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  2. Parma, OH
Updated

Average Rent in Parma, OH

7 apartment buildings, 13 units. Real asking prices, refreshed daily.

Avg Rent

$1,550/mo

Cheapest

$1,404/mo

Properties

7

Units

13

Analysis

Rent Price Breakdown

Compare pricing across all 7 properties in Parma, OH.

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.

Explore Each Property

Parma, OH Average Rent Prices 2026

The average rent in Parma, OH is $1,550 per month, based on 13 units across 7 apartment communities. Prices range from $1,404 at Woodbury Commons to $1,514 at Terraces at Northridge.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
1 Bed $1,404/mo $1,404/mo 1
2 Bed $1,577/mo $1,509/mo 11
3 Bed $1,404/mo $1,404/mo 1

Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Market Context

Who rents in Parma, OH, and what they pay

Tracked one-bedroom rent in Parma, OH averages $1,404/mo, with two-bedroom units averaging $1,577/mo. At the local median household income of $67,425, that works out to 28% of gross income, near the 30 percent affordability ceiling.

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 47% 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

$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.

Median household income in Parma, OH is $67,425 , about 9% 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) $1,550
Utilities $336
Groceries $508
Transportation $802
Healthcare $391
Other goods and services $626
Estimated total $4,214/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.

Compare

Nearby cities in Ohio

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

City Avg Rent vs Parma, OH Properties
Cincinnati, OH $2,113 +36% 11
Columbus, OH $1,596 +3% 8
Hamilton, OH $1,412 -9% 7
Cleveland, OH $1,813 +17% 7
Dayton, OH $1,081 -30% 6
Springfield, OH $1,331 -14% 5

Frequently asked questions

What is the average rent in Parma, OH?

The average rent in Parma, OH is $1,550 per month, based on 13 units across 7 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.

What is the cheapest apartment rent in Parma, OH?

The lowest available rent in Parma, OH starts at $1,404 per month. Availability changes daily as leasing data is refreshed each morning.

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

1-bedroom apartments in Parma, OH average $1,404/mo. The lowest listed 1-bedroom starts at $1,404/mo across 1 units tracked.

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

2-bedroom apartments in Parma, OH average $1,577/mo. Units start from $1,509/mo across 11 units currently listed.

Rent Trends in Parma, OH

Track how apartment prices are changing over time.

View Rent Trends
Adding new buildings daily

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