Average Rent in Parchment, MI and Rent Price Trends

Rent trends in Parchment, MI

Average rent prices in Parchment have remained the same over the last month and have increased by 34% since last year.

Rent trends

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

Compare rent prices in
Parchment, MI

Rent prices in Parchment vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Parchment is $1,099, whereas a house costs $1,250. 1-bedroom apartments in Parchment run $875 on average, while 2-bedroom apartments are $1,099.


Studio	$990	-	-
1 bedroom	$1,350	2%	65%
2 bedroom	$1,220	1%	39%
3 bedroom	$1,699	3%	-
4 bedroom	$2,100	-	-

		Listings
Parchment	$1,125


Apartments	$1,099	2%	No Change
Condos	$915	-	-
Houses	$1,250	No Change	No Change

Studio

Average rent

$990

1 bedroom

Average rent

$1,350

Last 30 days

Last year

65%

2 bedroom

Average rent

$1,220

Last 30 days

Last year

39%

3 bedroom

Average rent

$1,699

Last 30 days

4 bedroom

Average rent

$2,100

The table above reflects average rent prices in Parchment, 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.

How does rent in Parchment, MI compare to other cities?

Compare median rent prices in Parchment and Augusta by all bedroom counts and property types.

Parchment

Median rent price$1,220

36%

lower than the national median

Median rent price$1,248

34%

lower than the national median

Takeaway

The median rent for all rentals in Parchment, MI is 2% lower than the median rent in Augusta, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,248

$1,195

$1,180

$1,000

$1,375

$1,315

$1,100

$1,345

$1,160

$2,200

$1,950

$1,300

Discover rentals in Parchment, MI

5d+ ago

Apartment for rent in Parchment

1710 E G Ave Apt 3b #3B, Parchment, MI 49004

2 beds

1 bath

$895

1508 Seville Ave, Kalamazoo, Mi 49004, Usa - Photo 1 of 1

5d+ ago

House for rent in Parchment

1508 Seville Ave

1508 Seville Ave, Kalamazoo, Mi 49004, Usa, Parchment, MI 49004

3 beds

1 bath

$1,450

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Frequently asked questions for Parchment, MI

Quick answers to common questions about the Parchment rental market.

How much is rent in Parchment?

The average rent in Parchment is $1,220 per month as of September 12, 2026.

Is rent up or down in Parchment?

Average rent prices in Parchment have remained the same over the last month and have increased by 34% since last year.

How does Parchment rent compare to the national average?

Rent in Parchment is 36% below the national average, which means renters are paying approximately $680 less per month.

What salary do I need to afford rent in Parchment?

To comfortably afford rent in Parchment, you'd need to earn approximately $49,000/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).