5080 Whispering Oaks Blvd
ParmaOH44134
Cheap Homes for Rent in the Downtown Parma Neighborhood of Cleveland, OH from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Parma area of Cleveland.
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$1,803Studio Apartments Available Now
Furnished Studio-Cleveland - Brooklyn
10300 Cascade CrossingBrooklyn, OH 44144
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.
6894 Lalemant Dr
ParmaOH44129
5876 Wickfield Dr
Parma HeightsOH44130
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.
8514 Deerfield Dr
ParmaOH44129
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Downtown Parma, Cleveland, OH Local Guide
How much does it cost to rent a home in Downtown Parma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Parma 3 Bedroom Homes for Rent | $2,023 | $1,699 | $2,295 |
| Downtown Parma 5 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westview North Apartments | C | 1BR,1BA | $750 |
| Ranch Village | One Bedroom Suite - Second Floor | 1BR,1BA | $798 |
| Elayne Apartments | Big 1BD | 1BR,1BA | $800 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lafayette Village | 3 Bedroom Suite | 3BR,1.5BA | $0.84 |
| 6007 Merkle Ave, Unit Lower | 6007 Merkle Ave | 3BR,1BA | $1.12 |
| Big Creek Apartments | BA1 Garden | 2BR,1BA | $1.28 |
| TERRA – Parma Heights | Two Bedroom | 2BR,1BA | $1.45 |
| Pleasant Lake Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.24 |
| Valley York Apartments | 2 Bedroom | 2BR,1BA | $1.25 |
| Midtown Towers | Cedar | 2BR,1BA | $1.44 |
| 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 |
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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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.
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Pet Friendly LifestyleDowntown Parma, Cleveland, OH
Ranked #29
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
Frequently Asked Questions about Downtown Parma
What type of rentals are currently available in Downtown Parma?
There are currently 58 Apartments for Rent in Downtown Parma, OH with pricing that ranges from $745 to $4,452. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Parma ranging from $1,699 to $2,295.
What is the current price range for Rental Homes in Downtown Parma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Parma ranges from $1,699 to $2,295 with an average monthly rent of $1,961.
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.
Expert's 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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.