
Cheap Apartments for Rent in Parchment, MI from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Parchment.


Parchment Point Townhomes

142 N Riverview Dr, Unit 3

142 N Riverview Dr, Unit 1

Total Monthly Price
502 Vale Ave, Unit 3c

1508 E Michigan Ave

3025 E Main St

Total Monthly Price
Walbridge Common
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2839 Gull Rd

223 E North St

180 E.Water Street

Country Meadow Apartments

1700 E G Ave

Gilmore Apartments

Lakeview Apartments

1536 Henson Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1403 Sherwood Ave

Peregrine Peninsula

Rivers Edge Apartments

Coopers Landing Apartments

2408 Texel Dr

107-123 E Michigan Ave

Total Monthly Price
608 W Kalamazoo Ave, Unit 1

608 W Kalamazoo Ave, Unit 1
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

3622 Douglas Ave

Total Monthly Price
2813 E G Ave, Unit 2

1003 Newland Pl

Walbridge Common

Humphrey Woods

720 S Park St

Big Bend Apartments

6314 E Jk Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Nu Burdick

Harrison Circle

6133 King Hwy

1088 Colonial Trail

1068 Colonial Trail W

2725 S Burdick St

1521 N Park St

1512 S Burdick St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Parchment, MI Local Guide

How much does it cost to rent an apartment in Parchment?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Parchment Studio Apartments | $1,011 | $752 | $1,882 |
| Cheap Parchment 1 Bedroom Apartments | $1,521 | $695 | $2,650 |
| Cheap Parchment 2 Bedroom Apartments | $1,652 | $995 | $3,900 |
| Cheap Parchment 3 Bedroom Apartments | $1,453 | $1,223 | $2,550 |
Browse Top Apartments in Parchment
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Parchment, MI Local Guide
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Cheapest Available Parchment Apartments for Rent
 The cheapest available apartment rental in Parchment, MI is a 1 Bed unit found at Country Meadow Apartments in the Eastside neighborhood priced from $850. Parchment Manor Apartments in the Northside neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Parchment apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Meadow Apartments | 1 Bed Garden | 1BR,1BA | $850 |
| Parchment Manor Apartments | Parchment Manor Apartments - Studio | 1BR,1BA | $875 |
| Lakeview Apartments | 1 Bed 1 Bath | 1BR,1BA | $975 |
| Harrison Circle | 1 Bedroom 80% | 1BR,1BA | $999 |
| 2408 Texel Dr | 2 Bedroom | 2BR,1BA | $1,095 |
| 107-123 E Michigan Ave | 1 Bed / 1 Bath | 1BR,1BA | $1,100 |
| Lofts at Ironworks | 1 Bed, 1 bath | 1BR,1BA | $1,404 |
| The Exchange | 1 bed view | 1BR,1BA | $1,555 |
Best Value Apartments for Rent in Parchment, MI
As of June 13, 2026 the best value apartment in the Parchment area is the $0.94 price per square foot 2 BED, 2 BATH Model at Peregrine Tower in the in the West Main Hill neighborhood starting from $1,875. The second greatest value Parchment apartment is the 2813 E G Ave Model at 2813 E G Ave, Unit 2 starting at $1,200 with a $1.14 price per square foot in the Burke Acres neighborhood. Here is today’s list of the best values for Parchment apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Peregrine Tower | 2 BED, 2 BATH | 2BR,2BA | $0.94 |
| 2813 E G Ave, Unit 2 | 2813 E G Ave | 2BR,1BA | $1.14 |
| Lofts at Ironworks | 1 Bed, 1 bath | 1BR,1BA | $2.00 |
| Parchment Manor Apartments | Parchment Manor Apartments - Studio | 1BR,1BA | $1.08 |
| 2408 Texel Dr | 2 Bedroom | 2BR,1BA | $1.47 |
| 502 Vale Ave, Unit 3c | 502 Vale Ave | 1BR,1BA | $1.43 |
| Country Meadow Apartments | 1 Bed Balcony | 1BR,1BA | $1.41 |
| Lakeview Apartments | 1 Bed 1 Bath LVP | 1BR,1BA | $1.63 |
| 107-123 E Michigan Ave | 1 Bed / 1 Bath | 1BR,1BA | $1.82 |
| Harrison Circle | 1 Bedroom 80% | 1BR,1BA | $2.00 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Parchment, MI Rentals by Map
See the most popular apartments and homes in Parchment, MI
Frequently Asked Questions about Cheap Parchment Apartments
How much is rent for a Cheap One Bedroom Parchment Apartment?
The lowest price for a Cheap One Bedroom Parchment Apartment is $850 at Country Meadow Apartments.
What is the lowest price for a Cheap Two Bedroom Parchment Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parchment is starting from $1,000 at Country Meadow Apartments.
What is the most affordable Parchment Three Bedroom Apartment?
The best deal on a cheap Parchment Three Bedroom Apartment rental is at Lakeview Apartments and starts from $1,325.
Expert Rental Resources
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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.