Market Summary

Parma, Jackson County, MI

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Median Home Price Price

$235,553 $235.6K

Median Monthly Rent Rent

$1,258 $1.3K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Jackson County

Region Price Rent GRM Display
$300,174 $1,552 16.0x
$223,658 $1,230 15.0x
$192,806 $1,602 10.0x
$272,810 $1,468 15.0x
$227,796 $925 20.0x
$281,559 $1,314 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Jackson County

Region Price Rent GRM Display
$226,945 $1,268 15.0x
$229,425 $1,246 15.0x
$328,598 $1,218 22.0x
$270,655 $1,296 17.0x
$431,825 $2,482 14.0x
$229,620 $1,667 11.0x
$283,741 $1,583 15.0x
$240,591 $1,534 13.0x
$302,111 $1,542 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
$184,475 $947 16.0x
$248,067 $1,263 16.0x
$185,671 $1,061 15.0x
$191,524 $1,124 14.0x
$371,244 $1,302 24.0x
$178,895 $1,223 12.0x
$255,731 $1,354 16.0x
$367,989 $1,298 24.0x
$202,452 $1,451 12.0x
$259,420 $854 25.0x
$250,659 $1,227 17.0x
$213,393 $1,653 11.0x
$296,655 $1,306 19.0x
$180,368 $1,021 15.0x
$267,886 $1,317 17.0x
$239,189 $1,573 13.0x
$154,956 $726 18.0x
$315,093 $1,179 22.0x
$169,474 $1,364 10.0x
$255,393 $941 23.0x
$231,025 $1,206 16.0x
$330,037 $1,209 23.0x
$312,506 $1,330 20.0x
$149,821 $1,016 12.0x
$328,078 $1,844 15.0x
$244,646 $1,200 17.0x
$179,792 $1,187 13.0x
$169,326 $1,212 12.0x
$233,494 $1,536 13.0x
$292,825 $1,823 13.0x
$514,770 $1,271 34.0x
$160,628 $1,246 11.0x
$261,015 $1,858 12.0x
$192,325 $1,133 14.0x
$369,173 $1,277 24.0x
$334,248 $2,001 14.0x

Home prices

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Monthly rent

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GRM

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Parma

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Trend Insights

Median Rent in Parma, MI is $1,258, with MoM change +$13 and YoY change +$98 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Parma, MI.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Parma, MI
Compare market Select a market
Delta vs base
Median rent
$1,258
N/A
Median price
$235,553
N/A
YoY change
+$98
N/A
Price-to-rent
15.6x
Data unavailable
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