The Most Affordable Neighborhoods in Burke Acres, Kalamazoo, MI by Home Value

 

Burke Acres, Kalamazoo, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Burke Acres area can be challenging. Home prices in Burke Acres are now at a median cost of $95,889, lower than the Kalamazoo average of $179,662.

The average cost of rent is $819/mo in Burke Acres, primarily driven by the current value of real estate in the Burke Acres area. While nearly 33.59% of residents own their homes outright in Burke Acres, 36.79% rent.

Housing affordability isn’t just about home prices, though. The average household income in Burke Acres is $2,988 per month. Households that rent pay about 27.40% of their income on rent here. Burke Acres's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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