Housing in Kaleva, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$214,091
Kaleva vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Kaleva is highlighted.
Median Home Value
15th%ilemost expensive$88,500show rank
Median Rent
52nd%ilemost expensive rent$964show rank
Rent Burden
89th%ilehighest rent burden26.7%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$88,500
Median Rent
$964
Total Housing Units
272
Vacancy Rate
25.7%
Owner Occupied
79.2%
Renter Occupied
20.8%
Median Property Tax
$1,300
per year
Monthly Cost (w/ Mortgage)
$571
Housing Types
Single Family88.6%
Multi-Family6.3%
Mobile Home5.2%
The median home value in Kaleva, MI is $88,500. According to Zillow, the home value index for Kaleva is $214,091. The median rent is $964 per month (Census ACS). About 79.2% of housing units are owner-occupied. The median year homes were built is 1961. There are 272 total housing units.