Kalamazoo, MI Rental Market Trends
Highlights
The average rent for an apartment in Kalamazoo is $967, a 2% increase compared to the previous year, when the average rent was $952.
Average Rent in Kalamazoo, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $967 | 2% | 973 sq. ft. |
The average size for a Kalamazoo, MI apartment is 973 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-$70014%
- $701-$1,00058%
- $1,001-$1,50019%
- $1,501-$2,0007%
- > $2,0001%
Kalamazoo, MI Occupied Housing Units
- Renter-occupied Households55%
- Owner-occupied Households44%
15,799 or 55% of the households in Kalamazoo, MI are renter-occupied while 12,866 or 44% are owner-occupied.
Kalamazoo, MI Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Jun / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Kalamazoo, MI | $856 | $871 | $872 | $890 | $890 | $920 | $952 | $938 | $953 | $967 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Kalamazoo, MI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Millwood | $767 |
| Edison | $810 |
| Westnedge Hill | $819 |
| South Westnedge | $819 |
| Oakwood - Hill N' Brook | $830 |
| Oakland - Winchell | $830 |
| Vine | $840 |
| Burke Acres | $893 |
| Colony Farm - Parkview Hills | $903 |
| Arcadia | $978 |
| Western Michigan University/KRPH | $1,003 |
| Knollwood | $1,003 |
| Kalamazoo Central Business District | $1,061 |
| Northside Kalamazoo | $1,295 |
The most affordable neighborhoods in Kalamazoo are Millwood, where the average rent goes for $767/month, Edison, where renters pay $810/mo on average, and South Westnedge, where the average rent goes for $819/mo. If you’re looking for other great deals, check out the listings from Westnedge Hill ($819), Oakland - Winchell ($830), and Oakwood - Hill N' Brook ($830), where the asking prices are below the average Kalamazoo rent of $967/mo.
The most expensive neighborhoods in Kalamazoo are Western Michigan University/KRPH ($1,003), Kalamazoo Central Business District ($1,061) and Northside Kalamazoo ($1,295).
The most popular neighborhood in Kalamazoo is Knollwood, where there are 4 verified RENTCafé listings with an average rent of $1,003. Next up is Arcadia, where apartments go for $978/month, followed by Millwood with $767 If you’re looking to rent in Kalamazoo’s most popular neighborhoods, make sure to also check out Oakland - Winchell, where renters pay $830 on average, and Vine, where the average monthly rent is $840.
Kalamazoo | Rent Comparison by Neighborhood
Rent in Arcadia is 10% higher than in Burke Acres
Arcadia rent is 1% higher than Kalamazoo average
| Average Rent | $978 |
|---|
Burke Acres rent is 8% lower than Kalamazoo average
| Average Rent | $893 |
|---|
How Kalamazoo Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,082 | 5% |
| East Lansing | $1,294 | n/a |
| Detroit | $1,069 | 1% |
| Lansing | $880 | 3% |
| Ann Arbor | $1,580 | 3% |
| Kalamazoo | $967 | 2% |
| Portage | $860 | 3% |
| Battle Creek | $736 | 4% |
| Springfield | $674 | 3% |
| Westwood | $1,044 | n/a |
| Allegan | $891 | 6% |
For more information about the Kalamazoo rental trends, check out our monthly rent report
Check out Michigan Cities, Michigan Neighborhoods and Michigan Zip Codes for more details on verified listings, including the Michigan Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!