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Kalamazoo, MI Real Estate

Kalamazoo is a city in Kalamazoo County, Michigan with a population of about 73,132. The median home value is near $164,500, and median rent runs around $1,031/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$164,500
Median Rent
$1,031/mo
Population
73,132
Median Income
$48,965
Median Age
26.8
Homeownership
42.9%

Monthly payment on a median Kalamazoo home

Example for a $164,500 home: 20% down, 30-yr at ~6.75%, MI property tax ~1.48%, 0.4% insurance.

Est. monthly (PITI)
$1,111
Principal & interest
$854
Property tax / mo
$203
Down payment (20%)
$32,900

Kalamazoo at a glance

  • 22.2% of residents 25+ hold a bachelor's degree or higher.
  • 42.9% of occupied homes are owner-occupied.
  • Median household income is $48,965.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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