Kalamazoo, MI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Kalamazoo short-term rental market based on reliable data.

Listings

205 / 446

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$26,231

Middle-Earners Revenue

Occupancy

68%

Middle-Earners Occupancy

Home Value

$232,128

Median Home Sale Price

Top Earners

$56,008

Top-Earners Revenue

Kalamazoo

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Kalamazoo.

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C

Challenging to Investors

Kalamazoo Regulations

STRs are allowed but limited to commercial districts (and some residential with approvals), require city registration, inspections, and a local agent within approved zip codes, plus county accommodation tax filing and state sales tax; enforcement can be strict (vacate orders >4 months past certificate, misdemeanor tax penalties). The combination of zoning limits, multi‑level compliance steps, and aggressive enforcement makes investor compliance demanding.

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About Kalamazoo

Kalamazoo ( KAL-ə-mə-ZOO) is a city in the southwest region of the U.S. state of Michigan. It is the county seat of Kalamazoo County. At the 2020 census, Kalamazoo had a population of 73,598. Kalamazoo is the major city of the Kalamazoo-Portage Metropolitan Statistical Area, which had a population of 261,670 in 2020. One of Kalamazoo's most notable features is the Kalamazoo Mall, an outdoor pedestrian shopping mall. The city created the mall in 1959 by closing part of Burdick Street to auto traffic, although two of the mall's four blocks have been reopened to auto traffic since 1999. Kalamazoo is home to Western Michigan University, a large public university, Kalamazoo College, a private liberal arts college, and Kalamazoo Valley Community College, a two-year community college.

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