Parkway Flats
807 Central Park Cir,
Kalamazoo, MI 49006
$1,440 - $2,270
1-3 Beds
$1,101/month
Average Rent
710 Sq Ft
Average Apartment Size
+2.8%
Increase in the Last Year
As of March 2026, the average rent in Kalamazoo, MI is $1,101 per month. This is 32% lower than the national average rent of $1,626/month, making renting in Kalamazoo more affordable than most cities in the US. When you rent an apartment in Kalamazoo, you can expect to pay about $973 per month for a studio, $1,101 for a one-bedroom apartment, and around $1,300 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,582 or more.
In the past year, rent has increased by 2.8%, which averages out to $31 more per month.
Based on current rent prices, Colonial Manor, Nottingham Place and Leisure Time Condominiums are the most affordable neighborhoods in Kalamazoo.
Based on current rent prices, Haymarket Historic District, Downtown Kalamazoo and Vine are the most expensive neighborhoods in Kalamazoo.
The neighborhoods in Kalamazoo with the most apartments available are Downtown Kalamazoo, Westwood and Nottingham Place .
Because the average rent in Kalamazoo is $1,101, you’ll want to make about $3,670 per month or $44,040 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
The cost of living in Kalamazoo, MI is 14.5% lower than the national average. Generally, housing in Kalamazoo is 37.2% less expensive than the national average, with rent falling between $973 - $1,582. You can expect to pay 2.4% less for groceries, 2.6% less for utilities, and 2.9% less for transportation.
Use the tool below to compare Kalamazoo, MI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
136
Communities
69,968
Units
84
Cities
70
Communities
3,216
Units
40
Cities
123
Communities
20,807
Units
62
Cities
17
Communities
2,203
Units
11
Cities
164
Communities
33,685
Units
94
Cities
19
Communities
3,200
Units
7
Cities
293
Communities
77,793
Units
169
Cities
315
Communities
76,965
Units
144
Cities
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.