Apartments for Rent in Parchment, MI

Prices and availability in Parchment, MI were last updated on 26 May 2026.

The best apartments in Parchment, MI are: Parchment Point Townhomes and Spring Valley Crossing.

The average rent in Parchment, MI is $1,280.

The price range for a 1-bedroom apartment in Parchment, MI is between $1,099 and $1,200.

The price range for a 2-bedroom apartment in Parchment, MI is between $1,099 and $1,200.

The price range for a 3-bedroom apartment in Parchment, MI is between $1,099 and $1,200.

In Parchment, 42% of the residents are renting compared to 58% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 3% of Parchment's rentals, 87% are small-scale complexes with under 50 units, and 9% are single-family rentals.

The average age of rental buildings in Parchment is 27 years old, with 78% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Parchment come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 29% of the total apartments in the city, while 2-bedroom floorplans represent around 49% of all rentals in Parchment. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.