
Cheap Apartments for Rent in the Downtown Parma Neighborhood of Cleveland, OH from $600 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Parma area of Cleveland.


Broadview Place

West Creek Apartments

TERRA - State Road

Ridgewood Lofts

The Gardens

6711 Dartworth Dr

Regency Apartments

Westview Acres Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

Westview North Apartments

Parma Park East & West - Seniors 55+

Ranch Village

Independence Place Apartments: A 55 and Better Community

Valley York Apartments

Midtown Towers

Pleasant Lake Apartments

North Church Towers Apartments

6156 Kelsey Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

The Meadows Patio Apartments - HEAT INCLUDED!

Lafayette Village

Manor House Apartments

Forest Ridge Apartments

Hummingbird Pointe & The Gardens

Mayberry Ranch Apartments

Churchill Towers

Mystic Creek Apartments

Reserves at 1150 / Parma
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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.

Valley Forge Villas

Ridgewood House

Kimberly Park Apartments

Camelot Apartments

7310 Whittington Dr

6900 Lofts

Ridgewood Park Apartments

Yorktown Towers

5220 W 52nd St
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.

TERRA – Parma Heights

Total Monthly Price
8221 Pelham Dr, Unit Lower

Woodbury Commons

7404 Spring Garden Rd

7903 Ackley Rd

Parma Village Senior Apartments

9474 Roxbury Rd

The Villas at Maplewood

Parma Pointe
Cleveland Rocks: Your Essential Guide to the Land's Neighborhoods and Culture
Discover the best areas for renters in Cleveland, from vibrant Ohio City and University Circle to suburban Lakewood and Shaker Heights. Get to know The Land.

Chesterfield Terrace

6099 Ridge Rd

5418 Charles Ave

6924 Day Dr
Downtown Parma, Cleveland, OH Local Guide

How much does it cost to rent an apartment in Downtown Parma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Parma Studio Apartments | $1,093 | $650 | $2,249 |
| Downtown Parma 1 Bedroom Apartments | $1,034 | $765 | $1,790 |
| Downtown Parma 2 Bedroom Apartments | $1,308 | $825 | $2,415 |
| Downtown Parma 3 Bedroom Apartments | $1,938 | $1,090 | $6,022 |
| Downtown Parma 4 Bedroom Apartments | $5,047 | $3,975 | $6,120 |
Browse Apartments in this Neighborhood
There are currently 49 rentals with your search options within a 2 mile radius of the Downtown Parma Neighborhood of Cleveland, OH.
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Downtown Parma, Cleveland, OH Local Guide
- Nearby Cleveland neighborhoods
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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 Acres Apartments priced from $750. Westview North Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Downtown Parma apartments for rent in Cleveland, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westview Acres Apartments | C | 1BR,1BA | $750 |
| Westview North Apartments | C | 1BR,1BA | $750 |
| Ranch Village | One Bedroom Suite - Second Floor | 1BR,1BA | $798 |
| Elayne Apartments | Big 1BD | 1BR,1BA | $800 |
| Parma Park East & West - Seniors 55+ | 1 Bedroom Traditional | 1BR,1BA | $870 |
| Pleasant Lake Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $875 |
| The Meadows Patio Apartments - HEAT INCLUDED! | One Bedroom One Bath | 1BR,1BA | $895 |
| Lafayette Village | 2 Bedroom Suite | 2BR,1BA | $895 |
| North Church Towers Apartments | 1BR.1BA.590SF | 1BR,1BA | $905 |
| Independence Place Apartments: A 55 and Better Community | 1 Bedroom, 1 Bath | 1BR,1BA | $915 |
Best Value Apartments for Rent in Downtown Parma, OH
As of May 28, 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 Downtown Parma neighborhood starting from $1,090. The second greatest value Downtown Parma apartment is the 8221 Pelham Dr Model at 8221 Pelham Dr, Unit Lower starting at $1,400 with a $1.15 price per square foot in the Downtown Parma neighborhood. Here is today’s list of the best values for Downtown Parma apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lafayette Village | 3 Bedroom Suite | 3BR,1.5BA | $0.84 |
| 8221 Pelham Dr, Unit Lower | 8221 Pelham Dr | 2BR,1BA | $1.15 |
| Pleasant Lake Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.24 |
| Reserves at 1150 / Parma | 2 Bedroom 1 Bath Garden | 2BR,1BA | $1.35 |
| Manor House Apartments | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.34 |
| Valley York Apartments | 2 Bedroom | 2BR,1BA | $1.23 |
| Elayne Apartments | Big 1BD | 1BR,1BA | $1.22 |
| The Meadows Patio Apartments - HEAT INCLUDED! | One Bedroom One Bath | 1BR,1BA | $1.38 |
| Ranch Village | One Bedroom Suite - First Floor | 1BR,1BA | $1.31 |
| Parma Park East & West - Seniors 55+ | 1 Bedroom Traditional | 1BR,1BA | $1.40 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Parma, Cleveland, OH
Ranked #28
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 Acres 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 $825 at Westview Acres 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.
Helpful Local Expert Guides

A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Sandy Baker
Choosing the ideal place to call home in Cleveland may mean selecting a neighborhood that offers excellent access to the freeways or good overall schools for the kids.

Experts Guide to The Top Neighborhoods to Rent Near Major Colleges and Universities in Cleveland
Written by: Sandy Baker
Whether you're moving to Cleveland to be close to one of the research hubs several of the local universities are known for or you just want to be part of it all in "The Land" knowing where to rent apartments close to the biggest .

Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland
Written by: Sandy Baker
If you’re moving to start a new job, knowing where to live can be overwhelming. Factors like being close to work are important, but so are schools, quality of life, and easy access to transportation.

Cleveland Rocks: Your Essential Guide to the Lands Neighborhoods and Culture
Written by: Sandy Baker
Cleveland is the type of city to fall in love with, even if it doesn’t look all that fabulous from the outside.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.