Kalamazoo, MI has a population of 75,833, while the median age is 26. The household income in Kalamazoo, MI is around $37,438. The homeownership rate among the residents is 45%. The median residential property value in Kalamazoo, MI that you should keep in mind is $99,300.
Population | 75,833 |
Median Age | 26.2 |
Poverty Rate | 31% |
Household Income | $37,438 |
Number Of Employees | 37,332 |
Median Property Value | $99,300 |
Rent Price | Feb | vs Last Month |
---|---|---|
Studio apartments | $1,375 | N/A |
1-bed apartments | $901 | +28.6% |
2-bed apartments | $1,553 | +1.4% |
3-bed apartments | $1,000 | N/A |
Over the February 2023, the average rent for an apartment in/near Kalamazoo, MI decreased by 15.4% to $1,230.
The average price for a rental studio in Kalamazoo, MI has remained the same as last month and equals $1,375. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 28.6% to $901. Pricing for 2-bed apartment also increased by 1.4% and a place of this size will now cost you $1,553. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $1,000. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,650 for a big-family home.
Rent Type Price | Feb | vs Last Month |
---|---|---|
Houses for rent | $1,000 | -39.4% |
Duplexes for rent | $1,600 | +0% |
Condos for rent | $1,025 | -24.7% |
Rooms for rent | $526 | -24.9% |
Apartments for rent | $1,325 | N/A |
Looking at the median rent price for an apartment in Kalamazoo, MI, you can note that it remains flat with a price tag of $1,325. Statistics show that house rent price decreased by 39.4% this month making it up to $1,000. Condos faced an upward trend these days. The median rent for a condo decreased by 24.7%, it’s now available for $1,025. An average duplex is now available for $1,600, cause median rent for a duplex remains the same this month. An average room will now go for $526, the median rent price for a room decreased by 24.9%.