Cheap Apartments for Rent in the Downtown Kalamazoo Neighborhood of Kalamazoo, MI from $700 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Kalamazoo area of Kalamazoo.

property at 755 Academy St

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675
Total Monthly Price
$675

1 Bedroom, 1 Bath Home for Rent

Available Now

755 Academy St

KalamazooMI49007

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Coney Island Lofts
$1,200 - $2,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,140 - $2,190
Required Monthly Fees
$60
Total Monthly Price
$1,200 - $2,250
1 Bedroom Apartments Available Now

Coney Island Lofts

266 E Michigan AveKalamazoo, MI 49007
  • Verified
  • Utilities Included
  • 3D Tour
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Nu Lovell
$1,275 - $1,919
Total Monthly Price

Total Monthly Price

Base Rent
$1,241 - $1,885
Required Monthly Fees
$34
Total Monthly Price
$1,275 - $1,919
2 to 4 Bedroom Apartments Available Mar 27

Nu Lovell

813-821 W Lovell StKalamazoo, MI 49007
Student Housing
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  • Customer Reviewed
  • 3D Tour

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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447-449 W Walnut St
1 to 4 Bedroom Apartments

447-449 W Walnut St

447-449 W Walnut StKalamazoo, MI 49007
  • Utilities Included
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232 Woodward Ave
Studio to 2 Bedroom Apartments

232 Woodward Ave

232 Woodward AveKalamazoo, MI 49007
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West Walnut Apartments
1 to 2 Bedroom Apartments

West Walnut Apartments

814-816 W Walnut StKalamazoo, MI 49007
  • Utilities Included
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107-123 E Michigan Ave
1 to 2 Bedroom Apartments

107-123 E Michigan Ave

107-123 E Michigan AveKalamazoo, MI 49007
  • Utilities Included
  • Smoke Free
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Nu Burdick
Studio to 3 Bedroom Apartments

Nu Burdick

319 N Burdick StKalamazoo, MI 49007

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-26, Page 1 of 1

Downtown Kalamazoo, Kalamazoo, MI Local Guide

Cheapest Available Downtown Kalamazoo Apartments for Rent

 

The cheapest available apartment rental in the Downtown Kalamazoo area of Kalamazoo, MI is a 1 Bed unit found at Coney Island Lofts priced from $1,200. 232 W Michigan Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here are the most affordable Downtown Kalamazoo apartments for rent in Kalamazoo, MI:

Apartment ListingModel NameBed/BathPriced From
Coney Island LoftsOne Bedroom1BR,1BA$1,200
232 W Michigan Ave3011BR,1BA$1,325
Rose St. Senior2BR2BR,1BA$1,400
Lofts at Ironworks1 Bed, 1 bath1BR,1BA$1,404
400 RoseEllsworth1BR,1BA$1,425
Mall Plaza LoftsUnit C1BR,1BA$1,600
Peregrine Square1 BED, 1 BATH 2023 FURNISHED1BR,1BA$1,850
Skyrise Luxury ApartmentsSkyliner | Floors 16 - 202BR,2BA$1,895

Best Value Apartments for Rent in Downtown Kalamazoo, MI

As of March 21, 2026 the best value apartment in the Downtown Kalamazoo area is the $1.39 price per square foot Unit 204 Model at Arlington Lofts in the in the West Main Hill neighborhood starting from $2,295. The second greatest value Downtown Kalamazoo apartment is the Skyliner | Floors 16 - 20 Model at Skyrise Luxury Apartments starting at $1,895 with a $1.61 price per square foot in the West Main Hill neighborhood. Here is today’s list of the best values for Downtown Kalamazoo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arlington LoftsUnit 2042BR,2BA$1.39
Skyrise Luxury ApartmentsSkyliner | Floors 16 - 202BR,2BA$1.61
220 W Walnut St, Unit 5220 W Walnut St1BR,1BA$1.14
180 E.Water StreetTwo Beds Two Baths2BR,2BA$2.09
Lofts at Ironworks1 Bed, 1 bath1BR,1BA$2.00
Lovell Square1 Bed 1 Bath1BR,1BA$1.47
Peregrine Square1 BED, 1 BATH 2023 FURNISHED1BR,1BA$2.15
723 W South St, Unit #1723 W South St1BR,1BA$1.56
Coney Island LoftsOne Bedroom1BR,1BA$1.83
Rose St. Senior1BR1BR,1BA$1.99

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Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Kalamazoo, Kalamazoo, MI

Ranked #21

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Kalamazoo Apartments

What is the price of a cheap apartment in Downtown Kalamazoo?

The cheapest apartment in Downtown Kalamazoo is Coney Island Lofts which is listed at $1,200, while the average apartment in Downtown Kalamazoo costs $2,550.

What types of apartments are the cheapest in Downtown Kalamazoo?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Downtown Kalamazoo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Written by: Christine Leonard, Esq.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.