Average Rent in Parma, MI and Rent Price Trends

Rent price summary for
Parma, MI

As of September 2025, the median rent for all bedroom counts and property types in Parma, MI is $1,050. This is -47% lower than the national average.

$1.36

average price per square foot

Median rent

$1,050

31%

over the previous yearvs previous year

Total rentals

13

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Parma, MI is $1,050. This is -47% lower than the national average.

$1.36

average price per square foot

Rent ranges

85%

15%

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

Households

75%

25%

Owner-occupied

Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

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 comparables in
Parma, MI
The monthly rent for an apartment in Parma, MI is $900. A 1-bedroom apartment in Parma, MI costs about $900 on average, while a 2-bedroom apartment is $895. Houses for rent in Parma, MI are more expensive, with an average monthly cost of $1,350.


1 bedroom	$872	No Change	6%
2 bedroom	$1,061	6%	-
3 bedroom	$1,350	10%	-
4 bedroom	$1,995	-	-
Studio	$990	No Change	-


Apartments	$900	6%	No Change
Condos	$725	-	-
Houses	$1,350	10%	No Change

Studio

Average rent

$990

1 bedroom

Average rent

$872

Last year

2 bedroom

Average rent

$1,061

Last 30 days

3 bedroom

Average rent

$1,350

Last 30 days

10%

4 bedroom

Average rent

$1,995

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.

Compare rent prices in Parma, MI to other cities

Median rent prices in Parma, MI for all bedroom counts and property types compared to Albion, MI.

Parma

Median rent price$1,050

47%

lower than the national median

Median rent price$975

51%

lower than the national median

Takeaway

The median rent for all rentals in Parma, MI is 8% higher than the median rent in Albion, MI.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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