Parma Heights, OH Rental Market Trends
Highlights
The average rent for an apartment in Parma Heights is $851, a 5% increase compared to the previous year, when the average rent was $808.
Average Rent in Parma Heights, OH
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $851 | 5% | 866 sq. ft. |
The average size for a Parma Heights, OH apartment is 866 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Parma Heights, OH Apartment Rent Ranges
- $501-$70025%
- $701-$1,00058%
- $1,001-$1,50016%
Parma Heights, OH Occupied Housing Units
- Renter-occupied Households46%
- Owner-occupied Households53%
4,206 or 46% of the households in Parma Heights, OH are renter-occupied while 4,918 or 53% are owner-occupied.
Parma Heights, OH Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Parma Heights, OH | $784 | $796 | $803 | $795 | $794 | $808 | $821 | $842 | $851 |
| National | $1,350 | $1,382 | $1,385 | $1,388 | $1,423 | $1,431 | $1,434 | $1,469 | $1,474 |
How Parma Heights Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Cincinnati | $1,022 | 5% |
| Columbus | $945 | 3% |
| Dayton | $801 | 7% |
| Northwest Ohio | $784 | 5% |
| Cleveland | $1,091 | 2% |
| Lakewood | $905 | 5% |
| Brunswick | $936 | 5% |
| Rocky River | $998 | 4% |
| Westlake | $1,224 | 4% |
| Parma Heights | $851 | 5% |
| Brook Park | $741 | 7% |
For more information about the Parma Heights rental trends, check out our monthly rent report
Check out Ohio Cities, Ohio Neighborhoods and Ohio Zip Codes for more details on verified listings, including the Ohio Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!