Kalamazoo, MI Rental Market Trends
Highlights
The average rent for an apartment in Kalamazoo is $890, a 2% increase compared to the previous year, when the average rent was $871.
Studio apartments in Kalamazoo rent for $694 a month, while 1-bedroom apartments ask on average $696 a month; the average rent for a 2-bedroom apartment is $844.
Average Rent in Kalamazoo, MI
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $890 | $694 | $696 | $844 | $1,083 |
| Y-o-Y Change | 2% | 7% | 1% | 3% | 3% |
| Average Apartment Size | 977 sq. ft. | 502 sq. ft. | 712 sq. ft. | 981 sq. ft. | 1,311 sq. ft. |
The average size for a Kalamazoo apartment is 977 square feet, but this number varies greatly depending on apartment type. A studio averages 502 sq. ft., while a one-bedroom apartment offers a more generous square footage: 712. 2-bedroom apartments in Kalamazoo have an average size of 981 sq. ft.
Kalamazoo, MI Apartment Rent Ranges
- < $5004%
- $501-$70045%
- $701-$1,00051%
Kalamazoo, MI Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Aug / 2018 | $890 | $694 | $696 | $844 | $1,083 |
| Jan / 2018 | $890 | $694 | $696 | $844 | $1,083 |
| Sept / 2017 | $872 | $670 | $683 | $826 | $1,063 |
| May / 2017 | $871 | $648 | $686 | $823 | $1,047 |
| Jan / 2017 | $856 | $627 | $666 | $807 | $1,058 |
| Sept / 2016 | $847 | $624 | $662 | $798 | $1,044 |
| May / 2016 | $845 | $612 | $657 | $797 | $1,052 |
| Jan / 2016 | $841 | $606 | $646 | $798 | $1,033 |
| Sept / 2015 | $819 | $597 | $645 | $788 | $1,001 |
| May / 2015 | $807 | $606 | $636 | $779 | $998 |
Average Rent in Kalamazoo, MI By Neighborhood
| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | All rentals | Studio | 1 Bed | 2 Beds | 3 Beds |
| Millwood | $687 | $513 | $630 | $740 | $743 |
| Edison | $713 | $555 | $647 | $734 | $715 |
| Westnedge Hill | $740 | $555 | $674 | $767 | $779 |
| South Westnedge | $740 | $555 | $674 | $767 | $779 |
| Vine | $759 | $555 | $674 | $797 | $781 |
| Colony Farm - Parkview Hills | $848 | $507 | $685 | $860 | $1,187 |
| Arcadia | $916 | $544 | $693 | $879 | $1,219 |
| Western Michigan University/KRPH | $936 | $697 | $717 | $858 | $1,255 |
| Knollwood | $936 | $697 | $717 | $858 | $1,255 |
| Kalamazoo Central Business District | $993 | $697 | $723 | $892 | $1,259 |
The most affordable neighborhoods in Kalamazoo are Millwood, where the average rent goes for $687/month, Edison, where renters pay $713/mo on average, and South Westnedge, where the average rent goes for $740/mo. If you’re looking for other great deals, check out the listings from Westnedge Hill ($740), Vine ($759), and Colony Farm - Parkview Hills ($848), where the asking prices are below the average Kalamazoo rent of $890/mo.
The most expensive neighborhoods in Kalamazoo are Knollwood ($936), Western Michigan University/KRPH ($936) and Kalamazoo Central Business District ($993).
Kalamazoo | Rent Comparison by Neighborhood
Rent in Arcadia is 8% higher than in Colony Farm - Parkview Hills
Arcadia rent is 3% higher than Kalamazoo average
| All rentals | $916 |
|---|---|
| Studio | $544 |
| 1 Bed | $693 |
| 2 Beds | $879 |
| 3 Beds | $1,219 |
Colony Farm - Parkview Hills rent is 5% lower than Kalamazoo average
| All rentals | $848 |
|---|---|
| Studio | $507 |
| 1 Bed | $685 |
| 2 Beds | $860 |
| 3 Beds | $1,187 |
How Does Kalamazoo Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Kalamazoo | $890 | 2% |
| Portage | $785 | 5% |
| Comstock Northwest | $818 | 6% |
| Westwood | $977 | 4% |
| Eastwood | $818 | 6% |
| Parchment | $917 | 1% |
| Richland | $597 | 1% |
For more information about the Kalamazoo rental trends, check out our monthly rent report