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501 S University earns a strong overall rating with standout marks for amenities and location, along with solid value and trustworthiness. It is especially appealing for renters who want downtown conveniences, walkable surroundings, and access to a lively neighborhood with many nearby restaurants and mixed-use spaces.
Things you’ll love
Great for
| 501 S University - (38) | 3 bed | 1 bath | 800 sqft | $820 /mo | AVAILABLE SOON! NOW LEASING FOR THE 2026/27 LEASING YEAR! Cozy 3 bedroom unit on University, walking distance to campus and downtown. It doesn't get much cheaper than this to live so close to campus. $30/month water/sewer fee, and Tenant covers gas and electric. Small pets considered with a $250 pet fee and $25 per month pet rent. Size and breed restrictions apply. To schedule a showing text 989-495-4160 and mention 501 or, go to https app tenantturner com listings thedouglasdaypropertygroup |
Let's explore this property.
Apartment Amenities
| Trash Included | Utilities/Sewer |
| Water |
Building
| Cats OK | Dogs OK |
Per-applicant. Agent application fee.
One-time.
1 cat max.
1 dog max.
Questions about this property’s policies and fees?
| Units | 1 |
|---|---|
| Lease terms | 10 months |
READY NOW!! Great location, 1 bedroom/1bath unit, walking distance to CMU campus & all downtown amenities! All newly painted! Tenant responsible gas and electric & monthly $30 water/sewer utility charge. Landlord covers trash & lawn-care. Small pets considered, $250 pet fee and $25 per month pet rent, per animal. To schedule a showing, text this address number to 989-495-4160, and receive a link to set up a showing or, go to https app tenantturner com listings thedouglasdaypropertygroup
How 501 S University compares to other nearby properties.
Positives
Considerations
3-bedroom apartments at 501 S University cost about 11% less than the average rent price for 3-bedroom apartments in Mt Pleasant.
| Month | Median Rent |
|---|---|
| August 2024 | $631 |
| September 2024 | $620 |
| October 2024 | $600 |
| November 2024 | $631 |
| December 2024 | $676 |
| January 2025 | $900 |
| February 2025 | $620 |
| March 2025 | $689 |
| April 2025 | $725 |
| May 2025 | $900 |
| June 2025 | $690 |
| July 2025 | $754 |
| August 2025 | $760 |
| October 2025 | $784 |
| November 2025 | $766 |
| January 2026 | $750 |
| February 2026 | $750 |
| March 2026 | $750 |
| April 2026 | $750 |
| May 2026 | $640 |
| June 2026 | $662 |
| July 2026 | $649 |
Can I afford to live at 501 S University Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$32,800/yr
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