Parchment, MI rental market
Last updated August 28, 2025
Rental market summary
The average rent for all bedrooms and all property types in Parchment, MI is $925.
$925
$0
+$39
6
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $899 to $1,525.
| Rent price | Number of rental properties |
|---|---|
| $800 | 1 |
| $900 | 4 |
| $1,100 | 1 |
| $1,500+ | 1 |
Average rent price over time
In the last year, rent has increased by $39 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $875 | $1,158 |
| Feb | $850 | $1,100 |
| Mar | $850 | $899 |
| Apr | $1,124 | $788 |
| May | $925 | $795 |
| Jun | $995 | $850 |
| Jul | $995 | $950 |
| Aug | $1,000 | $995 |
| Sep | $881 | No data |
| Oct | $850 | No data |
| Nov | $850 | No data |
| Dec | $899 | No data |
Market temperature
The Parchment, MI rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Parchment, MI is 56% lower than the national average.
$925
$2,100
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Frequently asked questions
1. What is the average rent in Parchment, MI?
The average rent in Parchment, MI is $925.
2. How much does it cost to rent a house in Parchment, MI?
Houses in Parchment, MI rent between $899 - $1,525 with an average rent of $925.
3. How has the rent in Parchment, MI changed in the last year?
In the last year, the rent in Parchment, MI increased by $39
4. How much has the rent in Parchment, MI increased/decreased in the last month?
In the last month, the rent in Parchment, MI did not change.
5. How many available rentals are there in Parchment, MI?
There are currently 6 rentals available in Parchment, MI.
6. How do rent prices in Parchment, MI compare with the national average?
The average rent in Parchment, MI is $925 — 55.95% lower the national average of $2,100.