During his time with the team, he has scored four goals and provided five assists in 17 games across all competitions.
This has helped Aston Villa reach the Champions League quarter-finals.
However, Rashford is reportedly not interested in making a permanent move to the team.
Instead, he is said to be keen on joining Barcelona, a club he has always admired.
Rashford is willing to accept a lower salary to make this move happen.
Aston Villa's parent club, Manchester United, is asking for £40 million for Rashford's transfer.