave in the heart of Midtown, within walking distance of Wayne State and the Detroit Institute of Arts. Updated kitchen, open plan, building gym. A practical entry point for campus-area ownership in Detroit's university district.

For Sale

1 / 4

0.5 miles from campus

Condo · Cass Corridor / Midtown

2 bd 2 ba 1,250 sqft$275,000

Urban 2-bedroom condo on Cass Ave in the heart of Midtown, within walking distance of Wayne State and the Detroit Institute of Arts. Updated kitchen, open plan, building gym. A practical entry point for campus-area ownership in Detroit's university district.

For Sale

0.6 miles from campus

Single-Family · Midtown / Cass Corridor

3 bd 2.5 ba 2,100 sqft$365,000

Renovated 3-bedroom home in the Cass Corridor, a walk from Wayne State's main campus and the Midtown cultural district. Hardwood floors, modern kitchen, private yard. A strong parent-buy or campus-adjacent owner-occupant option in the heart of Detroit's university core.

For Sale

1 / 4

0.6 miles from campus

Single-Family · Midtown / Cass Corridor

3 bd 2.5 ba 2,100 sqft$365,000

Renovated 3-bedroom home in the Cass Corridor, a walk from Wayne State's main campus and the Midtown cultural district. Hardwood floors, modern kitchen, private yard. A strong parent-buy or campus-adjacent owner-occupant option in the heart of Detroit's university core.

For Sale

0.6 miles from campus

Single-Family · West Canfield / Midtown

4 bd 3 ba 2,450 sqft$429,000

Historic restored 4-bedroom home on West Canfield Historic District, steps from Wayne State and Midtown's restaurants and galleries. Original woodwork, updated systems, enclosed yard. One of Midtown's most desirable campus-adjacent streets.

For Sale

1 / 4

0.6 miles from campus

Single-Family · West Canfield / Midtown

4 bd 3 ba 2,450 sqft$429,000

Historic restored 4-bedroom home on West Canfield Historic District, steps from Wayne State and Midtown's restaurants and galleries. Original woodwork, updated systems, enclosed yard. One of Midtown's most desirable campus-adjacent streets.

For Sale

0.8 miles from campus

Single-Family · Midtown / Brush Park

4 bd 3 ba 2,300 sqft$425,000

Restored 4-bedroom home near Brush Park and the northern edge of Midtown, minutes from Wayne State and the QLine. Chef's kitchen, period details, landscaped yard. A premium campus-adjacent property with strong owner and rental appeal.

For Sale

1 / 4

0.8 miles from campus

Single-Family · Midtown / Brush Park

4 bd 3 ba 2,300 sqft$425,000

Restored 4-bedroom home near Brush Park and the northern edge of Midtown, minutes from Wayne State and the QLine. Chef's kitchen, period details, landscaped yard. A premium campus-adjacent property with strong owner and rental appeal.

For Sale

1.0 mile from campus

Single-Family · Eliot / North End

3 bd 2 ba 1,800 sqft$315,000

Renovated 3-bedroom home in the Eliot neighborhood, a short drive north of Wayne State in the North End. Updated kitchen and bath, refinished floors, fenced yard, off-street parking. A growing owner-occupant stretch near the campus corridor.

For Sale

1 / 4

1.0 mile from campus

Single-Family · Eliot / North End

3 bd 2 ba 1,800 sqft$315,000

Renovated 3-bedroom home in the Eliot neighborhood, a short drive north of Wayne State in the North End. Updated kitchen and bath, refinished floors, fenced yard, off-street parking. A growing owner-occupant stretch near the campus corridor.

For Sale

1.1 miles from campus

Condo · New Center / 2nd Ave

2 bd 1.5 ba 1,150 sqft$199,000

Affordable 2-bedroom condo on 2nd Ave in the New Center area, a short drive from Wayne State. Updated kitchen, in-unit laundry, secure entry. A low-cost entry into Detroit's campus-area ownership market.

For Sale

1 / 4

1.1 miles from campus

Condo · New Center / 2nd Ave

2 bd 1.5 ba 1,150 sqft$199,000

Affordable 2-bedroom condo on 2nd Ave in the New Center area, a short drive from Wayne State. Updated kitchen, in-unit laundry, secure entry. A low-cost entry into Detroit's campus-area ownership market.

For Sale

1.6 miles from campus

Condo · New Center

2 bd 2 ba 1,100 sqft$389,000

Modern 2-bedroom condo in the New Center area along Woodward Ave, a short drive from the Wayne State campus. Floor-to-ceiling windows, in-unit laundry, secure building, parking. A convenient owner-occupant or grad rental option near the Fisher Building district.

For Sale

1 / 4

1.6 miles from campus

Condo · New Center

2 bd 2 ba 1,100 sqft$389,000

Modern 2-bedroom condo in the New Center area along Woodward Ave, a short drive from the Wayne State campus. Floor-to-ceiling windows, in-unit laundry, secure building, parking. A convenient owner-occupant or grad rental option near the Fisher Building district.

For Sale

2.0 miles from campus

Single-Family · Milwaukee Junction

3 bd 2.5 ba 1,950 sqft$348,000

Updated 3-bedroom home in the Milwaukee Junction area just north of the Wayne State corridor. Modern kitchen, open floor plan, detached garage, and a fenced yard. Convenient to campus and the New Center business district.

For Sale

1 / 4

2.0 miles from campus

Single-Family · Milwaukee Junction

3 bd 2.5 ba 1,950 sqft$348,000

Updated 3-bedroom home in the Milwaukee Junction area just north of the Wayne State corridor. Modern kitchen, open floor plan, detached garage, and a fenced yard. Convenient to campus and the New Center business district.

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 Wayne State University.

Could Buying Near Wayne State Cost Less Than Renting?

Compare your student's Midtown Detroit 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

$1,281/mo

Approximately $119/mo less than renting

After $1,260/mo roommate contribution

Estimated 4-Year Difference

Estimated 4-year advantage: $25,960

Includes estimated principal reduction and resale proceeds.

Based on 2 roommates contributing an estimated $1,260/mo, a 15% 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 Wayne State?

Buying Near Campus

Explore condos, flats, and single-family homes near Wayne State University in Detroit's Midtown for parents, students, and owner-occupants.

View Homes

Renting Near Campus

Browse rentals near Wayne State — apartments, condos, and townhomes across the Midtown, Cass Corridor, and New Center neighborhoods.

View Rentals

Investment Analysis

Evaluate student and grad rental income, DSCR, and long-term urban demand in Detroit's university district.

Run Numbers

Selling a Campus Property

Review pricing, market conditions, and exit strategy for a Midtown Detroit campus-area property.

Get a Review

Wayne State University Housing Snapshot

Wayne State's main campus anchors Detroit's Midtown cultural district, where urban housing demand spans students, faculty, medical workers, and city professionals.

2026-08-20

Enrollment

~24,000

Median home value (Detroit)

$54,000

Median gross rent (Detroit)

$1,100

Campus mode

Urban (Midtown)

For Buyers

Wayne State families comparing the cost of rent with ownership must account for Midtown Detroit property values, Michigan property tax, insurance, HOA fees, roommate contribution potential, and after-graduation plans in an urban, walkable setting.

For Renters

Wayne State is a largely commuter and urban university, with many undergraduates, graduates, and medical students renting apartments across Midtown, Cass Corridor, and New Center within walking distance of the central campus.

For Investors

Detroit's Midtown is one of the city's densest residential corridors, drawing university, medical, and cultural demand. Investors should review rent per unit, tenant mix, operating expenses, and DSCR alongside Wayne State's enrollment stability.

Estimated median home value in Detroit, MI.

Source: Zillow Home Value Index (2026).

Estimated median gross rent in Detroit, MI. Midtown campus-area rentals often price above the city median per full unit.

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 Wayne State University?

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

Should parents rent or buy near Wayne State?

Wayne State families should compare four years of Midtown Detroit 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 Wayne State students live off campus?

Wayne State's main campus sits in Midtown Detroit, one of the city's densest cultural districts. Many undergraduates, graduates, and medical students live in Midtown, Cass Corridor, New Center, and North Woodbridge apartment and condo buildings within walking distance of campus.

Can a student rental near Wayne State work as an investment?

Student rentals near Wayne State benefit from large, stable enrollment in an urban, walkable setting. Investment success depends on purchase price, rent structure, expenses, turnover, and financing terms — reviewed property by property.

Can a property near Wayne State be reviewed for DSCR financing?

DSCR loans may apply to Midtown Detroit 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 Wayne State?

Detroit Midtown 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 Wayne State Housing Decision?

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

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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.

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BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

Wayne State Off-Campus Housing & Market Guidance

Homes for Sale Near Wayne State University

Could Buying Near Wayne State Cost Less Than Renting?

What Are You Looking for Near Wayne State?

Buying Near Campus

Renting Near Campus

Investment Analysis

Selling a Campus Property

Your Wayne State University Housing Team

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

Wayne State University Housing Snapshot

For Buyers

For Renters

For Investors

Frequently Asked Questions

Ready to Make a Smarter Wayne State Housing Decision?

Wayne StateWayne StateWayne State

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

Wayne State Off-Campus Housing & Market Guidance

Homes for Sale Near Wayne State University

Could Buying Near Wayne State Cost Less Than Renting?

What Are You Looking for Near Wayne State?

Buying Near Campus

Renting Near Campus

Investment Analysis

Selling a Campus Property

Your Wayne State University Housing Team

BECOME THE EXCLUSIVE REALTOR FOR SCHOOL

Wayne State University Housing Snapshot

For Buyers

For Renters

For Investors

Frequently Asked Questions

Ready to Make a Smarter Wayne State Housing Decision?

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