Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Kalamazoo area can be challenging. Home prices in Kalamazoo are now at a median cost of $179,662, lower than the Michigan average of $196,062.
The average cost of rent is $866/mo in Kalamazoo, primarily driven by the current value of real estate in the Kalamazoo area. While nearly 44.78% of residents own their homes outright in Kalamazoo, 45.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Kalamazoo is $4,866 per month. Households that rent pay about 17.79% of their income on rent here. Kalamazoo's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Westwood, MI: equally priced homes
- Eastwood, MI: less expensive homes
- Parchment, MI: less expensive homes
- Portage, MI: higher priced homes
- Greater Galesburg, MI: equally priced homes
- Richland Junction, MI: higher priced homes
- Mentha, MI: higher priced homes
- Galesburg, MI: equally priced homes
- Mattawan, MI: higher priced homes
- Scotts, MI: higher priced homes
Cities with Similar Populations
- Ontario, CA: higher priced homes
- North Hollywood, CA: higher priced homes
- O'fallon, MO: higher priced homes
- Noblesville, IN: higher priced homes
- Norcross, GA: higher priced homes
- Oviedo, FL: higher priced homes
- North Charleston, SC: equally priced homes
- Oklahoma City, OK: equally priced homes
- Oakland, CA: higher priced homes
- Ogden, UT: higher priced homes
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