
Cheap Homes for Rent in Parma, MI from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Parma.


209 N Dwight St

406 W Morrell St

511 Wildwood Ct

403 High St

863 Concord Blvd
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Parma, MI Local Guide

How much does it cost to rent a home in Parma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parma 2 Bedroom Homes for Rent | $1,183 | $1,000 | $1,300 |
Parma 3 Bedroom Homes for Rent | $1,520 | $950 | $2,100 |
Parma 4 Bedroom Homes for Rent | $1,607 | $1,040 | $2,595 |
Parma 5 Bedroom Homes for Rent | $1,625 | $1,350 | $1,900 |
Parma 6 Bedroom Homes for Rent | $6,675 | $6,675 | $6,675 |
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Parma, MI Local Guide
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Cheapest Available Parma Apartments for Rent and Nearby
 The cheapest available apartment rental in Parma, MI is a 2 Beds unit found at Island City Apartments priced from $570. Hallet Crossing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $665. Here is today’s list of the most affordable Parma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Island City Apartments | 2 Beds, 2 baths | 2BR,2BA | $570 |
Hallet Crossing | 2 Bedroom Unit | 2BR,1BA | $665 |
Renaissance Apartments | One Bedroom | 1BR,1BA | $775 |
Best Value Apartments for Rent in Parma, MI and Nearby
As of April 17, 2025 the best value apartment in the Parma area is the $0.98 price per square foot 3 Bedroom Townhome Model at Oak Meadows in the in the Marshall Albion neighborhood starting from $1,100. The second greatest value Parma apartment is the 3 Bedroom Unit Model at Hallet Crossing starting at $763 with a $0.69 price per square foot . Here is today’s list of the best values for Parma apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Oak Meadows | 3 Bedroom Townhome | 3BR,1.5BA | $0.98 |
Hallet Crossing | 3 Bedroom Unit | 3BR,1.5BA | $0.69 |
Island City Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.57 |
Withington Apartments* | Two Bedroom Two Bathroom | 2BR,2BA | $1.18 |
Blossom Manor Apartments | Fully Furnished Unit | 2BR,1BA | $1.05 |
Cherry Grove | Two Bedroom Upgraded | 2BR,1BA | $1.17 |
The Meadows on Michigan Avenue | 2BD/1BA | 2BR,1BA | $1.24 |
Village Manor of Brooklyn | 2 Bedroom - 1 Bath | 2BR,1BA | $1.29 |
Ashton Ridge Apartments | 1X1 719- 792 | 1BR,1BA | $0.99 |
Autumn Woods Apartments | Birchwood | 1BR,1BA | $1.26 |
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Frequently Asked Questions about Parma
What type of rentals are currently available in Parma?
There are currently 43 Apartments for Rent in Parma, MI with pricing that ranges from $570 to $1,919. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parma ranging from $580 to $6,675.
What is the current price range for Rental Homes in Parma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parma ranges from $580 to $6,675 with an average monthly rent of $2,215.
How much are larger Three and Four Bedroom Rentals in Parma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parma range from $645 to $1,919, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,040 and Four Bedroom Apartments start at $1,400.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.