What is the median rent in Parchment, MI?

The median gross rent in Parchment, MI is $1,045 (±$93) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 381 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Parchment, the median gross rent went from $754 in 2015–2019 to $1,045 in 2020–2024 (+38.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$1,045 (±$93)
Rented homes
381 (±145)
$2,000 or more
0.0%
Since 2015–2019
+38.6%

How much rent costs in Parchment

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentParchmentKalamazoo CountyMichiganUnited States
Less than $5003.4% (±5.1 points)7.7%8.3%6.3%
$500 to $99937.5% (±20.6 points)33.3%30.1%20.2%
$1,000 to $1,49951.2% (±22.8 points)38.4%38.4%28.1%
$1,500 to $1,9997.9% (±8.0 points)13.7%15.1%21.1%
$2,000 to $2,4990.0% (±7.6 points)4.5%5.0%12.0%
$2,500 to $2,9990.0% (±7.6 points)0.8%1.4%5.5%
$3,000 or more0.0% (±7.6 points)1.6%1.7%6.8%

The most common range is $1,000 to $1,499, paid by 51.2% of renting households.

0.0% of rented homes in Parchment cost $2,000 or more a month.

Parchment against Kalamazoo County, its state and the nation

Estimate (90% margin of error)
ParchmentKalamazoo CountyMichiganUnited States
Median gross rent$1,045 (±$93)$1,093 (±$21)$1,129 (±$4)$1,413
Rented homes paying rent381 (±145)36,819 (±1,104)1,032,697 (±7,764)42,849,984

In Parchment, median gross rent is not measurably different from Kalamazoo County ($1,093).

It is not measurably different from Michigan ($1,129).

It is lower than the national figure ($1,413).

In Kalamazoo County, Parchment ranks 13 of 17 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 504 of 1,305.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Parchment has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$754 (±$81)$1,045 (±$93)+38.6%No measurable change after inflation
Households that rent39.7% (±4.7 points)42.0% (±11.7 points)+2.3 percentage pointsNot a measurable change
Rental vacancy rate5.1% (±5.4 points)3.3% (±4.9 points)−1.8 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Parchment

Nearest places with a published estimate, compared with Parchment
PlaceDistanceMedian gross rentCompared with this place
Parchment—$1,045 (±$93)—
Eastwood2.0 mi$1,065 (±$71)Not measurably different
Comstock Northwest2.5 mi$1,080 (±$79)Not measurably different
Kalamazoo Charter Township2.9 mi$1,100 (±$56)Not measurably different
Westwood3.7 mi$1,233 (±$159)Higher
Cooper Charter Township3.7 mi$1,281 (±$84)Higher
Kalamazoo3.8 mi$1,078 (±$44)Not measurably different
Comstock Charter Township5.6 mi$1,061 (±$77)Not measurably different
Richland Township (Kalamazoo County)5.7 mi$1,109 (±$139)Not measurably different

Nearby places with a measurably higher figure: Westwood, MI ($1,233), Cooper Charter Township, MI ($1,281).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Kalamazoo County, place by place

RankPlaceMedian gross rent
7Richland Township (Kalamazoo County)$1,109 (±$139)
8Kalamazoo Charter Township$1,100 (±$56)
9Kalamazoo$1,078 (±$44)
10Schoolcraft Township (Kalamazoo County)$1,071 (±$131)
11Oshtemo Charter Township$1,064 (±$64)
12Comstock Charter Township$1,061 (±$77)
13Parchment$1,045 (±$93)
14Galesburg$903 (±$125)
15Climax Township$854 (±$77)
16Brady Township (Kalamazoo County)$844 (±$166)
17Ross Township$588 (±$466)

Showing 11 of 17 places in Kalamazoo County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Parchment

What is the average rent in Parchment, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Parchment is $1,045 (±$93) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Parchment?

In Parchment, the median gross rent went from $754 in 2015–2019 to $1,045 in 2020–2024 (+38.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Parchment cost more than $2,000 a month?

0.0% of rented homes in Parchment have a gross rent of $2,000 or more a month, and 3.4% cost less than $500.

Is rent in Parchment higher than in Kalamazoo County?

In Parchment, median gross rent is not measurably different from Kalamazoo County ($1,093).

It is not measurably different from Michigan ($1,129).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Parchment city, Michigan (place:62340, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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