Last updated on June 22, 2026

Average rent in
Albion College, MI

Median rent

Median rent in Parma

$975/mo

Flat

vs previous year

The average rent in Parma is $975 per month as of June 2026. This is 50% below the national average rent, or $975 less per month.

$1.06

average price per square foot

Total rentals

Available rentals in Parma

19

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Parma rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Albion College, MI

Average rent prices in Parma have remained the same since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Albion College, MI

Rent prices in Parma vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Parma is $825, whereas a house costs $1,300. 1-bedroom apartments in Parma run $650 on average, while 2-bedroom apartments are $975.

Listings

1 bedroom

$775

-

-

2 bedroom

$1,350

-

34%

3 bedroom

$1,300

-

63%

4 bedroom

$1,800

-

6%

1 bedroom

Average rent

$775

2 bedroom

Average rent

$1,350

Last year

34%

3 bedroom

Average rent

$1,300

Last year

63%

4 bedroom

Average rent

$1,800

Last year

6%

The table above reflects average rent prices in Albion College, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in Albion College, MI

12631 W Michigan Ave - Photo 1 of 1

5d+ ago

Apartment for rent in Parma

Apartment for rent

402 South Clay Street 2019 - Photo 1 of 1

2d ago

8.8

Very good

402 South Clay Street 2019

402 S Clay St, Homer, MI 49245

3 beds

1 bath

$850

Apartment for rent

Carriage House (Albion 64 LLC) - Photo 1 of 1
3D tour

5d+ ago

8.5

Very good

Carriage House (Albion 64 LLC)

205 E Watson St, Albion, MI 49224

2 beds

1 bath

$975

Apartment for rent

1113 Wiener Dr #1 - Photo 1 of 1

5d+ ago

House for rent in Albion

Wiener Drive 1113 - 1

1113 Wiener Dr #1, Albion, MI 49224

3 beds

1.5 baths

$1,300

House for rent

Available Aug 1

Stay up to date with rental market insights

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Albion College, MI

Quick answers to common questions about the Parma rental market.

How much is rent in Parma?

The average rent in Parma is $975 per month as of June 20, 2026.

Is rent up or down in Parma?

Average rent prices in Parma have remained the same since last year.

How does Parma rent compare to the national average?

Rent in Parma is 50% below the national average, which means renters are paying approximately $975 less per month.

What salary do I need to afford rent in Parma?

To comfortably afford rent in Parma, you'd need to earn approximately $39,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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