Cheap Apartments for Rent near Parma, MI from $600 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in Parma.

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.

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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.

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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.

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Hallet Crossing
1 to 3 Bedroom Apartments

Hallet Crossing

523 4th StMichigan Center, MI 49254
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The Greenwood
1 to 3 Bedroom Apartments

The Greenwood

702 Greenwood AveJackson, MI 49203
  • Utilities Included
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Sherman Apartments
1 to 2 Bedroom Apartments

Sherman Apartments

501 Homer RdConcord, MI 49237
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Meade Apartments
1 to 2 Bedroom Apartments

Meade Apartments

901 E Michigan AveMarshall, MI 49068
Corporate Housing
  • Utilities Included

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.

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Garfield Apartments
1 to 2 Bedroom Apartments

Garfield Apartments

216 E Everett StHomer, MI 49245
Corporate Housing
  • Utilities Included
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The Reserve at Lakeside
1 to 2 Bedroom Apartments

The Reserve at Lakeside

2900 Heritage Place DrJackson, MI 49203
Senior Living
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The Blackstone
1 to 3 Bedroom Apartments

The Blackstone

209 N Blackstone StJackson, MI 49201
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Sheridan Apartments
1 to 2 Bedroom Apartments

Sheridan Apartments

1150 Arms StMarshall, MI 49068
Corporate Housing
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Cherry Grove
1 to 2 Bedroom Apartments

Cherry Grove

703 Cherry StMason, MI 48854

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.

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Showing Results 1-50, Page 1 of 2

Parma, MI Local Guide

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 $616. Grand River Ridge in the Jackson County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Parma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Island City Apartments2 Beds, 2 baths2BR,2BA$616
Grand River Ridge1 Bedroom1BR,1BA$749
Seniors of Maple RidgeOne Bedroom1BR,1BA$780
Autumn WoodsBirchwood1BR,1BA$815
Oak MeadowsOne Bedroom1BR,1BA$825
Park Crest ApartmentsOne Bed | One Bath | Half Off First Months Rent!1BR,1BA$825
Granada ApartmentsOne Bedroom1BR,1BA$874
North Pointe Apartments1 Bed 1 Bath1BR,1BA$875
Blossom Manor ApartmentsGray Cool colors2BR,1BA$875
Springport Glen1x1-6501BR,1BA$895

Best Value Apartments for Rent in Parma, MI and Nearby

As of August 09, 2026 the best value apartment in the Parma area is the $0.92 price per square foot 3 Bedroon Model at Grand River Ridge in the in the Jackson County neighborhood starting from $1,100. The second greatest value Parma apartment is the Gala Model at Alpine Lake Apartments starting at $1,225 with a $1.02 price per square foot in the Jackson County neighborhood. Here is today’s list of the best values for Parma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grand River Ridge3 Bedroon3BR,1BA$0.92
Alpine Lake ApartmentsGala2BR,1.5BA$1.02
Oak Meadows4 Bedroom House4BR,1.5BA$1.17
Island City Apartments2 Beds, 2 baths2BR,2BA$0.62
Carriage House (Albion 64 LLC)Two Bed | One Bath | First Month's Rent FREE!2BR,1BA$0.98
Riverside (Albion 64 LLC)Albion Riverside House - Two Bedroom 2nd Floor ...2BR,1BA$1.00
McClellan EstatesOne Bedroom1BR,1BA$1.00
Ashton Ridge Apartments2x1 916-9922BR,1BA$0.97
Blossom Manor ApartmentsFully Furnished Unit2BR,1BA$1.05
Westbay Club ApartmentsTwo Bedroom Balcony2BR,1BA$1.14

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.

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Real 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.

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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.

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Best Local Schools in
Parma, MI

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Parma, MI Rentals by Map

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See the most popular apartments and homes in Parma, MI

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Frequently Asked Questions about Cheap Parma Apartments

How much is rent for a Cheap One Bedroom Parma Apartment?

The lowest price for a Cheap One Bedroom Parma Apartment is $749 at Grand River Ridge.

What is the lowest price for a Cheap Two Bedroom Parma Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Parma is starting from $616 at Island City Apartments.

What is the most affordable Parma Three Bedroom Apartment?

The best deal on a cheap Parma Three Bedroom Apartment rental is at Island City Apartments and starts from $645.

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

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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.

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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.

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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.

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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.