Rentometer, Inc. | Data as of 10/22/2025
Parchment, Michigan, offers a vibrant yet relaxed rental market that caters to a diverse range of renters, from young professionals and families to students attending nearby colleges. The city’s compact layout and strong sense of community make it an appealing choice for those seeking a balance between suburban comfort and easy access to urban amenities. With a mix of single‑family houses and well‑maintained apartment complexes, prospective tenants can find a variety of living arrangements that suit their lifestyle and budget.
Among the rental options, two‑bedroom apartments are particularly popular, reflecting a typical price point that falls within the $1100‑$1200 range, which aligns with the city’s overall affordability. This price bracket provides excellent value for renters looking for modern finishes, on‑site laundry, and proximity to key conveniences. While houses are available in the market, apartments tend to dominate the inventory, offering the convenience of shared amenities and lower maintenance responsibilities.
The city’s neighborhoods each have their own character—historic districts feature charming homes close to downtown’s boutique shops, cafés, and cultural venues, while newer developments near the riverfront provide easy access to parks, walking trails, and recreational activities. Parchment’s central location also means a short commute to Kalamazoo’s business district, medical centers, and entertainment venues, making it an ideal base for both work and leisure. Whether you’re seeking a quiet residential street or a lively community atmosphere, Parchment’s rental market delivers a welcoming environment for all renters.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | 2 Bedroom | $1,162 | $1,150 | $1,100 - $1,250 | $1,150 - $1,250 |
In the current period, the average rent in Parchment was
$1,166 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.