Cheap Apartments for Rent in the Downtown Parma Neighborhood of Cleveland, OH from $700 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Parma area of Cleveland.

close
View Me
The Gardens
1 to 2 Bedroom Apartments

The Gardens

8461-7903 Greenwood View DrCleveland, OH 44129

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

close
View Me
Parma Pointe
1 Bedroom Apartments

Parma Pointe

6032-6040 Ridge RdParma, OH 44129

Downtown Parma

Named as one of the Best Affordable Neighborhoods to rent in Cleveland by our Cleveland, OH Local Expert Sandy Baker. See how it ranks!

Downtown Parma, Cleveland, OH Local Guide

Cheapest Available Downtown Parma Apartments for Rent

 

The cheapest available apartment rental in the Downtown Parma area of Cleveland, OH is a 1 Bed unit found at Independence Place Apartments: A 55 and Be... priced from $834. North Church Tower has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Downtown Parma apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Independence Place Apartments: A 55 and Be...1 Bedroom, 1 Bath1BR,1BA$834
North Church Tower1BR.1BA.546SF1BR,1BA$850
Midtown TowersBirch1BR,1BA$896
Hummingbird Pointe & The GardensThe Gardens 1 Bedrooms1BR,1BA$913
Churchill TowersChelsea-Call for availabilty1BR,1BA$950

Best Value Apartments for Rent in Downtown Parma, OH

As of February 21, 2025 the best value apartment in the Downtown Parma area is the $1.24 price per square foot 2B2 Model at Big Creek Apartments and Townhouses in the in the Downtown Parma neighborhood starting from $1,545. The second greatest value Downtown Parma apartment is the Two Bedroom Two Bath Model at Foxmoor Apartments starting at $1,390 with a $1.21 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Big Creek Apartments and Townhouses2B22BR,2BA$1.24
Foxmoor ApartmentsTwo Bedroom Two Bath2BR,2BA$1.21
Regency ApartmentsF3BR,1.5BA$1.20
Terraces at Northridge2 Bedroom 2Bath2BR,2BA$1.45
TERRA – Parma HeightsTwo Bedroom2BR,1BA$1.46
Yorktown TowersOne Bedroom One Bath Deluxe1BR,1BA$1.31
Kimberly Park ApartmentsOne Bedroom Deluxe1BR,1BA$1.41
Churchill TowersChelsea-Call for availabilty1BR,1BA$1.44
Independence Place Apartments: A 55 and Be...1 Bedroom, 1 Bath1BR,1BA$1.32
Midtown TowersBirch1BR,1BA$1.61

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Parma, Cleveland, OH

Ranked #82

Among neighborhoods in Cleveland, OH for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Southwest Cleveland, OH. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Parma Apartments

What is the Cheapest Studio apartment in Downtown Parma?

Currently the most affordable Cheap Studio Apartment in Downtown Parma is at listed at $775.

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

The lowest price for a Cheap One Bedroom Downtown Parma Apartment is $834 at Independence Place Apartments: A 55 and Be....

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Parma is starting from $1,050 at Churchill Towers.

What is the most affordable Downtown Parma Three Bedroom Apartment?

The best deal on a cheap Downtown Parma Three Bedroom Apartment rental is at Regency Apartments and starts from $1,350.

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.

decorative image for A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.