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


114 Espanola Ave

Parchment Manor Apartments

Parchment Point Townhomes

142 Riverview Dr, Unit 3

1508 E Michigan Ave

2839 Gull Rd

223 E North St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1403 Sherwood Ave

Total Monthly Price
Walbridge Common

180 E.Water Street

Country Meadow Apartments

Gilmore Apartments

Rivers Edge Apartments

Lakeview Apartments

2408 Texel Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Peregrine Peninsula

Coopers Landing Apartments

605 W Kalamazoo Ave

107-123 E Michigan Ave

4038 Nazareth Rd

Walbridge Common

Humphrey Woods

721 Egleston Ave
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.

1011 N Church St

240 Stuart Ave

720 S Park St

1107 N Burdick St

1315 Mills St

6314 E Jk Ave

Big Bend Apartments

Harrison Circle
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.

1826 Charles Ave

2301 Mt Olivet Rd

Nu Burdick

1925 Nichols Rd

1415 Sherwood Ave

3241 Birch Ln

3221 Birch Ln

1924 Sunnyside Dr
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.
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 | $1,007 | $700 | $1,882 |
| Cheap Parchment 1 Bedroom Apartments | $1,491 | $600 | $2,650 |
| Cheap Parchment 2 Bedroom Apartments | $1,644 | $750 | $3,900 |
| Cheap Parchment 3 Bedroom Apartments | $1,396 | $1,295 | $1,625 |
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 | Studio | One Bath | 1BR,1BA | $875 |
| Lakeview Apartments | 1 Bed 1 Bath Lakeview | 1BR,1BA | $990 |
| Rivers Edge Apartments | Studio | Studio,1BA | $990 |
| Harrison Circle | 1 Bedroom 80% | 1BR,1BA | $999 |
| 2408 Texel Dr | 2 Bedroom | 2BR,1BA | $999 |
| Nu Burdick | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,095 |
| 107-123 E Michigan Ave | 1 Bed / 1 Bath | 1BR,1BA | $1,100 |
| Coopers Landing Apartments | 2 Bed, 1.5 Bath - 864 sq ft | 2BR,1BA | $1,195 |
| Lofts at Ironworks | 1 Bed, 1 bath | 1BR,1BA | $1,404 |
Best Value Apartments for Rent in Parchment, MI
As of September 12, 2026 the best value apartment in the Parchment area is the $1.84 price per square foot One Bedroom - Fully Furnished Model at Arlington Lofts in the in the West Main Hill neighborhood starting from $2,500. The second greatest value Parchment apartment is the 2 Bed, 2 Bath - 1,110 sqft Model at Coopers Landing Apartments starting at $1,768 with a $1.59 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. |
|---|---|---|---|
| Arlington Lofts | One Bedroom - Fully Furnished | 1BR,1.5BA | $1.84 |
| Coopers Landing Apartments | 2 Bed, 2 Bath - 1,110 sqft | 2BR,2BA | $1.59 |
| 815 N Pitcher St | 2BR/2.0BA | 2BR,2BA | $1.63 |
| 107-123 E Michigan Ave | 2 Bed / 2 Bath | 2BR,2BA | $1.90 |
| Parchment Manor Apartments | Parchment Manor | Studio | One Bath | 1BR,1BA | $1.09 |
| 502 E Butler Ct | 502 E. Butler Court | 1BR,1BA | $2.00 |
| 2408 Texel Dr | 2 Bedroom | 2BR,1BA | $1.34 |
| Country Meadow Apartments | 1 Bed Balcony | 1BR,1BA | $1.41 |
| Lakeview Apartments | 1 Bed 1 Bath Renovated | 1BR,1BA | $1.65 |
| Rivers Edge Apartments | Studio | Studio ,1BA | $1.67 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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
What is the Cheapest Studio apartment in Parchment?
Currently the most affordable Cheap Studio Apartment in Parchment is at Rivers Edge Apartments listed at $990.
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 $995 at Lakeview Apartments.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.