Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Knollwood area can be challenging. Home prices in Knollwood are now at a median cost of $83,290, lower than the Kalamazoo average of $233,896.
The average cost of rent is $1,023/mo in Knollwood, primarily driven by the current value of real estate in the Knollwood area. In Knollwood, 90.70% of households rent, and 67.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Knollwood is $3,637 per month. Households that rent pay about 28.12% of their income on rent here. Knollwood’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Arcadia, Kalamazoo, MI: higher priced homes
- Oakland-Winchell, Kalamazoo, MI: higher priced homes
- Western Michigan University-KRPH, Kalamazoo, MI: higher priced homes
- Vine, Kalamazoo, MI: higher priced homes
- Westnedge Hill, Kalamazoo, MI: higher priced homes
- South Westnedge, Kalamazoo, MI: higher priced homes
- Northside, Kalamazoo, MI: higher priced homes
- Edison, Kalamazoo, MI: higher priced homes
- Milwood, Kalamazoo, MI: higher priced homes
- Burke Acres, Kalamazoo, MI: higher priced homes
Neighborhoods with Similar Populations
- Kilbourn Town, Milwaukee, WI: higher priced homes
- South Valley, Syracuse, NY: higher priced homes
- South Hagginwood, Sacramento, CA: higher priced homes
- South Campus, Madison, WI: higher priced homes
- Sierra Montana, Surprise, AZ: higher priced homes
- Shoreview, San Mateo, CA: higher priced homes
- Seven Bar Ranch, Albuquerque, NM: higher priced homes
- Riviera East, Houston, TX: higher priced homes
- Riverdale, Detroit, MI: higher priced homes
- Rancho San Antonio, Oakland, CA: higher priced homes
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