Zumper
modified
Updated 5+ Days Ago

Highlights

  • Pet Friendly
  • Urban lifestyle
  • Newly constructed apartments

Location

155 South Kalamazoo Mall, Kalamazoo, MI 49007, USA|Central Business District
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Property Overview

The Exchange offers a strong mix of value, convenience, and quality, with a 9.6 Zumper Expert Rating, top scores for amenities, location, and quality, and competitive pricing for what it provides. It is especially well positioned for an urban lifestyle and newly constructed apartments, with on-site gathering spaces, public amenities, and nearby cultural and entertainment options adding to its appeal.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.6
Excellent
Earning an outstanding 9.6 out of 10 overall rating, The Exchange is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.

Things you’ll love

  • More space
  • High school nearby
  • Extra storage

Great for

  • Social life

Floor plans

Studio with BalconyStudio0 bath651 sqftAsk to join waitlistComing soon
1 Bedroom1 bed1 bath793 sqftAsk to join waitlistComing soon
1 Bedroom with Balcony1 bed1 bath796 sqftAsk to join waitlistComing soon
1 Bedroom with Terrace1 bed1 bath793 sqftAsk to join waitlistComing soon
1 Bedroom with Balcony1 bed1 bath833 sqftAsk to join waitlistComing soon
1 Bedroom1 bed1 bath704 sqftAsk to join waitlistComing soon
2 Bedroom + Office2 bed2 bath1,544 sqftAsk to join waitlistComing soon
2 Bedroom with Balcony or Terrace2 bed2 bath1,398 sqftAsk to join waitlistComing soon

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Amenities for The Exchange

Apartment Amenities

Carpeted BedroomsGleaming Hardwood Floors
Granite Countertops

Appliances

Stainless Steel AppliancesWasher and Dryer

Building

24 Hour Fitness CenterBike Storage
Cats OKDogs OK

Grounds

Covered and Garage ParkingPet-Friendly Community
Rooftop Terrace
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

About The Exchange

HomeApartments in KalamazooCentral Business District The Exchange

The Exchange apartments in downtown Kalamazoo are perfect for those looking to live an urban lifestyle in one of Michigan’s most exciting cities. With newly constructed studio, one bedroom, and two bedroom apartments available, you’re sure to find what you’re looking for in an apartment, at The Exchange. If you have any questions about leasing, or would like to see what’s available, contact our leasing department today.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.6
/10
Excellent
Earning an outstanding 9.6 out of 10 overall rating, The Exchange is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
How we rated The Exchange
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Exchange stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Exchange stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Exchange offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
The Exchange has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at The Exchange.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The Exchange has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

The Exchange is great for:

Social life

  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • This community has public spaces on site, like fitness centers or pools
  • 60 museums, art galleries, or cultural centers within 1 mile
  • 22 theaters, music venues, or sports arenas nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How The Exchange compares to other nearby properties.

Positives

More space
Studio is 59 sqft larger than other listings nearby
More space
The 2-bedroom is 166 sqft larger than other listings nearby
High school nearby
There is a high school 1.0 miles away
Extra storage
In-unit features
Fitness center
The gym is just a few steps away
Images Available
There are at least 10 photos of this property

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.6 miles away

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Rent trends in Central Business District

Median rents as of Oct 17 2026.
Central Business District
Kalamazoo
A table of 1-bedroom apartment rental data trends in Kalamazoo
MonthMedian Rent
November 2024$1,033
December 2024$991
January 2025$990
February 2025$979
March 2025$977
April 2025$912
May 2025$968
June 2025$995
July 2025$955
August 2025$975
September 2025$999
October 2025$1,006
November 2025$1,012
December 2025$1,000
January 2026$970
February 2026$993
March 2026$1,016
April 2026$1,005
May 2026$993
June 2026$986
July 2026$996
August 2026$997
September 2026$1,009
October 2026$1,006
A table of 1-bedroom apartment rental data trends in Central Business District
MonthMedian Rent
November 2024$1,650
December 2024$1,750
January 2025$1,750
February 2025$1,750
March 2025$1,610
April 2025$1,706
May 2025$1,868
June 2025$1,750
July 2025$1,750
August 2025$1,757
September 2025$1,697
October 2025$1,683
November 2025$1,544
December 2025$1,461
January 2026$1,471
February 2026$1,563
March 2026$1,509
April 2026$1,456
May 2026$1,758
June 2026$1,676
July 2026$1,484
August 2026$1,794
September 2026$1,744
October 2026$1,802

Schools near The Exchange

Valley Center School

3122 lake st

kalamazoo, MI, 49048

1-12Public

Woodsedge Learning Center

1501 e milham rd

portage, MI, 49002

PK, K-12Public

Mattawan Early Childhood Education Center

56720 murray st

mattawan, MI, 49071

KPublic
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Getting around Kalamazoo near 155 South Kalamazoo Mall

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

5/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 155 South Kalamazoo Mall, Kalamazoo

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Nightlife

6/10
Several bars within a few minutes’ walk

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