
Cheap Homes for Rent in Parchment, MI from $500 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Parchment.


1011 N Church St

720 S Park St

1107 N Burdick St

807 Ferris Ct

142 N Riverview Dr, Unit 3
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.

1315 Mills St

6314 E Jk Ave

917 Oak St

1826 Charles Ave

514-516 N Berkley St

1104 Washington Ave
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.

3241 Birch Ln

1925 Nichols Rd

1924 Sunnyside Dr

434 Den Adel Ct

1521 N Park St

708 Elizabeth 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.

3235 Birch Ln
Parchment, MI Local Guide

How much does it cost to rent a home in Parchment?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parchment 2 Bedroom Homes for Rent | $1,070 | $799 | $1,310 |
| Parchment 3 Bedroom Homes for Rent | $1,547 | $1,200 | $2,000 |
| Parchment 4 Bedroom Homes for Rent | $1,933 | $1,699 | $2,400 |
| Parchment 5 Bedroom Homes for Rent | $1,850 | $1,750 | $2,000 |
| Parchment 6 Bedroom Homes for Rent | $2,580 | $2,100 | $3,100 |
Browse Top Homes for Rent in Parchment
Explore Parchment
Parchment, MI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Parchment Apartments for Rent
 The cheapest available apartment rental in Parchment, MI is a 2 Beds unit found at 503 N Riverview Dr in the Northside neighborhood priced from $800. Country Meadow Apartments in the Eastside neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Parchment apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 503 N Riverview Dr | 2 bed 1 bath | 2BR,1BA | $800 |
| Country Meadow Apartments | 1 Bed Balcony | 1BR,1BA | $900 |
| Lakeview Apartments | 1 Bed 1 Bath | 1BR,1BA | $975 |
| Rivers Edge Apartments | Studio | Studio,1BA | $990 |
| Harrison Circle | 1 Bedroom 80% | 1BR,1BA | $999 |
Best Value Apartments for Rent in Parchment, MI
As of July 28, 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 1 Bed, 1 bath Model at Lofts at Ironworks starting at $2,009 with a $2.00 price per square foot in the West Main Hill 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 |
| Lofts at Ironworks | 1 Bed, 1 bath | 1BR,1BA | $2.00 |
| 815 N Pitcher St | 2BR/2.0BA | 2BR,2BA | $1.63 |
| 107-123 E Michigan Ave | 2 Bed / 2 Bath | 2BR,2BA | $1.90 |
| Coopers Landing Apartments | 1 Bed, 1.5 Bath - 844 sq ft | 1BR,1.5BA | $1.47 |
| 2408 Texel Dr | 2 Bedroom | 2BR,1BA | $1.34 |
| 503 N Riverview Dr | 2 bed 1 bath | 2BR,1BA | $1.14 |
| 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 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 Parchment
What type of rentals are currently available in Parchment?
There are currently 66 Apartments for Rent in Parchment, MI with pricing that ranges from $752 to $3,900. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parchment ranging from $545 to $3,100.
What is the current price range for Rental Homes in Parchment?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parchment ranges from $545 to $3,100 with an average monthly rent of $1,642.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.