Cheap Apartments for Rent in Parma, MI from $600 (34 Rentals)

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

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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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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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.

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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
  • Utilities Included
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Garfield Apartments
1 to 2 Bedroom Apartments

Garfield Apartments

216 E Everett StHomer, MI 49245
Corporate Housing
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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
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Blackstone
1 to 3 Bedroom Apartments

The Blackstone

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

Meade Apartments

901 E Michigan AveMarshall, MI 49068
Corporate Housing
  • Utilities Included
Showing Results 1-34, Page 1 of 1

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 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
Riverside (Albion 64 LLC)Riverside Apartments - StudioStudio,1BA$750
Seniors of Maple RidgeOne Bedroom1BR,1BA$780
Ashton Ridge Apartments1X1 719- 7921BR,1BA$810
Oak MeadowsOne Bedroom1BR,1BA$815
Alpine Lake ApartmentsJunoStudio,1BA$870
Village Green Apartments200 West Drive N1BR,1BA$875
Blossom Manor ApartmentsGray Cool colors2BR,1BA$875
Carriage House (Albion 64 LLC)Carriage House Apartments - One Bedroom - Heat ...1BR,1BA$875

Best Value Apartments for Rent in Parma, MI and Nearby

As of May 03, 2026 the best value apartment in the Parma area is the $0.89 price per square foot Park Crest Apartments - Two Bedroom, One & Half... Model at Park Crest Apartments in the starting from $1,152. The second greatest value Parma apartment is the 3 Bedroon Model at Grand River Ridge starting at $1,100 with a $0.92 price per square foot . 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.
Park Crest ApartmentsPark Crest Apartments - Two Bedroom, One & Half...2BR,1.5BA$0.89
Grand River Ridge3 Bedroon3BR,1BA$0.92
Hallet Crossing2 Bedroom Unit2BR,1BA$1.05
Cherry Grove Apartments (Cherry Grove 44 LLC)Cherry Grove Apartments - Two Bedroom Standard2BR,1BA$1.05
Island City Apartments2 Beds, 2 baths2BR,2BA$0.62
Riverside (Albion 64 LLC)Albion Riverside Apartments - Two Bedroom - Hea...2BR,1BA$0.98
Blossom Manor ApartmentsFully Furnished Unit2BR,1BA$1.05
Carriage House (Albion 64 LLC)Carriage House Apartments - One Bedroom - Heat ...1BR,1BA$1.06
Ashton Ridge Apartments1X1 719- 7921BR,1BA$1.02
Renaissance Apartments (A to Z Properties LLC)Renaissance Apartments - Two Bedroom Renovated ...2BR,1BA$1.15

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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Parma, MI

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Parma Apartments

What is the Cheapest Studio apartment in Parma?

Currently the most affordable Cheap Studio Apartment in Parma is at Riverside (Albion 64 LLC) listed at $750.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.