Cheap Apartments for Rent in Parma, OH from $500 (72 Rentals)

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

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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5235 State Rd
1 Bedroom Apartments

5235 State Rd

5235 State RdParma, OH 44134
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Parma Pointe
1 Bedroom Apartments

Parma Pointe

6032-6040 Ridge RdParma, OH 44129
property at 4013 W 23rd St

4013 W 23rd St

ClevelandOH44109
property at 4233 Ridge Rd

4233 Ridge Rd

ClevelandOH44144
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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 Ranch Village in the Indian Creek neighborhood priced from $747. Park Place Brook Park in the Riverside neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $780. Here is today’s list of the most affordable Parma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ranch VillageOne Bedroom Suite - Second Floor1BR,1BA$747
Park Place Brook ParkStudioStudio,1BA$780
Parkside Villas1 Bed, 1 bath1BR,1BA$795
Westview North ApartmentsF2BR,1BA$800
Broadview Gardens ApartmentsBG 1 BD Standard1BR,1BA$805
Lafayette Village2 Bedroom Suite2BR,1BA$845
North Church Towers Apartments1BR.1BA.546SF1BR,1BA$850
Independence Place Apartments1 Bedroom, 1 Bath1BR,1BA$859
Islander ApartmentsThe Bayside - Call For Availability1BR,1BA$866
Rockport ApartmentsONE BEDROOM - ONE BATHROOM1BR,1BA$875

Best Value Apartments for Rent in Parma, OH

As of April 09, 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 Indian Creek neighborhood starting from $1,035. The second greatest value Parma apartment is the 2TH Model at Big Creek Apartments and Townhouses starting at $1,530 with a $1.28 price per square foot in the Downtown 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.
Lafayette Village3 Bedroom Suite3BR,1.5BA$0.80
Big Creek Apartments and Townhouses2TH2BR,1.5BA$1.28
Shadow Creek Of North RoyaltonPrivate Entry2BR,2BA$1.20
Foxmoor ApartmentsTwo Bedroom Two Bath2BR,2BA$1.21
Executive Towers and GardensTwo Bedroom (Gardens)2BR,1BA$1.16
Westbrook Village2 Bed 1 Bath Style C2BR,1BA$1.09
Valley York Apartments2 Bedroom2BR,1BA$1.23
Parkside Villas2 Beds, 1 bath2BR,1BA$1.19
Pinecrest Apartments1BR/1BA1BR,1BA$1.29
Westview North ApartmentsF2BR,1BA$1.24

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Pet Friendly Lifestyle

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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!

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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 $747 at Ranch Village.

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 $800 at Westview North 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 $1,035.

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

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

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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.

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Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.