Rental numbers for the Kalamazoo, MI metro
The typical home here runs -$1,027 a month at 7.78% with 25% down. 1 of 8 ZIP codes with full Zillow data in this metro 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
- -$1,027/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 the metro
19 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 |
| 49071Mattawan | $361,000 | $1,230* | 4.1% | 1.0% | -$1,652 | 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% |
| 49060Hickory Corners | $389,000 | $1,230* | 3.8% | 0.9% | -$1,795 | n/a |
| 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
- +4.4%
- Rent, 12 months
- +5.3%
- Rent minus price growth
- +0.9 pts
- Property tax
- 1.31%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $223,826 | $1,013 |
| Aug 2022 | $243,958 | $1,101 |
| Aug 2023 | $250,940 | $1,128 |
| Aug 2024 | $260,428 | $1,175 |
| Aug 2025 | $266,364 | $1,215 |
| Aug 2026 | $278,194 | $1,280 |
Counties
- Kalamazoo County, MI6.7% median yield
- Barry County, MIn/a median yield
- Van Buren County, MI6.4% median yield
Tools
Questions
- Is the Kalamazoo, MI metro good for rental property?
- The typical home here runs -$1,027 a month at 7.78% with 25% down. 1 of 8 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.7%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Kalamazoo, MI metro have the highest rental yield?
- 49007 (Kalamazoo) at 12.0%, 49001 (Kalamazoo) at 8.1%, 49048 (Comstock) at 7.9%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.