Parma, OH has a population of 79,871, while the median age is 42. The household income in Parma, OH is around $52,611. The homeownership rate among the residents is 73%. The median residential property value in Parma, OH that you should keep in mind is $108,800.
Population | 79,871 |
Median Age | 42 |
Poverty Rate | 9% |
Household Income | $52,611 |
Number Of Employees | 40,749 |
Median Property Value | $108,800 |
Rent Price | Dec | vs Last Month |
---|---|---|
2-bed apartments | $1,000 | +4% |
3-bed apartments | $1,512 | +27.8% |
Over the Dec 2022, the average rent for an apartment in/near Parma, OH increased by 27.5% to $1,430.
The average price for a rental studio in Parma, OH has remained the same as last month and equals $500. Breaking it down in details, we now see that the average price for 1-bed apartment stands at $752 with no changes this month. Pricing for 2-bed apartment also increased by 4% and a place of this size will now cost you $1,000. 3-bed apartment rent pricing starts at $1,512, it increased by 27.8% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,099 for a big-family home.
Rent Type Price | Dec | vs Last Month |
---|---|---|
Apartments for rent | $1,151 | -16.9% |
Houses for rent | $1,518 | +36.6% |
The median rent for an apartment in Parma, OH decreased by 16.9% to $1,151. Statistics show that house rent price increased by 36.6% this month making it up to $1,518. Condo for rent is now available for the same pricing as previously — $1,250.