Cheap Apartments for Rent in Parma, OH from $500 (103 Rentals)

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

From Finding an Apartment to Getting Around: Your Cleveland Expert's Moving Guide

Moving to Cleveland? Our born-and-raised local expert breaks down everything you need to know — from finding the perfect neighborhood to securing utilities, getting around, and settling in with confidence.

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6007 Merkle Ave, Unit Lower
$1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350
3 Bedroom Apartment Available Now

6007 Merkle Ave, Unit Lower

6007 Merkle AveParma, OH 44129
Cost Per Sq.Ft.
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Parma Pointe
1 to 2 Bedroom Apartments

Parma Pointe

6032-6040 Ridge RdParma, OH 44129

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Chesterfield Terrace
1 to 2 Bedroom Apartments

Chesterfield Terrace

6500 Powers BlvdParma, OH 44129
Senior Living
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5235 State Rd
1 to 2 Bedroom Apartments

5235 State Rd

5235 State RdParma, OH 44134

Cleveland Rocks: Your Essential Guide to the Land's Neighborhoods and Culture

Discover the best areas for renters in Cleveland, from vibrant Ohio City and University Circle to suburban Lakewood and Shaker Heights. Get to know The Land.

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Parma, OH Local Guide

Cheapest Available Parma Apartments for Rent

 

The cheapest available apartment rental in Parma, OH is a 1 Bed unit found at Valley Point Apartments in the Old Brooklyn neighborhood priced from $525. Westview North Apartments in the Parma neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Parma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley Point Apartments1 Bedroom, 1 Bathroom1BR,1BA$525
Westview North ApartmentsC1BR,1BA$750
Midtown TowersBirch1BR,1BA$760
Ranch VillageOne Bedroom Suite - Second Floor1BR,1BA$798
Elayne ApartmentsBig 1BD1BR,1BA$800
4320 Ridge Rd1BR/1.0BA1BR,1BA$825
Valley York Apartments1 Bedroom1BR,1BA$855
North Church Towers Apartments1BR.1BA.546SF1BR,1BA$860
Pleasant Lake Apartments1 Bedroom 1 Bath1BR,1BA$875
Lafayette Village2 Bedroom Suite2BR,1BA$895

Best Value Apartments for Rent in Parma, OH

As of July 24, 2026 the best value apartment in the Parma area is the $0.34 price per square foot 4219 Brooklyn Ave Model at 4219 Brooklyn Ave, Unit 1-DWN in the in the Old Brooklyn neighborhood starting from $1,050. The second greatest value Parma apartment is the 3 Bedroom Suite Model at Lafayette Village starting at $1,090 with a $0.84 price per square foot in the Parma neighborhood. 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.
4219 Brooklyn Ave, Unit 1-DWN4219 Brooklyn Ave2BR,1BA$0.34
Lafayette Village3 Bedroom Suite3BR,1.5BA$0.84
6007 Merkle Ave, Unit Lower6007 Merkle Ave3BR,1BA$1.08
5218 Ira Ave, Unit 2 Bedroom upper Duplex5218 Ira Ave2BR,1BA$1.00
Foxmoor ApartmentsTwo Bedroom Two Bath2BR,2BA$1.24
Pleasant Lake Apartments2 Bedroom 1 Bath2BR,1BA$1.24
The Estates II Apartments1 Bed, 1 bath1BR,1BA$1.14
Regency ApartmentsB2BR,1BA$1.22
Valley York Apartments2 Bedroom2BR,1BA$1.25
Elayne ApartmentsBig 1BD1BR,1BA$1.22

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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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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Frequently Asked Questions about Cheap Parma Apartments

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

The lowest price for a Cheap One Bedroom Parma Apartment is $525 at Valley Point Apartments.

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 $625 at Valley Point Apartments.

What is the most affordable Parma Three Bedroom Apartment?

The best deal on a cheap Parma Three Bedroom Apartment rental is at Lafayette Village and starts from $1,090.

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

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From Finding an Apartment to Getting Around: Your Cleveland Expert Moving Guide

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