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Allegan, MI

Full City Profile · Michigan · Kalamazoo County County

2.8 /5.0
C+ Fair
5,182 Population 1,346/sq mi density
$42,261 Median Income $24,191 per capita
$161,100 Home Value $271,916 Zillow
$1,024 Median Rent 35.5% income on rent
47°F Avg Temperature 261 sunny days/yr
198 Violent Crime/100K 933 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$42,261 median income, 1.5% unemployment
A+
Affordability
4.5 / 5.0
$161,100 home value, $1,024/mo rent
F
Safety
1.0 / 5.0
198 violent crimes/100K
C
Education
2.2 / 5.0
15.3% bachelor's degree or higher

Housing Overview

Median Home Value
$161,100
43% below
US avg: $281,900
Median Rent
$1,024/mo
12% below
US avg: $1,163/mo
Homeownership Rate
67.2%
3% above US avg (65.4%)
Total Housing Units
2,129
Median year built: 1938

Home Value by Source

Census Median
$161,100
Zillow (ZHVI)
$271,916
Median Sale Price
$359,900
Median List Price
$200,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.2%
Owner-Occupied
32.8%
Renter-Occupied
67%
33%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$959/mo
1 Bedroom
$966/mo
2 Bedroom
$1,267/mo
3 Bedroom
$1,583/mo
4 Bedroom
$1,761/mo
Census median rent: $1,024/mo

Market Indicators (Redfin)

Median Days on Market
49 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
30.8%
of listings with price reduction
Price Per Sq Ft
$143
Active Inventory
13
homes for sale

Affordability & Housing Stock

Rent Burden
35.5%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
67.2%

Complete Housing Data

Home Values

Census Median Value$161,100
Zillow Home Value (ZHVI)$271,916
Median Sale Price$359,900
Median List Price$200,000
Price Per Sq Ft$143

Rent

Census Median Rent$1,024
FMR Studio$959
FMR 1-Bedroom$966
FMR 2-Bedroom$1,267
FMR 3-Bedroom$1,583
FMR 4-Bedroom$1,761

Market

Days on Market49
Sale-to-List Ratio1.0%
Price Drops30.8%
Homes Sold3
Active Inventory13
Price Per Sq Ft$143

Ownership & Stock

Owner-Occupied67.2%
Renter-Occupied32.8%
Homeownership Rate67.2%
Total Housing Units2,129
Median Year Built1938
Rent Burden35.5%