Rental numbers for Kalamazoo County, MI
The typical home here runs -$1,058 a month at 7.78% with 25% down. 1 of 8 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.7%.
- Gross yield
- 5.5%
- typical home, Zillow
- Median ZIP yield
- 6.7%
- 8 ZIPs with full data
- Cash flow
- -$1,058/mo
- at 7.78%, 25% down
- Typical price
- $278,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,280/mo
- Zillow ZORI, Aug 2026
ZIP codes in Kalamazoo County
17 with published figures
| 49007Kalamazoo | $129,000 | $1,286 | 12.0% | 7.1% | +$68 | +6.4% |
| 49001Kalamazoo | $168,000 | $1,134 | 8.1% | 3.7% | -$387 | +10.7% |
| 49048Comstock | $203,000 | $1,336 | 7.9% | 3.8% | -$443 | +2.5% |
| 49002Portage | $276,000 | $1,653 | 7.2% | 3.2% | -$741 | +6.5% |
| 49004Cooper | $231,000 | $1,190* | 6.2% | 2.4% | -$782 | n/a |
| 49006Kalamazoo | $245,000 | $1,255 | 6.2% | 2.1% | -$881 | +3.4% |
| 49008Kalamazoo | $251,000 | $1,253 | 6.0% | 1.9% | -$949 | +1.6% |
| 49024Portage | $313,000 | $1,517 | 5.8% | 2.1% | -$1,146 | +6.1% |
| 49052Fulton | $262,000 | $1,070* | 4.9% | 1.7% | -$1,038 | n/a |
| 49034Climax | $271,000 | $1,070* | 4.8% | 1.5% | -$1,130 | n/a |
| 49097Vicksburg | $286,000 | $1,070* | 4.5% | 1.2% | -$1,258 | n/a |
| 49053Greater Galesburg | $292,000 | $1,070* | 4.4% | 1.1% | -$1,304 | n/a |
| 49088Scotts | $330,000 | $1,170* | 4.3% | 1.2% | -$1,444 | n/a |
| 49012Augusta | $346,000 | $1,170* | 4.1% | 0.8% | -$1,623 | n/a |
| 49009Kalamazoo | $374,000 | $1,249 | 4.0% | 0.8% | -$1,756 | +6.6% |
| 49087Schoolcraft | $356,000 | $1,070* | 3.6% | 0.6% | -$1,744 | n/a |
| 49083Richland | $379,000 | $1,070* | 3.4% | 0.5% | -$1,899 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.3%
- Rent, 12 months
- +5.3%
- Rent minus price growth
- +1.0 pts
- Property tax
- 1.45%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $221,736 | $1,014 |
| Aug 2022 | $242,575 | $1,101 |
| Aug 2023 | $251,032 | $1,128 |
| Aug 2024 | $260,496 | $1,175 |
| Aug 2025 | $266,581 | $1,215 |
| Aug 2026 | $278,141 | $1,280 |
HUD Fair Market Rent
FY2027, Kalamazoo-Portage, MI MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $885 | $1,013 | $1,158 | $1,545 | $1,637 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 4.2
- 450 units, last 12 months
- National percentile
- 44th
- among US counties
Tools
Test a listing in Kalamazoo County against today's rate.
Open the calculatorPart of the Kalamazoo, MI metro.
Questions
- Is Kalamazoo County good for rental property?
- The typical home here runs -$1,058 a month at 7.78% with 25% down. 1 of 8 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.7%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Kalamazoo County?
- About 1.45% of value, from Census ACS median taxes paid over median home value. On a $278,000 home that is about $4,025 a year.
- What is Fair Market Rent in Kalamazoo County?
- HUD's FY2027 Fair Market Rent here is $1,013 for a 1-bedroom, $1,158 for a 2-bedroom and $1,545 for a 3-bedroom. Typical cash flow at today's rate is -$1,058 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.