Cheap Apartments for Rent in Parma, MO from $500 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in Parma.

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.

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Caraway Commons
Rent Specials
$850 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,150
Total Monthly Price
$850 - $1,150
1 to 3 Bedroom Apartments Available Now

Caraway Commons

3308 Caraway Commons DrJonesboro, AR 72404
Cost Per Sq.Ft.
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  • Utilities Included

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.

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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.

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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.

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Villas at Jonesboro
1 to 2 Bedroom Apartments

Villas at Jonesboro

983 N Patrick StJonesboro, AR 72401
Senior Living
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Lauren's Place
2 to 3 Bedroom Apartments

Lauren's Place

802 Crown StMarble Hill, MO 63764
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Sundance Townhomes
2 Bedroom Apartments

Sundance Townhomes

1912 Word CvJonesboro, AR 72401
Student Housing
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Parma, MO Local Guide

Cheapest Available Parma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Parma, MO is a 1 Bed unit found at The Vue on Self Circle in the Downtown Jonesboro neighborhood priced from $575. Capri has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Parma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Vue on Self Circle1BR/1BA1BR,1BA$575
CapriCopper1BR,1BA$595
Royal RidgeRoyal Ridge-0-1-408Studio,1BA$600
The District at CapeScully2BR,1BA$605
Robindale-East ApartmentsOne Bed1BR,1BA$650
Gladiola EstatesStandard 1 Bedroom1BR,1BA$665
601 Kinzer StKinzer 32BR,1BA$695
SilverwoodCustom1BR,1BA$705
The Links at JonesboroCustom1BR,1BA$720
Courtyard @ The Corner1 Bedroom, 1 Bathroom1BR,1BA$750

Best Value Apartments for Rent in Parma, MO and Nearby

As of April 26, 2026 the best value apartment in the Parma area is the $1.02 price per square foot Heritage Trace Model at Heritage Trace of Brookland in the starting from $1,270. The second greatest value Parma apartment is the 2 Bed 1.5 Bath - Malerie St Model at The Oak Townhomes starting at $1,000 with a $0.83 price per square foot . Here is today’s list of the best values for Parma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Heritage Trace of BrooklandHeritage Trace3BR,2BA$1.02
The Oak Townhomes2 Bed 1.5 Bath - Malerie St2BR,1.5BA$0.83
Brooke Village2BR/1.5BA2BR,1.5BA$0.71
The District at CapeMagill2BR,1.5BA$0.75
Cape Trails2Bd. 2Bt. (975sqft)2BR,2BA$0.72
The Meadows Apartments3x1.53BR,1.5BA$0.98
Williamsburg ApartmentsMEDIUM 2BR/1BA2BR,1BA$0.83
601 Kinzer StKinzer 32BR,1BA$0.76
Cedar Manor Apartments2 bedroom x 1 bath2BR,1BA$1.04
Robindale-East ApartmentsOne Bed1BR,1BA$1.07

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Parma, MO Rentals by Map

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See the most popular apartments and homes in Parma, MO

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Frequently Asked Questions about Cheap Parma Apartments

What is the Cheapest Studio apartment in Parma?

Currently the most affordable Cheap Studio Apartment in Parma is at Royal Ridge listed at $600.

How much is rent for a Cheap One Bedroom Parma Apartment?

The lowest price for a Cheap One Bedroom Parma Apartment is $575 at The Vue on Self Circle.

What is the lowest price for a Cheap Two Bedroom Parma Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Parma is starting from $605 at The District at Cape.

What is the most affordable Parma Three Bedroom Apartment?

The best deal on a cheap Parma Three Bedroom Apartment rental is at Robindale-East Apartments and starts from $850.

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.

Articles, How-To's, and Tips

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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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.