Rentometer, Inc. | Data as of 10/22/2025
Parma’s rental market reflects a blend of suburban comfort and easy access to Cleveland’s urban amenities, making it a popular choice for professionals, families, and students alike. The city offers a variety of housing options, from compact studio apartments perfect for first‑time renters to expansive four‑plus‑bedroom homes that accommodate larger families. Residents enjoy well‑maintained neighborhoods such as Polish Village, Ridgeview, and the historic downtown area, where tree‑lined streets and community parks create a welcoming atmosphere. Proximity to major thoroughfares like I‑71 and I‑90 ensures convenient commutes, while local attractions—including Parma Community Park, West Creek Plaza, and the vibrant Parma Town Hall district—provide plenty of recreational and cultural opportunities.
Rental price points in Parma are broadly competitive within the region. Studio apartments typically fall in the $800 range, while one‑bedroom units hover around the $900‑$1,000 bracket. Two‑bedroom apartments often range from $1,100 to $1,200, and three‑bedroom apartments approach the $1,300‑$1,400 level. For those seeking more space, two‑bedroom houses start near the $1,300 mark, and three‑bedroom homes commonly sit around $1,750. Larger family homes with four or more bedrooms are generally available in the $1,900‑$2,000 range, offering ample room for growing households.
Beyond price, Parma’s rental landscape is supported by strong local schools, a variety of shopping centers, and an active community calendar that includes farmers’ markets, outdoor concerts, and seasonal festivals. Whether you’re looking for a stylish apartment steps from downtown amenities or a spacious house in a quiet cul‑de‑sac, Parma’s diverse rental inventory and friendly neighborhoods make it an appealing destination for renters across Ohio.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $823 | $760 | $745 - $965 | $745 - $965 |
| Apartment | 1 Bedroom | $1,006 | $895 | $639 - $2,858 | $795 - $1,110 |
| Apartment | 2 Bedroom | $1,181 | $1,140 | $785 - $1,685 | $1,035 - $1,400 |
| Apartment | 3 Bedroom | $1,357 | $1,405 | $930 - $1,560 | $1,350 - $1,549 |
| House | 2 Bedroom | $1,366 | $1,400 | $900 - $1,840 | $1,150 - $1,650 |
| House | 3 Bedroom | $1,755 | $1,750 | $1,150 - $2,500 | $1,595 - $1,850 |
| House | 4+ Bedroom | $1,966 | $1,862 | $1,500 - $2,950 | $1,695 - $2,195 |
In the current period, the average rent in Parma was $823 for Studio, $1,027 for 1 Bedroom, $1,214 for 2 Bedroom, $1,719 for 3 Bedroom, and $1,954 for 4+ Bedroom.
Data provided by Rentometer, Inc.