Kalamazoo County Michigan Residential Rent and Rental Statistics
The median monthly gross residential rent in Kalamazoo County MI was $824 in 2019 according to the Census ACS survey.1 Average gross rent in Kalamazoo County was $831 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Kalamazoo County median and average rent data will be released in September of 2021.
Data is also available below for Kalamazoo County rental vacancy rates, Kalamazoo County rent as a percent of median income and the fraction of renters in Kalamazoo County.
Real Gross Rent in Kalamazoo County Michigan (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Michigan Median Gross Rent | $888 | +1.25% | +3.62% |
Kalamazoo County MI Median Gross Rent | $824 | -1.08% | +3.39% |
Kalamazoo County MI Real Gross Rent Trends
Median gross rent for Kalamazoo County peaked in real terms in 2018 at $833 and is now $9 (1.08%) lower. Average gross rent for Kalamazoo County peaked in real terms in 2016 at $893 and is now $62 (6.94%) lower.
Real Gross Rent: Kalamazoo County MI Median, Kalamazoo County MI Average, Michigan Median, US Median
Real Gross Rent History for Kalamazoo County
Date | US Median |
Michigan Median |
Kalamazoo County MI Median |
Kalamazoo County MI Average |
---|---|---|---|---|
2019 | $1,097 | $888 | $824 | $831 |
2018 | $1,077 | $877 | $833 | $856 |
2017 | $1,043 | $861 | $804 | $853 |
2016 | $1,027 | $857 | $797 | $893 |
2015 | $1,017 | $852 | $784 | $791 |
2014 | $986 | $832 | $760 | $795 |
2013 | $953 | $809 | $739 | $793 |
2012 | $940 | $796 | $714 | $733 |
2011 | $941 | $798 | $740 | $744 |
2010 | $955 | $816 | $783 | $813 |
2009 | $960 | $816 | $761 | $791 |
2007 | $927 | $802 | $750 | $777 |
2005 | $910 | $819 | $795 | $860 |
Kalamazoo County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Kalamazoo County Michigan was 6.14% according to Census ACS data.
Rental Vacancy Rate in Kalamazoo County Michigan
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Michigan | 5.56% | +0.74% | +0.15% |
Kalamazoo County MI | 6.14% | +3.39% | +0.17% |
Trends in Kalamazoo County MI Rental Vacancy Rate
The rental vacancy rate in Kalamazoo County peaked in 2005 at 9.48%. Since then it has fallen by 3.34% to 6.14%. Data records for this series originated in 2005. From a 2018 post peak low of 2.75%, the rental vacancy rate has increased by 3.39%.
Rental Vacancy Rate: Kalamazoo County MI, Michigan, US
Historical Rental Vacancy Rate data for Kalamazoo County
Date | US | Michigan | Kalamazoo County MI |
---|---|---|---|
2019 | 5.97% | 5.56% | 6.14% |
2018 | 6.15% | 4.82% | 2.75% |
2017 | 6.18% | 4.87% | 3.26% |
2016 | 5.89% | 5.41% | 5.97% |
2015 | 5.85% | 5.19% | 4.33% |
2014 | 6.32% | 5.88% | 4.49% |
2013 | 6.49% | 6.04% | 3.15% |
2012 | 6.77% | 6.73% | 5.14% |
2011 | 7.40% | 7.72% | 6.51% |
2010 | 8.17% | 9.60% | 8.52% |
2009 | 8.43% | 9.48% | 7.16% |
2007 | 7.87% | 9.66% | 9.07% |
2005 | 7.74% | 10.09% | 9.48% |
Rent as a Fraction of Income
Using median household income data for Kalamazoo County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Kalamazoo County, median monthly gross rent as a fraction of median household income was 17.52% in 2019 according to the ACS.
Kalamazoo County Michigan Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Michigan | 17.88% | -0.34% | -0.82% |
Kalamazoo County MI | 17.52% | -0.19% | +0.33% |
Trends in Kalamazoo County MI Rent as a Fraction of Income
The fraction of median Kalamazoo County household income required to pay median monthly gross rent peaked in 2009 (relative to the 2005 series origin) at 19.39%. Since then it has fallen by 1.87% to 17.52%. From a 2017 low of 16.71%, the fraction of income going to rent has increased by 0.81%.
Fraction of Income towards Rent: Kalamazoo County MI, Michigan, US
Historical Data for Annual Rent as a Fraction of Income in Kalamazoo County Michigan
Date | US | Michigan | Kalamazoo County MI |
---|---|---|---|
2019 | 20.03% | 17.88% | 17.52% |
2018 | 20.50% | 18.22% | 17.71% |
2017 | 20.13% | 18.25% | 16.71% |
2016 | 20.43% | 18.70% | 17.19% |
2015 | 20.63% | 18.86% | 17.00% |
2014 | 20.89% | 18.97% | 19.14% |
2013 | 20.78% | 19.09% | 18.37% |
2012 | 20.65% | 19.16% | 18.17% |
2011 | 20.70% | 19.29% | 18.07% |
2010 | 20.50% | 19.29% | 19.37% |
2009 | 20.12% | 18.99% | 19.39% |
2007 | 18.66% | 17.09% | 17.46% |
2005 | 18.89% | 17.07% | 17.28% |
Renter Fraction in Kalamazoo County Michigan
You can calculate the renter fraction in Kalamazoo County 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 County as a fraction of total Kalamazoo County households. In 2019 38.38% of households were renters according to Census ACS data.
Kalamazoo County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Michigan | 28.43% | -0.38% | -1.25% |
Kalamazoo County MI | 38.38% | +2.92% | +2.95% |
Trends in the Kalamazoo County MI Renter Fraction
The Kalamazoo County household renter fraction peaked in in 2014 at 38.70% and is now 0.32% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Kalamazoo County MI, Michigan, US
History of Kalamazoo County Renter Fraction
Date | US | Michigan | Kalamazoo County MI |
---|---|---|---|
2019 | 35.89% | 28.43% | 38.38% |
2018 | 36.05% | 28.81% | 35.46% |
2017 | 36.13% | 28.67% | 35.16% |
2016 | 36.88% | 29.68% | 35.43% |
2015 | 36.97% | 29.58% | 36.10% |
2014 | 36.90% | 29.76% | 38.70% |
2013 | 36.50% | 29.45% | 36.67% |
2012 | 36.09% | 28.94% | 35.73% |
2011 | 35.42% | 28.26% | 33.99% |
2010 | 34.65% | 27.25% | 35.88% |
2009 | 34.13% | 26.81% | 36.23% |
2007 | 32.80% | 25.17% | 34.00% |
2005 | 33.10% | 25.33% | 34.92% |
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. ↩