Homes & Apartments for Rent in 49269

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What to Know About

Life in Parma & Beyond

Parma shares many of the great qualities that make Michigan a desirable place to live.

Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Parma, MI

As of June 2026, Parma's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Parma's average rent is 7.5% ($107) lower than the Michigan average of $1,429 and 26.4% ($475) lower than the U.S. average of $1,797.

Average Rent
$1,322
Monthly ChangeMonth Over Month Change
Increased2.5% ($32)
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $998 Increased0.5% ($5) No change
2 Beds $1,350 Increased4.7% ($60) No change
3 Beds $1,802 Decreased0.9% ($17) No change
Nearby Cities Average Rent Avg. Rent vs. ParmaAverage Rent vs. Parma Avg. Days on MarketAverage Days on Market
Albion $952 Decreased28% ($370) 38 days
Jackson $1,027 Decreased22.3% ($295) 30 days
Olivet $854 Decreased35.4% ($468) 40 days
Mason $970 Decreased26.6% ($352) 40 days
Brooklyn $1,076 Decreased18.6% ($246) 38 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Parma Rental Market FAQs

Explore rental prices, market trends, and availability in Parma, MI.

The average rent in Parma, MI is $1,322 per month.
Homes in Parma typically rent for between $699 and $2,343 per month, with an average of $1,322 per month.
In Parma, the average rent for a 1-bedroom home is $998 per month, for a 2-bedroom home, $1,350 per month, and a 3-bedroom home is $1,802 per month.
The average rent in Parma is 26.4% ($475) lower than the national average of $1,797 per month.
The rental market in Parma, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Parma, MI, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 2 rental properties available in Parma, MI.
Based on the current averages, a household would need an annual income of $54,000 to comfortably afford a 2-bedroom home in Parma.
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