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City · 6,669 residents · Kalamazoo County, Michigan

Eastwood , Michigan

In Eastwood, a typical home is worth $160,600 and typical rent is $1,065 a month. Compared with all of Kalamazoo County, the typical home value is 34% lower and typical household income is 26% lower.

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  • Typical home value

    $160,600

    34% below the county

    31% below Michigan

    • Eastwood
    • Kalamazoo
    • Michigan

  • Typical rent

    $1,065a month

    3% below the county

    6% below Michigan

    • Eastwood
    • Kalamazoo
    • Michigan

  • Typical household income

    $53,977a year

    26% below the county

    26% below Michigan

    • Eastwood
    • Kalamazoo
    • Michigan

  • Households that own their home

    60%

    4 points below the county

    13 points below Michigan

    • Eastwood
    • Kalamazoo
    • Michigan

Source: U.S. Census Bureau, Average 2020–2024

Eastwood is in Kalamazoo County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Kalamazoo County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Eastwood apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Springfield, the typical home value is $110,800: 31% less than in Eastwood ($160,600).

  2. The typical home in Eastwood is worth $160,600, 34% less than in Kalamazoo County as a whole ($241,800).

  3. The typical household income in Eastwood is $53,977, 26% less than in Kalamazoo County as a whole ($72,532).

  4. Nearby, in Springfield, the typical rent is $864: 19% less than in Eastwood ($1,065).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Eastwood

What homes there are in Eastwood, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 69% of homes here, against 65% in Kalamazoo County.

Year built

The typical home in Eastwood was built in 1953, 22 years before the typical one in Kalamazoo County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,037 a month

Kalamazoo County: $1,616 a month

Without a mortgage

$505 a month

Kalamazoo County: $664 a month

Owners with a mortgage

58%

Kalamazoo County: 61%

The typical cost for an owner with a mortgage in Eastwood is $1,037 a month, less than in Kalamazoo County ($1,616); without one, $505.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Eastwood rose 96% since 2015–2019, more than in Kalamazoo County (52%).

Since 2015–2019, the typical rent in Eastwood rose 19%, less than in Kalamazoo County (35%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureEastwoodKalamazoo CountyMichiganUnited States
Rental vacancy Unreliable estimate5.3%5.1%5.5%
Homeowner vacancy Unreliable estimate0.5%0.8%0.9%
More than one person per room Unreliable estimate1.0%1.6%3.4%
People per household 2.312.382.422.53
Drive alone 82%77%74%69%
Carpool Unreliable estimate6%8%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate3%2%3%
Work from home Unreliable estimate13%14%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate10 to 19 minutes20 to 29 minutes20 to 29 minutes

By size, households in Eastwood look like those in Kalamazoo County: 2.31 people on average.

To get to work, 82% of workers in Eastwood drive alone; in Kalamazoo County, 77%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Eastwood?

A typical home is tight for the typical income

We start with a typical home in Eastwood, worth $160,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Eastwood, which is $53,977 a year. For that payment to be 28% of income, a household would need to earn about $59,724 a year.

The calculator's FHA and conventional loan limits are those of all of Kalamazoo County.

Your numbers

Local data
$

Starts at the typical home value in Eastwood. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $5,621 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,394

at 7.18% · 30 years

Loan amount
$157,691
Total interest
$226,881
Paid off in
November 2056

Includes $2,712 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,259 a month

  • Tight

    $1,259 to $1,619 a month

    Your payment · 31%

  • Hard

    more than $1,619 a month

Compared with the typical household income in Eastwood ($53,977 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,394
Principal & interest$1,068
Property tax$187
Home insurance$67
FHA mortgage insurance (MIP)$71

You need at least $5,621 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Eastwood and Kalamazoo County

Eastwood is in Kalamazoo County, Michigan. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Eastwood's own numbers

Typical home value
$160,600
Typical monthly rent
$1,065
Typical yearly household income
$53,977
Households that own their home
60%
Effective property tax rate
1.4%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Kalamazoo County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,158
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
0.7%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Kalamazoo County.

Everything about Kalamazoo County

Buying

Buying a home in Eastwood

A typical home in Eastwood is worth $160,600: 34% below the county and 31% below Michigan. With the typical household income in Eastwood ($53,977 a year), a typical home costs 3.0 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Eastwood 3.0 years
  • Kalamazoo 3.3 years
  • Michigan 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Kalamazoo County

According to FHFA’s house price index, home prices in Kalamazoo County rose 93% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Kalamazoo County.

Period County Michigan U.S.
Last year (2025) +3.8% +4.7% +2.9%
5 years (2020–2025) +51% +52% +47%
10 years (2015–2025) +93% +97% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Eastwood next to Kalamazoo County, Michigan and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Eastwood $160,600
  • Kalamazoo $241,800
  • Michigan $231,600
  • United States $332,700
Typical monthly rent
  • Eastwood $1,065
  • Kalamazoo $1,093
  • Michigan $1,129
  • United States $1,413
Typical yearly household income
  • Eastwood $53,977
  • Kalamazoo $72,532
  • Michigan $72,875
  • United States $80,734
See the full table
Eastwood next to Kalamazoo County and Michigan
Measure Eastwood Kalamazoo County Michigan U.S.
Typical home value $160,600 $241,800 $231,600 $332,700
Typical monthly rent $1,065 $1,093 $1,129 $1,413
Typical yearly household income $53,977 $72,532 $72,875 $80,734
Households that own their home 60% 65% 73% 65%
Typical yearly property tax $2,250 $3,498 $2,904 $3,119
Effective property tax rate 1.4% 1.45% 1.25% 0.94%
Renters with high rent for their income 56% 52% 50% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Kalamazoo County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Eastwood

For a typical $160,600 home in Eastwood, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Eastwood's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,394a month

    Least cash to close
    Down payment
    $5,621
    Cash to close
    $10,439
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $71

  • Conventional, 5% down $1,364a month

    Down payment
    $8,030
    Cash to close
    $12,848
    Rate
    7.18%
    Mortgage insurance
    PMI · $76

  • Conventional, 20% down, no PMI $1,125a month

    Down payment
    $32,120
    Cash to close
    $36,938
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,273a month

    Down payment
    $24,090
    Cash to close
    $28,908
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Eastwood and for Kalamazoo County.

Property tax

Effective rate in Eastwood

1.4%of the home’s value each year

$2,250 a year for the typical owner in Eastwood.

  • Eastwood 1.4%
  • Kalamazoo 1.45%
  • Michigan 1.25%

What Michigan publishes Principal Residence Exemption (PRE) from school operating tax (Michigan Legislature (Michigan Compiled Laws))

Exemptions and deadlines in Michigan

Flood risk in Kalamazoo County

FEMA does not publish these numbers by city: they are for all of Kalamazoo County.

Homes in the high-risk zone
0.7%
583
Of those, with NFIP insurance
17%
County Michigan U.S.
Homes in the high-risk zone 0.7% 1.6% 3.5%
Of those, with NFIP insurance 17% 18% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Eastwood

Typical rent in Eastwood is $1,065 a month: 3% below the county. In Eastwood, 56% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Kalamazoo County, by unit size. To pay the 2-bedroom one ($1,158 a month) without spending more than 30% of your income, you would need to earn $22.27 an hour working full time.

HUD fair market rent for all of Kalamazoo County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $885 $17.02 $35,400
1 bedroom $1,013 $19.48 $40,520
2 bedrooms $1,158 $22.27 $46,320
3 bedrooms $1,545 $29.71 $61,800
4 bedrooms $1,637 $31.48 $65,480

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Eastwood

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Eastwood is in ZIP code 49048.

For 2 bedrooms it is $1,140: $18 less than the fair market rent for Kalamazoo County ($1,158).

  • 49048 $1,140$1,520

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Eastwood when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Eastwood

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Kalamazoo County; none says it serves in Spanish.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Eastwood

No down payment, repair or rent-help program on our list is for Eastwood or Kalamazoo County. The ones below are statewide in Michigan: they work in Eastwood the same as in the rest of the state.

Which programs do I qualify for? All programs in Michigan

  • MI 10K DPA Loan

    Statewide in Michigan

    Michigan state agency loan of up to $10,000, with no interest and no monthly payments, for the down payment, closing costs and prepaid expenses; it goes with MSHDA's MI Home Loan mortgage and is repaid in certain cases, such as when you pay off the first mortgage, sell or refinance the home, or no longer live in it. Offered by Michigan State Housing Development Authority (MSHDA).

    Deferred

    See the program Official page

  • Mortgage Credit Certificate (MCC)

    Statewide in Michigan

    Michigan state authority certificate that lets you take 20% of the interest you pay each year on your mortgage off your federal taxes, for the life of the loan; you apply with an approved lender before you buy. Offered by Michigan State Housing Development Authority (MSHDA).

    Tax credit

    See the program Official page

Housing counselors near Eastwood

The HUD-approved agencies closest to the center of Eastwood, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Kalamazoo Neighborhood Housing Services, Inc

    1219 S Park St, Kalamazoo · 3 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (269) 385-2916

  • Neighborhoods Inc. of Battle Creek

    47 North Washington Ave, Battle Creek · 18 miles away

    • Budget and credit workshops
    • Fair housing pre-purchase workshops
    • and 5 more
    (269) 224-6606

  • Housing Services Mid Michigan

    319 S Cochran Ave, Charlotte · 40 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (517) 541-1180

Every agency in Kalamazoo County All counseling agencies in Michigan

Help in Spanish near Eastwood

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Eastwood

HUD lists no housing authority with an office in Kalamazoo County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Michigan Source: HUD

Cities

Other cities in Kalamazoo County

These cities are also in Kalamazoo County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Kalamazoo County Housing in Michigan

Nearby cities

The cities closest to Eastwood, with the typical home value.

Neighboring counties

If Kalamazoo County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Eastwood.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about Eastwood

Short answers with the numbers for Eastwood and all of Kalamazoo County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Eastwood?

The typical home value in Eastwood is $160,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Kalamazoo County it is $241,800.

How much does it cost to rent in Eastwood?

Typical rent in Eastwood is $1,065 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Kalamazoo County is $1,158.

What is the FHA loan limit in Eastwood?

Eastwood uses the FHA limit for all of Kalamazoo County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Eastwood?

The typical homeowner in Eastwood pays $2,250 a year, according to the U.S. Census Bureau. That is 1.4% of the home’s value; in Kalamazoo County, the rate is 1.45%.

Where can I find free help to buy or rent in Eastwood?

There is 1 HUD-approved counseling agency with an office in Kalamazoo County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).