Parma, MI rental market
What is the average rent in Parma, MI?
Last updated November 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in Parma, MI is $600.
$600
+$600
-$250
2
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $600 to $850.
| Rent price | Number of rental properties |
|---|---|
| $500 | 1 |
| $600 | 1 |
| $800+ | 1 |
Average rent price over time
In the last year, rent has decreased by $250 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $795 | $850 |
| Feb | $750 | $950 |
| Mar | $717 | $2,100 |
| Apr | $670 | $1,950 |
| May | $650 | $850 |
| Jun | $625 | $850 |
| Jul | $347 | No data |
| Aug | $625 | No data |
| Sep | $950 | No data |
| Dec | $850 | No data |
Market temperature
The Parma, 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 Parma, MI is 70% lower than the national average.
$600
$2,000
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Frequently asked questions
1. What is the average rent in Parma, MI?
The average rent in Parma, MI is $600.
2. What is the average rent for a studio apartment in Parma, MI?
The average rent for a studio apartment in Parma, MI is $600 per month.
3. What is the average rent for a two-bedroom apartment in Parma, MI?
The average rent for a two-bedroom apartment in Parma, MI is $850 per month.
4. How much does it cost to rent a house in Parma, MI?
Houses in Parma, MI rent between $600 - $850 with an average rent of $600.
5. How has the rent in Parma, MI changed in the last year?
In the last year, the rent in Parma, MI decreased by $250
6. How much has the rent in Parma, MI increased/decreased in the last month?
In the last month, the rent in Parma, MI increased by $600
7. How many available rentals are there in Parma, MI?
There are currently 2 rentals available in Parma, MI.
8. How do rent prices in Parma, MI compare with the national average?
The average rent in Parma, MI is $600 — 70% lower the national average of $2,000.