Best Value Midwestern Colleges

There are 252 colleges in the Midwest ranked by value using the same methodology as our national list. Rankings balance academic quality with the net price students typically pay.

University of Michigan Ann Arbor leads Midwest value rankings for 2027 with a 10 out of 10 academic rating and an average net price of $17,574. The top value public university is also University of Michigan Ann Arbor. Also high value: Washington University in St Louis, Northwestern University and University of Chicago.

Compare net price, aid, and academic ratings across the colleges below. See how value scores are calculated on our methodology page. Explore the regional list below or browse individual states.

252 Results
Sort:
Midwest Public Private 4 Year

University of Michigan Ann Arbor

  • Public 4 Year
  • Ann Arbor, MI
  • 4.8 | 5 reviews
  • Feb 1 application deadline

Michigan is a highly selective public university known for undergraduate business, engineering, and the social sciences. Ann Arbor is a classic college town built around the campus.

#1 Best Value in the Midwest 10/10 Overall Rating
  • SAT Range 1360-1530
  • Avg GPA 3.88
  • Acceptance Rate 16%
  • Net Price $17,574
Details

Washington University in St Louis

  • Private 4 Year
  • St. Louis, MO
  • 5.0 | 2 reviews
  • Jan 4 application deadline

WashU is a highly selective private university known for undergraduate biology, business, and engineering. The Danforth campus adjoins Forest Park in suburban St. Louis.

#2 Best Value in the Midwest 10/10 Overall Rating
  • SAT Range 1500-1570
  • Predicted Avg GPA 3.92
  • Acceptance Rate 12%
  • Net Price $22,408
Details

Northwestern University

  • Private 4 Year
  • Evanston, IL
  • 5.0 | 1 reviews
  • Jan 1 application deadline

Northwestern is a highly selective private university known for undergraduate journalism, communications, and theater. The Evanston campus runs along Lake Michigan just north of Chicago.

#3 Best Value in the Midwest 10/10 Overall Rating
  • SAT Range 1510-1570
  • Predicted Avg GPA 3.92
  • Acceptance Rate 8%
  • Net Price $26,830
Details

University of Chicago

  • Private 4 Year
  • Chicago, IL
  • 5.0 | 3 reviews

UChicago is a highly selective private university known for undergraduate economics and a rigorous Core Curriculum. The urban campus occupies Hyde Park on Chicago's South Side.

#4 Best Value in the Midwest 10/10 Overall Rating
  • SAT Range 1510-1580
  • Predicted Avg GPA 3.95
  • Acceptance Rate 4%
  • Net Price $28,060
Details

University of Notre Dame

  • Private 4 Year
  • Notre Dame, IN
  • 4.1 | 7 reviews
  • Jan 1 application deadline

Notre Dame is a highly selective private Catholic university known for undergraduate business, engineering, and architecture. The residential campus near South Bend is centered on the Golden Dome and Basilica of the Sacred Heart.

#5 Best Value in the Midwest 10/10 Overall Rating
  • SAT Range 1455-1560
  • Predicted Avg GPA 3.91
  • Acceptance Rate 11%
  • Net Price $29,300
Details

Carleton College

  • Private 4 Year
  • Northfield, MN
  • 5.0 | 1 reviews
  • Jan 15 application deadline

Carleton is a highly selective private liberal arts college known for undergraduate natural sciences, economics, and political science. Most students live on the residential campus in the small college town of Northfield.

#6 Best Value in the Midwest 10/10 Overall Rating
  • SAT Range 1450-1560
  • Predicted Avg GPA 3.9
  • Acceptance Rate 20%
  • Net Price $28,047
Details
Wartburg College Campus
 

Wartburg College

  • Private 4 Year
  • Waverly, IA
  • | 0 reviews

Wartburg is a private liberal arts college known for undergraduate music, education, and biology. Most students live on the residential campus in the small Iowa town of Waverly, with long ties to the Evangelical Lutheran Church.

#7 Best Value in the Midwest 6/10 Overall Rating
  • SAT Range 930-1200
  • Avg GPA 3.48
  • Acceptance Rate 76%
  • Net Price $24,031
Details

University of Wisconsin Madison

  • Public 4 Year
  • Madison, WI
  • 5.0 | 1 reviews
  • Jan 15 application deadline

Wisconsin is a highly selective public university known for undergraduate business, engineering, and the biological sciences. The lakeside campus occupies an isthmus between Lake Mendota and Lake Monona in a classic college town.

#8 Best Value in the Midwest 8/10 Overall Rating
  • SAT Range 1380-1520
  • Avg GPA 3.88
  • Acceptance Rate 45%
  • Net Price $14,235
Details

Albion College

  • Private 4 Year
  • Albion, MI
  • | 0 reviews

Albion is a private liberal arts college known for undergraduate sciences, pre-medical studies, and business. The residential campus sits in a small college town in south-central Michigan.

#9 Best Value in the Midwest 7/10 Overall Rating
  • SAT Range 930-1160
  • Avg GPA 3.48
  • Acceptance Rate 81%
  • Net Price $16,719
Details

University of Illinois Urbana Champaign

  • Public 4 Year
  • Champaign, IL
  • 4.4 | 5 reviews
  • Jan 5 application deadline

Illinois is a highly selective public university known for undergraduate computer science and engineering. The campus spans the adjacent college towns of Champaign and Urbana.

#10 Best Value in the Midwest 8/10 Overall Rating
  • SAT Range 1310-1520
  • Predicted Avg GPA 3.79
  • Acceptance Rate 42%
  • Net Price $13,973
Details

Grinnell College

  • Private 4 Year
  • Grinnell, IA
  • 5.0 | 1 reviews
  • Jan 15 application deadline

Grinnell is a highly selective private liberal arts college known for an open curriculum and undergraduate work in the sciences and social sciences. Most undergrads live on the residential campus in the small town of Grinnell.

#11 Best Value in the Midwest 9/10 Overall Rating
  • SAT Range 1410-1540
  • Predicted Avg GPA 3.89
  • Acceptance Rate 15%
  • Net Price $34,363
Details

University of St Francis

  • Private 4 Year
  • Joliet, IL
  • | 0 reviews
  • Aug 1 application deadline

University of St. Francis is a private Catholic university known for undergraduate nursing, health sciences, and education. The campus sits in Joliet, a suburban city southwest of Chicago.

#12 Best Value in the Midwest 7/10 Overall Rating
  • SAT Range 1030-1220
  • Avg GPA 3.47
  • Acceptance Rate 65%
  • Net Price $14,045
Details

St Olaf College

  • Private 4 Year
  • Northfield, MN
  • 4.8 | 4 reviews
  • Jan 15 application deadline

St. Olaf is a private liberal arts college known for undergraduate music and the sciences. Most students live on the residential campus in the college town of Northfield.

#13 Best Value in the Midwest 8/10 Overall Rating
  • SAT Range 1300-1470
  • Avg GPA 3.68
  • Acceptance Rate 48%
  • Net Price $26,756
Details

Truman State University

  • Public 4 Year
  • Kirksville, MO
  • 5.0 | 1 reviews

Truman State is a public liberal arts university known for undergraduate sciences, business, and education. The residential campus sits in the small college town of Kirksville.

#14 Best Value in the Midwest 7/10 Overall Rating
  • SAT Range 1170-1370
  • Avg GPA 3.81
  • Acceptance Rate 84%
  • Net Price $13,602
Details

Millikin University

  • Private 4 Year
  • Decatur, IL
  • 3.7 | 3 reviews

Millikin is a private university known for undergraduate music, theatre, and business. The residential campus is in Decatur in central Illinois.

#15 Best Value in the Midwest 6/10 Overall Rating
  • SAT Range 860-1130
  • Avg GPA 3.4
  • Acceptance Rate 67%
  • Net Price $22,813
Details

DePauw University

  • Private 4 Year
  • Greencastle, IN
  • 3.5 | 2 reviews
  • Feb 1 application deadline

DePauw is a private liberal arts college known for undergraduate music and communication. Most students join the large Greek system on its college-town campus in Greencastle.

#16 Best Value in the Midwest 9/10 Overall Rating
  • SAT Range 1200-1410
  • Avg GPA 3.97
  • Acceptance Rate 57%
  • Net Price $31,411
Details

Michigan Technological University

  • Public 4 Year
  • Houghton, MI
  • 5.0 | 1 reviews

Michigan Tech is a public university known for undergraduate engineering, computer science, and forestry. Students attend campus in the Upper Peninsula town of Houghton near Lake Superior.

#17 Best Value in the Midwest 7/10 Overall Rating
  • SAT Range 1130-1350
  • Avg GPA 3.78
  • Acceptance Rate 92%
  • Net Price $16,879
Details

Purdue University Main Campus

  • Public 4 Year
  • West Lafayette, IN
  • 4.6 | 5 reviews

Purdue is a large public university known for undergraduate engineering, agriculture, and computer science. Students live on a large campus in the college town of West Lafayette along the Wabash River.

#18 Best Value in the Midwest 9/10 Overall Rating
  • SAT Range 1200-1480
  • Avg GPA 3.67
  • Acceptance Rate 50%
  • Net Price $13,722
Details