5607 Allanwood Dr
ClevelandOH44129
Cheap Homes for Rent in Downtown Parma Neighborhood of Cleveland, OH from $1,500 (4 Rentals)
Cheap Homes in the Downtown Parma area of Cleveland.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
5006 Albertly Ave
ParmaOH44134
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6531 Kenbridge Rd
Parma HeightsOH44130
Downtown Parma - One of the Best Affordable Neighborhoods in Cleveland
Named as one of the Best Affordable Neighborhoods to rent in Cleveland by our Cleveland, OH Local Expert Sandy Baker. See how it ranks!
7611 Ivandale Dr
ParmaOH44129
Cleveland's Best Affordable Neighborhoods
Learn about Cleveland and the best places to live with original content written by our Cleveland, OH Local Expert Sandy Baker
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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 | $1,974 | $1,525 | $2,349 |
| Downtown Parma 4 Bedroom Homes for Rent | $1,725 | $1,650 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Downtown Parma, OH
As of May 07, 2025 the best value apartment in the Downtown Parma area is the $1.45 price per square foot 2TH Model at Big Creek Apartments and Townhouses in the in the Downtown Parma neighborhood starting from $1,740. The second greatest value Downtown Parma apartment is the Two Bedroom Two Bath Model at Foxmoor Apartments starting at $1,400 with a $1.22 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. |
|---|---|---|---|
| Big Creek Apartments and Townhouses | 2TH | 2BR,1.5BA | $1.45 |
| Foxmoor Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.22 |
| TERRA – Parma Heights | Two Bedroom | 2BR,1BA | $1.42 |
| Kimberly Park Apartments | One Bedroom Deluxe | 1BR,1BA | $1.42 |
| Churchill Towers | Chelsea-Call for availabilty | 1BR,1BA | $1.44 |
| Independence Place Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1.36 |
| 6900 Lofts | One Bedroom One Bath | 1BR,1BA | $1.78 |
| Hummingbird Pointe & The Gardens | Hummingbird - 1 Bedrooms | 1BR,1BA | $1.62 |
| Midtown Towers | Birch | 1BR,1BA | $1.51 |
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Frequently Asked Questions about Downtown Parma
What type of rentals are currently available in Downtown Parma?
There are currently 37 Apartments for Rent in Downtown Parma, OH with pricing that ranges from $746 to $8,440. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Parma ranging from $1,525 to $2,349.
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 $1,525 to $2,349 with an average monthly rent of $1,849.
How much are larger Three and Four Bedroom Rentals in Downtown Parma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Parma range from $980 to $2,440, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $2,349. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $8,440.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
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