Market Summary

Parchment, Kalamazoo County, MI

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Median Home Price Price

$194,190 $194.2K

Median Monthly Rent Rent

$1,249 $1.2K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Kalamazoo County

Region Price Rent GRM Display
$223,873 $1,342 14.0x
$243,316 $1,233 16.0x
$240,447 $1,411 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Kalamazoo County

Region Price Rent GRM Display
$193,979 $1,304 12.0x
$295,625 $1,837 13.0x
$283,741 $1,583 15.0x
$342,820 $1,259 23.0x
$234,211 $2,034 10.0x
$268,939 $1,390 16.0x
$272,311 $1,512 15.0x

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
$291,928 $1,216 20.0x
$242,473 $1,193 17.0x
$223,722 $1,336 14.0x
$267,371 $1,234 18.0x
$224,835 $1,283 15.0x
$359,907 $1,923 16.0x
$168,580 $1,002 14.0x
$227,641 $1,260 15.0x
$355,363 $2,075 14.0x
$317,643 $1,210 22.0x
$212,350 $1,057 17.0x
$224,398 $1,280 15.0x
$209,802 $1,315 13.0x
$262,255 $1,285 17.0x
$198,091 $1,158 14.0x
$341,192 $1,564 18.0x
$234,581 $1,391 14.0x
$284,983 $1,290 18.0x
$243,478 $1,255 16.0x
$406,213 $1,304 26.0x
$187,578 $1,056 15.0x
$187,764 $1,346 12.0x
$216,351 $1,209 15.0x
$282,091 $1,291 18.0x
$295,045 $1,264 19.0x
$215,306 $1,291 14.0x
$415,928 $1,257 28.0x
$431,801 $1,286 28.0x
$228,428 $1,289 15.0x
$406,412 $2,038 17.0x
$417,503 $2,298 15.0x

Home prices

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Monthly rent

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GRM

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Parchment

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Trend Insights

Median Rent in Parchment, MI is $1,249, with MoM change +$12 and YoY change +$94 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

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

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Metric
Base market Parchment, MI
Compare market Select a market
Delta vs base
Median rent
$1,249
N/A
Median price
$194,190
N/A
YoY change
+$94
N/A
Price-to-rent
13.0x
Data unavailable
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