Cheap Apartments for Rent in the Downtown Parma Neighborhood of Cleveland, OH from $700 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Parma area of Cleveland.

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Ridgewood Lofts
1 to 2 Bedroom Apartments

Ridgewood Lofts

6384-6402 Ridge RdCleveland, OH 44129
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The Gardens
1 to 2 Bedroom Apartments

The Gardens

8461-7903 Greenwood View DrCleveland, OH 44129
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6711 Dartworth Dr
2 Bedroom Apartments

6711 Dartworth Dr

6711 Dartworth DrCleveland, OH 44129
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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6007 Merkle Ave, Unit Lower
$1,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,399
Total Monthly Price
$1,399
3 Bedroom Apartment Available Now

6007 Merkle Ave, Unit Lower

6007 Merkle AveParma, OH 44129
Cost Per Sq.Ft.
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Parma Pointe
1 to 2 Bedroom Apartments

Parma Pointe

6032-6040 Ridge RdParma, OH 44129

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-44, Page 1 of 1

Downtown Parma, Cleveland, OH Local Guide

Cheapest Available Downtown Parma Apartments for Rent

 

The cheapest available apartment rental in the Downtown Parma area of Cleveland, OH is a 1 Bed unit found at Westview North Apartments priced from $750. Ranch Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $798. Here are the most affordable Downtown Parma apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Westview North ApartmentsC1BR,1BA$750
Ranch VillageOne Bedroom Suite - Second Floor1BR,1BA$798
Elayne ApartmentsBig 1BD1BR,1BA$800
Valley York Apartments1 Bedroom1BR,1BA$855
North Church Towers Apartments1BR.1BA.546SF1BR,1BA$860
Midtown TowersChestnut1BR,1BA$870
Pleasant Lake Apartments1 Bedroom 1 Bath1BR,1BA$875
Regency ApartmentsA1BR,1BA$880
Hummingbird Pointe & The GardensThe Gardens – 1 Bedrooms1BR,1BA$891
The Meadows Patio Apartments - HEAT INCLUDED!One Bedroom One Bath1BR,1BA$895

Best Value Apartments for Rent in Downtown Parma, OH

As of July 15, 2026 the best value apartment in the Downtown Parma area is the $0.84 price per square foot 3 Bedroom Suite Model at Lafayette Village in the in the Parma neighborhood starting from $1,090. The second greatest value Downtown Parma apartment is the 6007 Merkle Ave Model at 6007 Merkle Ave, Unit Lower starting at $1,399 with a $1.12 price per square foot in the Parma neighborhood. Here is today’s list of the best values for Downtown Parma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lafayette Village3 Bedroom Suite3BR,1.5BA$0.84
6007 Merkle Ave, Unit Lower6007 Merkle Ave3BR,1BA$1.12
Big Creek ApartmentsBA1 Garden2BR,1BA$1.28
TERRA – Parma HeightsTwo Bedroom2BR,1BA$1.45
Pleasant Lake Apartments2 Bedroom 1 Bath2BR,1BA$1.24
Valley York Apartments2 Bedroom2BR,1BA$1.25
Midtown TowersCedar2BR,1BA$1.44
Elayne ApartmentsBig 1BD1BR,1BA$1.22
The Meadows Patio Apartments - HEAT INCLUDED!One Bedroom One Bath1BR,1BA$1.38
Ranch VillageOne Bedroom Suite - First Floor1BR,1BA$1.31

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Downtown Parma, Cleveland, OH

Ranked #29

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Parma, Cleveland, OH

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Southwest Cleveland, OH. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Parma Apartments

How much is rent for a Cheap One Bedroom Downtown Parma Apartment?

The lowest price for a Cheap One Bedroom Downtown Parma Apartment is $750 at Westview North Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Parma Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Parma is starting from $870 at Elayne Apartments.

What is the most affordable Downtown Parma Three Bedroom Apartment?

The best deal on a cheap Downtown Parma Three Bedroom Apartment rental is at Lafayette Village and starts from $1,090.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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