The Most Affordable Neighborhoods in Western Michigan University-KRPH, Kalamazoo, MI by Home Value

 

Western Michigan University-KRPH, Kalamazoo, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Western Michigan University-KRPH area can be challenging. Home prices in Western Michigan University-KRPH are now at a median cost of $242,200, higher than the Kalamazoo average of $233,896.

The average cost of rent is $875/mo in Western Michigan University-KRPH, primarily driven by the current value of real estate in the Western Michigan University-KRPH area. In Western Michigan University-KRPH, 83.27% of households rent, and 69.39% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Western Michigan University-KRPH is $1,169 per month. Households that rent pay about 74.87% of their income on rent here. Western Michigan University-KRPH’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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