Parma Heights, OH Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Parma Heights is $1,166, a 5.66% increase compared to the previous year, when the average rent was $1,104.
Studio Apartments at $877 offer the most budget-friendly option with 454 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 660 square feet for $962, balancing privacy and affordability.
Two-beedroom units at $1,229 offer 951 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,236 sq ft) for $1,732, suitable for larger households.
Average rent in Parma Heights, OH
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,166 | 855 sq. ft. |
| Studio | $877 | 454 sq. ft. |
| 1 Bed | $962 | 660 sq. ft. |
| 2 Beds | $1,229 | 951 sq. ft. |
| 3 Beds | $1,732 | 1,236 sq. ft. |
Parma Heights, OH rent trends
Rental prices in Parma Heights, OH have increased by 5.66% over the past year. The average rent moved from $1,104 to $1,166.
What's the typical rent budget in Parma Heights, OH?
The largest share of rentals in Parma Heights, OH (50%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Parma Heights, OH?
3,853 or 42% of the households in Parma Heights, OH are renter-occupied while 5,340 or 58% are owner-occupied.
How Parma Heights Compares to Other Cities
| City | Average Rent |
|---|---|
| Parma Heights | $1,166 |
| Westerville | $1,535 |
| Cleveland | $1,543 |
| Cincinnati | $1,452 |
| Columbus | $1,340 |
| Dayton | $1,086 |
| Warren | $915 |
| Akron | $1,102 |
| Northwest Ohio | $1,082 |
| Toledo | $968 |
| Parma, OH | $1,092 |
| Medina, OH | $1,442 |
| Shaker Heights, OH | $1,819 |
| Beachwood, OH | $2,057 |
| Lakewood, OH | $1,223 |
| Westlake, OH | $1,708 |
| Euclid, OH | $863 |
| Elyria, OH | $1,012 |
| Cleveland Heights, OH | $1,185 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Parma Heights apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.