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  4. Kalamazoo

Kalamazoo, Michigan

Short-Term Rental Market Data & Investment Analysis

Kalamazoo, Michigan Short-Term Rental Market

BMarket Score 80/100
Data updated April 2026

Kalamazoo STRs averaged $161/night at 49.2% occupancy in April 2026, with an investability score of 97 out of 100.

Quick Answer: Kalamazoo, Michigan is an active short-term rental market. average occupancy is 61%. average monthly revenue is $3,813. average daily rate is $248. the top operator is Evolve with 367 listings. market score is 80/100 (grade B).

Avg Monthly Revenue
$3,813
↑ 3.7% YoY
61%
Occupancy
↑ 0.2% YoY
$248
Avg Daily Rate
↑ 3.1% YoY
77.2 days avg lead time4.3 avg length of stay

Market data reflects the Michigan Area regional market, which includes Kalamazoo. Regulations, taxes, and permit details below are specific to Kalamazoo.

Market Score Breakdown

Five dimensions Apivex evaluates per market.

Regulation66
Seasonality60
Investability97
Rental Demand64
Revenue Growth80

Market Overview

Kalamazoo, Michigan is a mid-size West Michigan city with approximately 73,290 residents, home to Western Michigan University, Kalamazoo College, and a nationally recognized craft beer scene anchored by Bell’s Brewery. Tourism is driven by leisure travel, university-related visits, sports events, and brewery tourism. Visitor spending reached approximately $682 million in 2022, per Discover Kalamazoo.

As of April 2026, Kalamazoo STRs averaged $161/night ADR at 49.2% occupancy, producing RevPAR of $79 and average monthly revenue of $1,955. Year-over-year, occupancy was nearly flat (down 0.2%), ADR gained 3.1%, and revenue fell 2.2% from April 2025. The composite market score stands at 79.7 out of 100, with an exceptionally high investability score of 97.3, reflecting the market’s favorable entry costs and revenue growth trajectory.

The active listing pool totals approximately 9,105 properties. Entire-place rentals dominate at 8,475 listings (93.1% of the market), with 651 private rooms and 4 shared rooms. Two-bedroom properties lead the bedroom mix at 2,623, followed by three-bedroom (2,498), one-bedroom (2,252), four-bedroom (1,102), and five-bedroom (630). The channel split shows 4,192 listings exclusively on Airbnb, 3,798 on both platforms, and 1,140 exclusively on VRBO.

Seasonal Patterns

Monthly seasonal data for Kalamazoo, Michigan
MonthOccupancyADRRevenue
Jan39%$144$1,621
Feb44%$146$1,641
Mar44%$136$1,696
Apr48%$143$1,717
May52%$172$2,023
Jun62%$214$3,176
Jul71%$218$4,112
Aug64%$214$3,777
Sep46%$187$2,375
Oct45%$164$2,116
Nov42%$148$1,770
Dec45%$150$1,815

Top Short-Term Rental Operators in Kalamazoo

Ranked by total active listings. Useful for understanding the competitive landscape.

#OperatorListingsReviewsRating
1Evolve36711,455★ 4.68
2Freshwater Vacation Rentals612,578★ 4.85
3LiveSuites591,209★ 4.67
4Short Term Rentals312,493★ 4.68
5Simple Lyfe Stays292,365★ 4.85

What Kind of STR Should I Buy in Kalamazoo?

Revenue and pricing by property type, tier, and bedroom count.

Revenue by Bedroom Count

1 bed2,252
2 bed2,623
3 bed2,498
4 bed1,102
5 bed630

ADR by Property Tier

Entire Home$260
Luxury$447
Professionally Managed$291

Revenue by Dwelling Type

Apartment$2,328
Entire Place$3,984
House$4,148

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb45.9%
vrbo12.5%
both41.6%

Investment Analysis

Kalamazoo’s investability score of 97.3 out of 100 reflects a market where entry costs are low relative to revenue potential. April 2026 average monthly revenue of $1,955 implies annualized gross revenue of approximately $23,460 per property. Housing price data is not available for this market, so a gross yield calculation cannot be computed from the current data set.

ADR tiering shows meaningful upside at higher quality levels. The all-listing average was $161, entire-home listings averaged $173, professionally managed properties averaged $179, and luxury-tier listings commanded $335. The luxury-to-average spread of $174 per night (108% premium) is significant in absolute terms given the lower base price level.

Houses ($2,081 per month) and entire-place listings ($2,059) perform similarly in April, both well above apartments ($1,520) by approximately 36%. The revenue growth score of 80.4 indicates continued upward momentum on a per-property basis. The 2025 annual average monthly revenue was $2,743, up from $2,583 in 2024, demonstrating steady year-over-year improvement. Kalamazoo’s primary demand drivers, including WMU enrollment, brewery tourism, and sports events, provide relatively resilient baseline occupancy through non-peak periods.

Revenue Trend (5 yr)

ADR & Occupancy Trends (5 yr)

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Home Value Trends (Kalamazoo)

Typical Home Value
$245,800
Median Sale Price
$237,833
Days to Pending
8

Booking Insights

Kalamazoo STR guests book an average of 41 days in advance, a roughly six-week lead time consistent with regional leisure and university-event travel. This window suggests dynamic pricing should be set at least 45 days out, with particular attention to the summer sports event calendar, Bell’s Brewery-related festivals, and Western Michigan University home football games, which can generate demand spikes within a relatively short booking window.

Average length of stay is 4.2 nights, indicating guests typically stay four to five days. This is consistent with a regional drive-market destination where visitors combine multiple activities over a long weekend or short vacation. Minimum-stay requirements of three to four nights during peak summer months (June through August) can maintain calendar efficiency without significantly deterring bookings, while two-night minimums may be appropriate in the winter shoulder when demand is thinner and keeping inventory occupied is the priority.

Short-Term Rental Regulations

Short-term rentals in Kalamazoo (stays under 30 days) are legal but regulated through the city’s rental-housing program rather than a dedicated STR ordinance. Every STR must register with the City of Kalamazoo, designate a local registered agent who lives or works locally, and pass a housing-code inspection to obtain a Certificate of Compliance before operating. Registration costs approximately $110 annually, plus a $55 inspection fee. Certificates are issued for 28 to 52 months depending on compliance history, but registration renews annually.

Zoning is the primary gating factor for investors: STRs are treated as a commercial use, permitted by right mainly in commercial zoning districts and only in some residential districts with a variance. The city limits the number of unrelated adult occupants in residential zones as an additional constraint.

On taxes, operators owe Michigan’s 6% state use and lodging tax plus a 5% Kalamazoo County Accommodation Tax, for approximately 11% in combined transient taxes. Airbnb and VRBO do not automatically remit the county’s 5% tax, so operators must register with the County Treasurer and remit it directly. In mid-2024, Kalamazoo County moved to strengthen enforcement by authorizing the County Treasurer to assess fines and pursue collection against non-paying properties. No annual night cap, owner-occupancy requirement, or primary-residence mandate was identified. Enforcement is classified as moderate.

Market Comparison

Kalamazoo’s April 2026 occupancy of 49.2% sits below the US STR median of approximately 55%, which is typical for a Midwest city in the pre-summer shoulder month of April. ADR of $161 is below the national median of approximately $220, consistent with Kalamazoo’s positioning as an affordable regional market rather than a destination resort or coastal location.

Despite these below-national-median metrics, the investability score of 97.3 out of 100 is one of the highest possible, reflecting favorable acquisition cost-to-revenue ratios and a consistent revenue growth trend. Revenue grew from $2,483 annual average monthly in 2023 to $2,583 in 2024 and $2,743 in 2025.

Evolve leads the operator landscape with 367 listings and 11,455 reviews at a 4.68 average rating, by far the largest single operator in the market. Freshwater Vacation Rentals manages 61 listings at a 4.85 rating, LiveSuites holds 59 listings at 4.67, Short Term Rentals manages 31 listings at 4.68, and Simple Lyfe Stays operates 29 listings at 4.85. The top five operators collectively manage 547 listings, approximately 6.0% of the roughly 9,105 active listings.

Frequently Asked Questions About Kalamazoo, Michigan

What is the average daily rate for STRs in Kalamazoo, MI?
As of April 2026, the all-listing average daily rate is $161. Professionally managed properties averaged $179 and luxury-tier listings averaged $335 in the same period.
What occupancy rate can I expect for a Kalamazoo short-term rental?
April 2026 occupancy was 49.2%. The market is strongly seasonal: July peaks at 71.1% occupancy historically while January drops to 39.0%. The full-year 2025 average was approximately 50.5%.
Why does Kalamazoo have such a high investability score despite lower ADR?
Kalamazoo’s investability score of 97.3 out of 100 reflects favorable acquisition cost-to-revenue ratios. Real estate prices in Kalamazoo are significantly lower than coastal or mountain resort markets, so even at $161 ADR the revenue relative to purchase price can be competitive.
Do I need a permit to operate a short-term rental in Kalamazoo?
Yes. Every STR must register with the City of Kalamazoo (approximately $110 annual fee plus a $55 inspection fee), designate a local registered agent, and obtain a Certificate of Compliance. STRs are treated as commercial uses and may require a variance in residential zoning districts.
What are the tax obligations for Kalamazoo short-term rentals?
Operators owe approximately 11% in combined transient taxes: Michigan’s 6% state use and lodging tax plus a 5% Kalamazoo County Accommodation Tax. Note that Airbnb and VRBO do not automatically remit the county’s 5% tax; operators must register with the County Treasurer and remit it directly.
When is peak season for Kalamazoo short-term rentals?
July is the strongest month at 71.1% occupancy and $4,112 average monthly revenue historically. June and August also perform well at 61.6% and 64.5% occupancy respectively. The trough is January at 39.0% occupancy and $1,620 monthly revenue.
Who are the largest short-term rental operators in Kalamazoo?
Evolve leads with 367 listings and a 4.68 average rating, by far the market’s largest operator. Freshwater Vacation Rentals (61 listings, 4.85 rating) and LiveSuites (59 listings, 4.67 rating) are the next largest.
Kalamazoo, MichiganRev $3,813ADR $248Occ 61%Score B (80)

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Table of Contents

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Quick Facts: Kalamazoo

Active STRs
274
Avg Daily Rate
$159
Occupancy Rate
67%
Population
73,598
Annual Visitors
400,000

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