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Average Rent in Parma, OH

7 apartment buildings, 40 units. Daily asking prices with rent history for every building.

Avg Rent

$1,422/mo

median $1,292

-1.5% vs last month

Cheapest

$840/mo

Independence Place Apartments: A 55 and Better Community

Properties

7

tracked daily

Units

40

available now

Parma, OH Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 7 properties in Parma, OH.

Timeframe

Average rent trend, last 2 months

All bedroom types, citywide. Choose a window above to scope the view.

$1,529
Average rent today
Average rent trend in Parma, OH $1,400$1,467$1,533$1,600 Jun 18Jul 2Jul 16Jul 30Aug 13

Full Parma, OH price history

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Parma, OH Rent Prices

All 7 properties ranked by lowest available rent.

Rent & Price History by Building

By Area

Parma, OH neighborhoods

Tracked buildings across 5 named neighborhoods. Pick one to see its apartments.

Compare neighborhood rents on the Parma, OH rent map

Parma, OH Average Rent Prices 2026

The average rent in Parma, OH is $1,422 per month, based on 40 units across 7 apartment communities. Prices range from $840 at Independence Place Apartments: A 55 and Better Community to $2,515 at The Villas at Maplewood.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $840/mo $840/mo 1
1 Bed $1,210/mo $918/mo 16
2 Bed $1,552/mo $1,066/mo 22
3 Bed $2,515/mo $2,515/mo 1

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

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Market Context

Who rents in Parma, OH, and what they pay

Tracked one-bedroom rent in Parma, OH averages $1,210/mo, with two-bedroom units averaging $1,552/mo. At the local median household income of $67,425, that works out to 25% of gross income, well within the 25 percent comfortable-rent threshold.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Parma, OH at $1,053/mo. The current tracked market average runs 35% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Parma, OH while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Parma, OH?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$57,000/year

Based on the 30 percent rule, using our tracked average rent of $1,422/mo.

Comfortable income

$68,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($840/mo), you need to earn at least $34,000/year.

Median household income in Parma, OH is $67,425 , about 1% below the comfortable-living threshold.

Cost of living in Parma, OH

Overall prices in Parma, OH runs below the national average by about 7% (BEA Regional Price Parity index 92.9, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Parma, OH's regional price parities.

Category Monthly estimate
Rent (market average) $1,422
Utilities $336
Groceries $508
Transportation $802
Healthcare $391
Other goods and services $626
Estimated total $4,086/mo

Population

80,131

Median household income

$67,425

Census median rent

$1,053/mo

Rent as % of income

26.9%

Median age

43.2

Mean commute

24 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in Ohio

How Parma, OH rent compares to other markets in the state.

City Avg Rent vs Parma, OH 30-Day Change Properties
Cincinnati, OH $2,051 +44% +0.4% 21
Columbus, OH $1,712 +20% -45.4% 18
Cleveland, OH $1,714 +21% -4.3% 11
Dayton, OH $1,157 -19% -13.7% 8
Springfield, OH $1,185 -17% +0.6% 8
Canton, OH $2,697 +90% +14.1% 6

Frequently asked questions

What is the average rent in Parma, OH?

The average rent in Parma, OH is $1,422 per month, based on 40 units across 7 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the median rent in Parma, OH?

The median asking rent in Parma, OH is $1,292 per month, computed from 40 live listed units and refreshed daily. The average is $1,422/mo; the median resists skew from luxury listings.

What is the cheapest apartment rent in Parma, OH?

The lowest available rent in Parma, OH starts at $840 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Parma, OH?

1-bedroom apartments in Parma, OH average $1,210/mo. The lowest listed 1-bedroom starts at $918/mo across 16 units tracked.

How much is a 2-bedroom apartment in Parma, OH?

2-bedroom apartments in Parma, OH average $1,552/mo. Units start from $1,066/mo across 22 units currently listed.

Rent Trends in Parma, OH

Track how apartment prices are changing over time.

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