Last updated
Average Rent in Parma OH & Rent Trends
Rent prices and market trends across 2 apartment communities in Parma OH. Updated daily.
Market Average
$1,550/mo
Lowest Available
$1,404/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
13
available now
Rent by Neighborhood in Parma OH
Compare average rent across Parma OH neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Old Brooklyn | $1,578 | $1,514 | 1 | 8 |
| Parma 44130 | $1,506 | $1,404 | 1 | 5 |
Is Rent Going Up or Down in Parma OH?
As of May 2026, the average rent in Parma OH is $1,550 per month across 2 apartment communities and 13 available units.
The most affordable option is Woodbury Commons starting at $1,404/mo. By unit type, a 1-bedroom averages $1,404/mo, a 2-bedroom averages $1,577/mo, a 3-bedroom averages $1,404/mo.
Prices range from $1,404 to $1,654 per month. The most common price point is the $1,400 range, where 10 units are currently listed.
Parma OH Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Parma OH
Rent Prices by Apartment in Parma OH
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Woodbury Commons | $1,404/mo | $1,506/mo | 5 | 4.2 |
| Terraces at Northridge | $1,514/mo | $1,578/mo | 8 | 4.5 |
Google Search Trends for Parma OH Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Parma OH
What is the average rent in Parma OH?
Is rent going up or down in Parma OH?
What is the cheapest apartment in Parma OH?
How much is a 1-bedroom apartment in Parma OH?
How many apartments are available in Parma OH?
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
$62,000/year
30 percent rule -- using our average rent of $1,550/mo.
Comfortable income
$74,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,404/mo), you need to earn at least $56,000/year.
Cost of living in Parma OH
We only have live rent data for Parma OH so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,550 |
| Estimated total | $1,550/mo |
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 are refreshed annually.
Explore Parma OH Apartments
Browse all 2 communities with daily-updated pricing and availability.