Last updated on October 29, 2026

Average rent in
Parchment, MI

Median rent

Median rent in Parchment

$1,350/mo

increased by50%

vs previous year

The average rent in Parchment is $1,350 per month as of October 2026. This is 29% below the national average rent, or $550 less per month.

$1.52

average price per square foot

Total rentals

Available rentals in Parchment

19

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Parchment rentals at each price point

65%49%33%16%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Parchment, MI

Average rent prices in Parchment have decreased by 2% over the last month and have increased by 50% 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 $1,134, whereas a house costs $1,500. 1-bedroom apartments in Parchment run $950 on average, while 2-bedroom apartments are $1,255.

Listings

Studio

$750

-

53%

1 bedroom

$999

No Change

14%

2 bedroom

$1,270

3%

41%

3 bedroom

$1,500

4%

-

4 bedroom

$1,900

-

-

Studio

Average rent

$750

Last year

53%

1 bedroom

Average rent

$999

Last year

14%

2 bedroom

Average rent

$1,270

Last 30 days

3%

Last year

41%

3 bedroom

Average rent

$1,500

Last 30 days

4%

4 bedroom

Average rent

$1,900

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$1,350
decreased by29%

lower than the national median

Median rent price$1,219
decreased by36%

lower than the national median

Takeaway

The median rent for all rentals in Parchment, MI is 11% higher than the median rent in Augusta, MI.

Discover rentals in Parchment, MI

Parchment Point Townhomes - Photo 1 of 1

1d ago

8.8

Very good

Parchment Point Townhomes

450 Haymac Dr, Parchment, MI 49004

1–3 beds

1–2 baths

$919–$1,420

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Stay up to date with rental market insights

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 Parchment, MI

Quick answers to common questions about the Parchment rental market.

How much is rent in Parchment?

The average rent in Parchment is $1,350 per month as of October 24, 2026.

Is rent up or down in Parchment?

Average rent prices in Parchment have decreased by 2% over the last month and have increased by 50% since last year.

How does Parchment rent compare to the national average?

Rent in Parchment is 29% below the national average, which means renters are paying approximately $550 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 $54,000/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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