Median rent for residential apartments in Parma, OH as of Dec, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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16 Parma, OH, USA apartments for rent
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Parma
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 |
Housing Trends
How much is an apartment in Parma, OH, USA
Average apartment rent in Parma: $1,430 (+27.5%)
| 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.
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