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Kaleva, MI
Full City Profile · Michigan · Manistee County County
2.8
/5.0
C+
Fair
520
Population
468/sq mi density
$43,333
Median Income
$19,894 per capita
$88,500
Home Value
$213,245 Zillow
$964
Median Rent
36.9% income on rent
48°F
Avg Temperature
270 sunny days/yr
213
Violent Crime/100K
1,953 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$43,333 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$88,500 home value, $964/mo rent
F
Safety
1.0 / 5.0
213 violent crimes/100K
C
Education
2.3 / 5.0
16.2% bachelor's degree or higher
Housing Overview
Median Home Value
$88,500
69% below
US avg: $281,900
Median Rent
$964/mo
17% below
US avg: $1,163/mo
Homeownership Rate
79.2%
21% above US avg (65.4%)
Total Housing Units
268
Median year built: 1963
Home Value by Source
Census Median
$88,500
Zillow (ZHVI)
$213,245
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.2%
Owner-Occupied
20.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$964/mo
Affordability & Housing Stock
Rent Burden
36.9%
of renters spending 30%+ of income on housing
19% above US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
79.2%
Complete Housing Data
Home Values
| Census Median Value | $88,500 |
| Zillow Home Value (ZHVI) | $213,245 |
Rent
| Census Median Rent | $964 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 79.2% |
| Renter-Occupied | 20.8% |
| Homeownership Rate | 79.2% |
| Total Housing Units | 268 |
| Median Year Built | 1963 |
| Rent Burden | 36.9% |