Bedroom count
Property type
Last updated on September 13, 2026
Average rent in
Parma, MI
Average rent in
Last updated on September 13, 2026
Bedroom count
Property type
Median rent
Median rent in Parma
$1,000/mo
31%vs previous year
The average rent in Parma is $1,000 per month as of September 2026. This is 47% below the national average rent, or $900 less per month.
average price per square foot
Total rentals
Available rentals in Parma
13
for rent on Zumper.com as of September 2026
Rent price distribution
Share of Parma rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Parma, MI, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Parma, MI
Average rent prices in Parma have remained the same over the last month and have decreased by 31% 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
Parma, MI
Rent prices in Parma vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Parma is $925, whereas a house costs $1,545. 1-bedroom apartments in Parma run $950 on average, while 2-bedroom apartments are $1,085.
Listings | ||||
|---|---|---|---|---|
Studio | $975 | - | - | |
1 bedroom | $895 | No Change | - | |
2 bedroom | $1,225 |  10% | 32% | |
3 bedroom | $1,400 | No Change | 19% | |
4 bedroom | $1,450 | No Change | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Parma, MI.
Listings | ||||
|---|---|---|---|---|
Apartments | $925 | 10% | No Change | |
Condos | $1,025 | - | No Change | |
Houses | $1,545 | No Change | No Change |
Studio
Average rent
$975
1 bedroom
Average rent
$895
Last 30 days
No Change
2 bedroom
Average rent
$1,225
Last 30 days
10%
Last year
32%
3 bedroom
Average rent
$1,400
Last year
19%
4 bedroom
Average rent
$1,450
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Parma, MI.
Apartments
Average rent
$925
Last 30 days
10%
Condos
Average rent
$1,025
Houses
Average rent
$1,545
The table above reflects average rent prices in Parma, 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 Parma, MI compare to other cities?
Compare median rent prices in Parma and Albion by all bedroom counts and property types.
Parma
47%lower than the national median
37%lower than the national median
Takeaway
The median rent for all rentals in Parma, MI is 17% lower than the median rent in Albion, MI.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,199
14%$1,475
17%$1,155
9%$1,155
6%$950
$975
$1,125
13%$1,285
100%$1,387
86%$1,160
16%$1,181
84%$1,000
22%Discover rentals in Parma, MI
3d ago
321/323 Elizabeth St., Parma, MI 49269
2 beds
1 bath
$1,285
Price drop
Apartment for rent
3d ago
321/323 Elizabeth St., Parma, MI 49269
2 beds
1 bath
$1,285
Price drop
Apartment for rent
Stay up to date with rental market insights
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Frequently asked questions for Parma, MI
Quick answers to common questions about the Parma rental market.
How much is rent in Parma?
The average rent in Parma is $1,000 per month as of September 12, 2026.
Is rent up or down in Parma?
Average rent prices in Parma have remained the same over the last month and have decreased by 31% since last year.
How does Parma rent compare to the national average?
Rent in Parma is 47% below the national average, which means renters are paying approximately $900 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 $40,000/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).