
Cheap Homes for Rent in Downtown Parma Neighborhood of Cleveland, OH from $1,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Parma area of Cleveland.

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.

4514 Redfern 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.

5803 Laurent Dr
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 | $1,840 | $1,580 | $2,100 |
Downtown Parma 4 Bedroom Homes for Rent | $2,100 | $1,950 | $2,250 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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 October 16, 2025 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 BA1 Garden Model at Big Creek Apartments starting at $1,565 with a $1.32 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 |
Big Creek Apartments | BA1 Garden | 2BR,1BA | $1.32 |
Parma / Reserves at 1150 | 2 Bed 2.5 Bath Town Home | 2BR,2.5BA | $1.42 |
7717 Kenton Ave, Unit Up | 7717 Kenton Ave | 2BR,1BA | $1.30 |
Yorktown Towers | One Bedroom One Bath Deluxe | 1BR,1BA | $1.22 |
State Rd Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.43 |
Valley York Apartments | 2 Bedroom | 2BR,1BA | $1.21 |
Hummingbird Pointe & The Gardens | Hummingbird 2 Bedrooms | 2BR,1BA | $1.40 |
The Meadows Patio Apartments - HEAT INCLUDED! | One Bedroom One Bath | 1BR,1BA | $1.38 |
Independence Place Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1.37 |
The 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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleDowntown Parma, Cleveland, OH
Ranked #24
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 62 Apartments for Rent in Downtown Parma, OH with pricing that ranges from $745 to $3,351. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Parma ranging from $1,580 to $2,250.
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 $1,580 to $2,250 with an average monthly rent of $1,970.
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 $3,351, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,580 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $2,713.
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.

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

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.