Central Business District, Kalamazoo County, MI

Median Home Price Price

$260,224 $260.2K

Median Monthly Rent Rent

$1,262 $1.3K

17.0x

Market Snapshot

Central Business District, Kalamazoo County, MI is a neighborhood market with a median home price of $260,224, a median monthly rent of $1,262, a GRM of 17.0x, and a price-to-rent ratio of 17.2.

More markets to explore

Top recommendation Nearby alternative Lower GRM Lower price Higher rent
High confidence
Price $154.3K
Rent $1.4K
GRM 9.0x
Explore the data
Region Show
Vine
$154K $1.4K 9.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Central Business District

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Benchmark comparison

Rent in Central Business District, MI is 7.3% lower than Vine, MI.

Central Business District, MI
Vine, MI
Delta
Median rent
$1,262
$1,362
+$100
Median price
$260,224
$154,299
-$105,925
YoY change
+$35
+$64
+$29
Price-to-rent
17.2x
9.4x
-7.8x

Key takeaways

  • Central Business District, Kalamazoo County, MI has a middle-grm screening profile: At 17.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $35 year over year.
  • Rent in Central Business District, MI is 7.3% lower than Vine, MI.