
Cheap Apartments for Rent in the Downtown Parma Neighborhood of Cleveland, OH from $700 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Parma area of Cleveland.


Broadview Place

West Creek Apartments

6151 Wareham Dr

Ridgewood Lofts

The Gardens

Regency Apartments
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.

Westview Acres Apartments

Westview North Apartments

Parma Park East & West - Seniors 55+

Independence Place Apartments: A 55 and Better Community

Ranch Village

Valley York Apartments

Lafayette Village
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.

Midtown Towers

6511 Pearl Rd

North Church Towers Apartments

Pleasant Valley Apartments

The Meadows Patio Apartments - HEAT INCLUDED!

Forest Ridge Apartments

Mayberry Ranch Apartments
Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland
Find the top neighborhoods and best apartments for rent near major employers like The Cleveland Clinic, KeyBank, and Progressive Insurance.

Manor House Apartments

Pleasant Lake Apartments

6125 Ridge Rd.

Churchill Towers

Reserves at 1150 / Parma

Valley Forge Villas

Ridgewood House
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Hummingbird Pointe & The Gardens

6900 Lofts

Parma Pointe
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 | $1,135 | $745 | $1,855 |
| Downtown Parma 1 Bedroom Apartments | $1,025 | $750 | $1,850 |
| Downtown Parma 2 Bedroom Apartments | $1,337 | $825 | $2,570 |
| Downtown Parma 3 Bedroom Apartments | $1,710 | $1,035 | $2,515 |
| Downtown Parma 4 Bedroom Apartments | $4,505 | $4,505 | $4,505 |
Browse Apartments in this Neighborhood
There are currently 31 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
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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 |
| Broadview Gardens Apartments | BG 1 BD Standard | 1BR,1BA | $805 |
| Midtown Towers | Birch | 1BR,1BA | $845 |
| Lafayette Village | 2 Bedroom Suite | 2BR,1BA | $845 |
| Independence Place Apartments: A 55 and Better Community | 1 Bedroom, 1 Bath | 1BR,1BA | $880 |
| The Meadows Patio Apartments - HEAT INCLUDED! | One Bedroom One Bath | 1BR,1BA | $895 |
| Pleasant Valley Apartments | 1 BD Standard | 1BR,1BA | $895 |
| Forest Ridge Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $899 |
| North Church Towers Apartments | 1BR.1BA.590SF | 1BR,1BA | $905 |
Best Value Apartments for Rent in Downtown Parma, OH
As of January 11, 2026 the best value apartment in the Downtown Parma area is the $0.80 price per square foot 3 Bedroom Suite Model at Lafayette Village in the in the Downtown Parma neighborhood starting from $1,035. The second greatest value Downtown Parma apartment is the F Model at Regency Apartments starting at $1,415 with a $1.26 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 | $0.80 |
| Regency Apartments | F | 3BR,1.5BA | $1.26 |
| TERRA - State Road | 1 Bed 1 Bath | 1BR,1BA | $1.43 |
| Mystic Creek Apartments | 2 Beds, 1.5 baths | 2BR,1.5BA | $1.37 |
| 6711 Dartworth Dr | 2 Bed | 2BR,1BA | $1.32 |
| Kimberly Park Apartments | One Bedroom Deluxe | 1BR,1BA | $1.44 |
| Valley York Apartments | 2 Bedroom | 2BR,1BA | $1.21 |
| The Meadows Patio Apartments - HEAT INCLUDED! | One Bedroom One Bath | 1BR,1BA | $1.38 |
| Manor House Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.44 |
| Independence Place Apartments: A 55 and Better Community | 1 Bedroom, 1 Bath | 1BR,1BA | $1.39 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
What is the Cheapest Studio apartment in Downtown Parma?
Currently the most affordable Cheap Studio Apartment in Downtown Parma is at Camelot Apartments listed at $1,150.
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 North 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 $1,035.
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.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!