
Cheap Homes for Rent in Parma, MI from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Parma.


406 W Morrell St

701 Steward Ave

511 Wildwood Ct
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.

612 Steward Ave

206 E Chestnut St

2609 Maplewood Ave

248 Bay Port Cir
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.

718 Peachtree Pl
Parma, MI Local Guide

How much does it cost to rent a home in Parma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parma 2 Bedroom Homes for Rent | $1,234 | $975 | $1,500 |
Parma 3 Bedroom Homes for Rent | $1,623 | $975 | $2,650 |
Parma 4 Bedroom Homes for Rent | $2,050 | $1,200 | $3,000 |
Parma 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Parma
Explore Parma
Parma, MI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Island City Apartments | 2 Beds, 2 baths | 2BR,2BA | $616 |
Grand River Ridge | 1 Bedroom | 1BR,1BA | $749 |
Riverside Apartments | One Bedroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in Parma, MI and Nearby
As of September 08, 2025 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 starting from $1,100. The second greatest value Parma apartment is the 3 Bedroom Townhome Model at Oak Meadows starting at $1,100 with a $0.98 price per square foot in the Marshall Albion neighborhood. Here is today’s list of the best values for Parma apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Grand River Ridge | 3 Bedroon | 3BR,1BA | $0.92 |
Oak Meadows | 3 Bedroom Townhome | 3BR,1.5BA | $0.98 |
Hallet Crossing | 3 Bedroom Unit | 3BR,1.5BA | $0.69 |
Island City Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.62 |
Carriage House Apartment | Two Bedroom | 2BR,1BA | $0.98 |
Riverside Apartments | House - Two Bed - 2nd Floor | 2BR,1BA | $1.10 |
McClellan Estates | One Bedroom | 1BR,1BA | $1.14 |
Ashton Ridge Apartments | 2x1 916-992 | 2BR,1BA | $0.95 |
Renaissance Apartments | Two Bedroom | 2BR,1BA | $0.93 |
Blossom Manor Apartments | Fully Furnished Unit | 2BR,1BA | $1.05 |
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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!
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See the most popular apartments and homes in Parma, MI
Frequently Asked Questions about Parma
What type of rentals are currently available in Parma?
There are currently 50 Apartments for Rent in Parma, MI with pricing that ranges from $353 to $1,915. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parma ranging from $700 to $3,000.
What is the current price range for Rental Homes in Parma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parma ranges from $700 to $3,000 with an average monthly rent of $1,578.
How much are larger Three and Four Bedroom Rentals in Parma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parma range from $470 to $1,655, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,400.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.