Cheap Apartments for Rent in Parma, OH from $500 (69 Rentals)

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

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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Parma Pointe
1 Bedroom Apartments

Parma Pointe

6032-6040 Ridge RdParma, OH 44129
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5235 State Rd
2 Bedroom Apartments

5235 State Rd

5235 State RdParma, OH 44134

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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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.

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property at 5850 W 130th St

5850 W 130th St

Brook ParkOH44142

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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Parma, OH Local Guide

Cheapest Available Parma Apartments for Rent

 

The cheapest available apartment rental in Parma, OH is a Studio unit found at Independence Place Apartments in the Downtown Parma neighborhood priced from $746. Westview Acres Apartments in the Downtown 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
Independence Place ApartmentsStudioStudio,1BA$746
Westview Acres ApartmentsC1BR,1BA$750
Westview North ApartmentsC1BR,1BA$750
Park Place Brook ParkStudioStudio,1BA$780
Broadview Gardens ApartmentsBG 1 BD Standard1BR,1BA$805
Valley York Apartments1 Bedroom1BR,1BA$820
Lafayette Village2 Bedroom Suite2BR,1BA$845
Islander ApartmentsThe Bayside - Call For Availability1BR,1BA$866
Fulton Flats East1 Bed 1 Bath1BR,1BA$875

Best Value Apartments for Rent in Parma, OH

As of June 27, 2025 the best value apartment in the 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 Parma apartment is the Townhome Model at Shadow Creek Of North Royalton starting at $1,400 with a $1.12 price per square foot in the Indian Creek 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.
Lafayette Village3 Bedroom Suite3BR,1.5BA$0.80
Shadow Creek Of North RoyaltonTownhome2BR,1.5BA$1.12
6900 LoftsThree Bed 1.5 Bath3BR,1.5BA$1.38
Valley York Apartments2 Bedroom2BR,1BA$1.23
Hummingbird Pointe & The GardensHummingbird 2 Bedrooms2BR,1BA$1.40
Fulton Flats East1 Bed 1 Bath1BR,1BA$1.25
Pinecrest Apartments1BR/1BA1BR,1BA$1.29
The Meadows Patio Apartments - HEAT INCLUDED!One Bedroom One Bath1BR,1BA$1.38
Independence Place Apartments1 Bedroom, 1 Bath1BR,1BA$1.36
4200 Ridge Rd, Unit APT 24200 Ridge Rd1BR,1BA$1.33

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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Best Local Schools in
Parma, OH

School data provided by Great Schools

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

Explore Parma, OH Rentals by Map

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See the most popular apartments and homes in Parma, OH

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Getting Around Parma, OH

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Park Place Brook Park listed at $780.

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

The lowest price for a Cheap One Bedroom Parma Apartment is $750 at Westview North 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 $845 at Lafayette Village.

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 $1,035.

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.