Housing & Real Estate — Parma, Michigan

Overview

Total Housing Units277
Occupied242
Vacant35
Owner-Occupied188
Renter-Occupied54
Median Home Value (Census)$158,500
Estimated 2026~$195,000
Median Rent$1,050/mo
Median Property Tax$1,823/yr

Affordability

Home Price to Income RatioN/Ax
Home AffordabilityN/A
Rent as % of IncomeN/A%
Severely Rent-Burdened26.0%

Housing Age

Built 2010 or later4
Built 2000-200916
Built 1990-199911
Built before 1960161
Median Year Built1951
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.