Kalamazoo, MI Rental Market Trends
What is the average rent in Kalamazoo?
The average rent for an apartment in Kalamazoo is $1,023, a 6% increase compared to the previous year, when the average rent was $967.
Average Rent in Kalamazoo, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,023 | 6% | 969 sq. ft. |
What is the average apartment size in Kalamazoo?
The average size for a Kalamazoo, MI apartment is 969 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Kalamazoo, MI Apartment Rent Ranges
- $501-$70012%
- $701-$1,00054%
- $1,001-$1,50021%
- $1,501-$2,0007%
- > $2,0004%
Kalamazoo, MI Occupied Housing Units
- Renter-occupied Households55%
- Owner-occupied Households44%
16,022 or 55% of the households in Kalamazoo, MI are renter-occupied while 12,985 or 44% are owner-occupied.
Kalamazoo, MI Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Kalamazoo, MI | $890 | $890 | $920 | $952 | $938 | $953 | $967 | $984 | $1,012 | $1,023 |
| National | $1,346 | $1,355 | $1,359 | $1,356 | $1,391 | $1,398 | $1,400 | $1,390 | $1,395 | $1,407 |
Average Rent in Kalamazoo, MI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Northside Kalamazoo | $1,614 |
| Kalamazoo Central Business District | $1,125 |
| Knollwood | $1,043 |
| Western Michigan University/KRPH | $1,043 |
| Arcadia | $1,022 |
| Colony Farm - Parkview Hills | $950 |
| Vine | $926 |
| Burke Acres | $907 |
| Oakland - Winchell | $875 |
| Oakwood - Hill N' Brook | $875 |
| South Westnedge | $856 |
| Westnedge Hill | $856 |
| Edison | $841 |
| Millwood | $807 |
What are the most affordable neighborhoods in Kalamazoo?
The most affordable neighborhoods in Kalamazoo are Millwood, where the average rent goes for $807/month, Edison, where renters pay $841/mo on average, and South Westnedge, where the average rent goes for $856/mo. If you’re looking for other great deals, check out the listings from Westnedge Hill ($856), Oakland - Winchell ($875), and Oakwood - Hill N' Brook ($875), where the asking prices are below the average Kalamazoo rent of $1,023/mo.
What are the most expensive neighborhoods in Kalamazoo?
The most expensive neighborhoods in Kalamazoo are Western Michigan University/KRPH ($1,043), Kalamazoo Central Business District ($1,125) and Northside Kalamazoo ($1,614).
What are the most popular neighborhoods in Kalamazoo?
The most popular neighborhood in Kalamazoo is Arcadia, where there are 3 verified RENTCafé listings with an average rent of $1,022. Next up is Knollwood, where apartments go for $1,043/month, followed by Millwood with $807 If you’re looking to rent in Kalamazoo’s most popular neighborhoods, make sure to also check out Vine, where renters pay $926 on average, and Colony Farm - Parkview Hills, where the average monthly rent is $950.
Kalamazoo | Rent Comparison by Neighborhood
Rent in Arcadia is 13% higher than in Burke Acres
Arcadia rent is 1% lower than Kalamazoo average
| Average Rent | $1,022 |
|---|
Burke Acres rent is 11% lower than Kalamazoo average
| Average Rent | $907 |
|---|
How Kalamazoo Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,140 | 4% |
| Detroit | $1,115 | 4% |
| East Lansing | $1,299 | n/a |
| Ann Arbor | $1,604 | 1% |
| Lansing | $911 | 3% |
| Kalamazoo | $1,023 | 6% |
| Wyoming | $1,015 | 8% |
| Portage | $917 | 7% |
| Kentwood | $1,065 | 7% |
| Battle Creek | $787 | 7% |
| Elkhart | $813 | 7% |