Property Prices in Kalamazoo, MI, United States

Index Info
Price to Income Ratio: 2.95
Mortgage as Percentage of Income: 26.23%
Loan Affordability Index: 3.81
Price to Rent Ratio - City Centre: 7.19
Price to Rent Ratio - Outside of Centre: 11.23
Gross Rental Yield (City Centre): 13.90%
Gross Rental Yield (Outside of Centre): 8.90%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,310.00 $ 1,200.00-1,530.00
1 Bedroom Apartment Outside of City Centre 768.43 $ 700.00-913.00
3 Bedroom Apartment in City Centre 2,516.67 $ 2,000.00-3,000.00
3 Bedroom Apartment Outside of City Centre 1,547.17 $ 1,483.00-1,650.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 196.75 $ 159.98-300.00
Price per Square Feet to Buy Apartment Outside of Centre 184.25 $ 159.98-250.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,478.20 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.43 6.00-6.80

These data are based on 68 entries from 22 contributors over the past 18 months.
Last update: 8 January 2026

Sources and References
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