Find Yourself in a House for Rent in Kalamazoo, MI
Kalamazoo is one of Michigan's most recognizable small towns. Its closest metropolitan center is Grand Rapids, just over an hour away. But this charming small town has much to offer in the way of entertainment, education, and homes for rent for all sorts of families.
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Things for Renters to Do in Kalamazoo
Families who rent in Kalamazoo, MI, can engage in such local activities as the annual 'Eccentric Day', when bizarre behavior is expected and encouraged. Visit one of the three breweries in the city or take a tour of the famed flavoring companies headquartered in the area to get a taste of fresh peppermint oil.
Kalamazoo is also one of the few places where residents can attend an animation festival. A project of the Kalamazoo Valley Community College, the Kalamazoo Animation Festival International encourages animation artists, promotes the animation industry and has residents something fun to do since 2002.
Educational and Professional Opportunities Near Kalamazoo Rental Homes
College students, graduates and those looking for work have quite a few options, as there is a handful of local campuses in the Kalamazoo area. Western Michigan University, Kalamazoo College and a branch of the Michigan State medical school offer not only educational opportunities, but jobs in a variety of disciplines. Traditionally speaking, Kalamazoo has also been a stronghold for jobs in the manufacturing industry.
Find a Home to Rent in Kalamazoo, MI
To find homes for rent in Kalamazoo, trust Rentals.com to jump-start your search.
The median monthly gross residential rent in Kalamazoo, MI (the Kalamazoo-Portage metro area) was $770 in 2017 according to the Census ACS survey.1Average gross rent in Kalamazoo was $794 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Kalamazoo median and average rent data will be released in September of 2019.
Data is also available below for Kalamazoo rental vacancy rates, Kalamazoo rent as a percent of median income and the fraction of renters in Kalamazoo.
Show dollars as: NominalReal
Nominal Gross Rent in Kalamazoo Michigan
2017 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,012 | +3.16% | +8.35% |
Michigan Median Gross Rent | $835 | +2.08% | +5.96% |
Kalamazoo, MI Median Gross Rent | $770 | +3.22% | +8.30% |
Kalamazoo, MI Nominal Gross Rent Trends
At $770, nominal median gross rent in Kalamazoo was at its highest level in 2017 since the series began in 2005. Average gross rent for Kalamazoo peaked in nominal terms in 2016 at $818 and is now $24 (2.93%) lower.
Nominal Gross Rent in Kalamazoo Michigan: Kalamazoo MI Median, Kalamazoo MI Average, Michigan Median, US Median
Nominal Gross Rent History for Kalamazoo
Date | US Median | Michigan Median | Kalamazoo, MI Median | Kalamazoo, MI Average |
---|---|---|---|---|
2017 | $1,012 | $835 | $770 | $794 |
2016 | $981 | $818 | $746 | $818 |
2015 | $959 | $803 | $716 | $726 |
2014 | $934 | $788 | $711 | $736 |
2013 | $905 | $768 | $698 | $731 |
2012 | $884 | $748 | $672 | $674 |
2011 | $871 | $739 | $681 | $677 |
2010 | $855 | $730 | $683 | $701 |
2009 | $842 | $716 | $646 | $659 |
2008 | $824 | $706 | $647 | $675 |
2007 | $789 | $683 | $628 | $633 |
2006 | $763 | $675 | $613 | $612 |
Real Gross Rent in Kalamazoo Michigan (2017 dollars)2
2017 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,012 | +1.61% | +5.86% |
Michigan Median Gross Rent | $835 | +0.48% | +3.47% |
Kalamazoo, MI Median Gross Rent | $770 | +1.58% | +5.77% |
Kalamazoo, MI Real Gross Rent Trends
At $770, real median gross rent in Kalamazoo was at its highest level in 2017 since the series began in 2005. Average gross rent for Kalamazoo peaked in real terms in 2016 at $831 and is now $37 (4.45%) lower.
Real Gross Rent in Kalamazoo: Kalamazoo MI Median, Kalamazoo MI Average, Michigan Median, US Median
Real Gross Rent History for Kalamazoo
Date | US Median | Michigan Median | Kalamazoo, MI Median | Kalamazoo, MI Average |
---|---|---|---|---|
2017 | $1,012 | $835 | $770 | $794 |
2016 | $996 | $831 | $758 | $831 |
2015 | $987 | $826 | $737 | $747 |
2014 | $956 | $807 | $728 | $754 |
2013 | $924 | $784 | $713 | $747 |
2012 | $912 | $772 | $693 | $695 |
2011 | $912 | $774 | $713 | $709 |
2010 | $927 | $791 | $740 | $760 |
2009 | $931 | $791 | $714 | $728 |
2008 | $947 | $811 | $743 | $775 |
2007 | $899 | $778 | $716 | $721 |
2006 | $909 | $804 | $730 | $729 |
Kalamazoo Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3In 2017 the rental vacancy rate for Kalamazoo Michigan was 3.47% according to Census ACS data.
Rental Vacancy Rate in Kalamazoo Michigan
2017 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 6.18% | +0.29% | -0.14% |
Michigan | 4.87% | -0.54% | -1.01% |
Kalamazoo, MI | 3.47% | -2.66% | -1.65% |
Trends in Kalamazoo, MI Rental Vacancy Rate
The rental vacancy rate in Kalamazoo peaked in 2006 at 9.49%. Since then it has fallen by 6.02% to 3.47%. Data records for this series originated in 2005.
Rental Vacancy Rate: Kalamazoo MI, Michigan, US
Historical Rental Vacancy Rate data for Kalamazoo
Date | US | Michigan | Kalamazoo, MI |
---|---|---|---|
2017 | 6.18% | 4.87% | 3.47% |
2016 | 5.89% | 5.41% | 6.13% |
2015 | 5.85% | 5.19% | 4.96% |
2014 | 6.32% | 5.88% | 5.12% |
2013 | 6.49% | 6.04% | 3.83% |
2012 | 6.77% | 6.73% | 5.32% |
2011 | 7.40% | 7.72% | 6.76% |
2010 | 8.17% | 9.60% | 8.08% |
2009 | 8.43% | 9.48% | 6.24% |
2008 | 7.86% | 9.73% | 7.94% |
2007 | 7.87% | 9.66% | 9.21% |
2006 | 7.70% | 10.42% | 9.49% |
Rent as a Fraction of Income
Using median household income data for Kalamazoo, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Kalamazoo, median monthly gross rent as a fraction of median household income was 16.76% in 2017 according to the ACS.
Kalamazoo Michigan Median Annual Rent as a Fraction of Median Household Income
2017 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.13% | -0.30% | -0.76% |
Michigan | 18.25% | -0.45% | -0.72% |
Kalamazoo, MI | 16.76% | -0.44% | -1.90% |
Trends in Kalamazoo, MI Rent as a Fraction of Income
The fraction of median Kalamazoo household income required to pay median monthly gross rent peaked in 2009 (relative to the 2005 series origin) at 18.87%. Since then it has fallen by 2.11% to 16.76%.
Fraction of Income towards Rent: Kalamazoo MI, Michigan, US
Historical Data for Annual Rent as a Fraction of Income in Kalamazoo Michigan
Date | US | Michigan | Kalamazoo, MI |
---|---|---|---|
2017 | 20.13% | 18.25% | 16.76% |
2016 | 20.43% | 18.70% | 17.20% |
2015 | 20.63% | 18.86% | 16.79% |
2014 | 20.89% | 18.97% | 18.66% |
2013 | 20.78% | 19.09% | 18.33% |
2012 | 20.65% | 19.16% | 18.19% |
2011 | 20.70% | 19.29% | 18.32% |
2010 | 20.50% | 19.29% | 18.78% |
2009 | 20.12% | 18.99% | 18.87% |
2008 | 19.00% | 17.44% | 16.94% |
2007 | 18.66% | 17.09% | 17.11% |
2006 | 18.90% | 17.17% | 16.84% |
Renter Fraction in Kalamazoo Michigan
You can calculate the renter fraction in Kalamazoo in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Kalamazoo as a fraction of total Kalamazoo households. In 2017 32.71% of households were renters according to Census ACS data.
Kalamazoo Fraction of Renters by Household Units
2017 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 36.13% | -0.75% | -0.77% |
Michigan | 28.67% | -1.01% | -1.09% |
Kalamazoo, MI | 32.71% | +0.20% | -2.61% |
Trends in the Kalamazoo, MI Renter Fraction
The Kalamazoo household renter fraction peaked in in 2014 at 35.32% and is now 2.61% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Kalamazoo MI, Michigan, US
History of Kalamazoo Renter Fraction
Date | US | Michigan | Kalamazoo, MI |
---|---|---|---|
2017 | 36.13% | 28.67% | 32.71% |
2016 | 36.88% | 29.68% | 32.51% |
2015 | 36.97% | 29.58% | 32.91% |
2014 | 36.90% | 29.76% | 35.32% |
2013 | 36.50% | 29.45% | 33.29% |
2012 | 36.09% | 28.94% | 32.66% |
2011 | 35.42% | 28.26% | 31.44% |
2010 | 34.65% | 27.25% | 32.02% |
2009 | 34.13% | 26.81% | 33.11% |
2008 | 33.36% | 26.02% | 30.21% |
2007 | 32.80% | 25.17% | 30.75% |
2006 | 32.73% | 24.83% | 29.97% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩