City Report · OH

Parma Heights

Pop. 20,581·103rd most expensive in Ohio·One of the most affordable rental markets in the US
Median rent (all units)
$1,152/mo
Year-over-Year
+3.2%
Month-over-Month
+0.3%
vs US Median
-$780
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Parma Heights · $1,152
More affordable than 94% of US cities · National median $1,932/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,152/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$46,000/yr
Local median income
$61,009/yr
Based on the 30%-of-income rule using Parma Heights's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$930
1 BR
$1,050
2 BR
$1,270
3 BR
$1,630
4 BR+
$1,750
Fair Market Rent (HUD)
$1,270/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,152 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Ohio

Rent in Parma Heights changed +3.2% over the year to September 2026. Across the 93 Ohio cities Zillow tracks, the typical change was +4.3%.

Recent direction

Rent has risen 7 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($61,009) is $1,525 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,270); a 3-bedroom is $1,630.

Cheaper nearby

Bedford Heights, 15 miles away, rents for 12% less ($1,011/mo), about $1,700 a year in savings.

From Zillow's monthly rent index (ZORI) for Parma Heights. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$13,824/yr
At $1,152/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.2% YoY, +0.3% MoM), not inventory.
Rent check

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Demographics

Who lives here

Parma Heights, OH is majority owner-occupied, has a median income below the national average, 27.5% of residents hold a bachelor's degree or higher.

Population
20,581
Median income
$61,009
Median age
40.8
Renters
42.2%
Age distribution
19.7%
22.7%
27.2%
20%
Under 1819.7%
18–3422.7%
35–5427.2%
55–6410.4%
65+20%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
73%
16.5%
White73%
Black16.5%
Hispanic4.3%
Asian3.3%
Other2.9%
Education (25+)
34.5%
29.2%
27.5%
No HS diploma8.7%
HS diploma34.5%
Some college29.2%
Bachelor's+27.5%
Housing tenure
57.8%
42.2%
Owner57.8%
Renter42.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Parma Heights, OH has changed in 5 years

Income
$53,642 → $61,009
up 13.7%
Population
20,764 → 20,581
down 0.9%
Renter share
42.6% → 42.2%
-0.4 pts
Bachelor's+
26.5% → 27.5%
+1.0 pts

Census figures show median household income at $61,009 today, compared with $53,642 five years earlier.

Community

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View Parma Heights rent history (2015–2026) →
Salary vs rent

Can you afford rent in Parma Heights on your salary?

At $1,152/mo, how Parma Heights rent compares to typical pay (30% rule).

By apartment size

Parma Heights rent by bedroom count

Median rent for each apartment size in Parma Heights. Click any size for full breakdown.

Local insights

Tips for renters in Parma Heights

About renting in Parma Heights, OH

Last updated: October 17, 2026

The median rent in Parma Heights is $1,152/mo as of October 2026. A studio apartment averages $930/mo while a 2-bedroom runs $1,270/mo. One-bedroom apartments average $1,050/mo and 3-bedroom units go for $1,630/mo.

At 23% of local median household income ($61,009/yr), Parma Heights ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Parma Heights?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (about $22/hour full-time) to afford the median rent of $1,152/mo in Parma Heights. The local median household income is $61,009/yr, so the typical household meets that bar.

Is rent going up or down in Parma Heights?

Rent in Parma Heights has risen 3.2% over the past year.

How does Parma Heights rent compare to other cities in Ohio?

Parma Heights is one of the more affordable among Ohio cities for rent, ranking #103 of 125 tracked cities at $1,152/mo. Over the year to September 2026, rent in Parma Heights changed +3.2%, against a typical +4.3% across the 93 Ohio cities Zillow tracks.

Which nearby cities are cheaper to rent in than Parma Heights?

Nearby cities with lower median rent than Parma Heights ($1,152/mo) include Brookpark ($1,125/mo).
Income Affordability
23%
VERY AFFORDABLE

At $1,152/mo, rent takes ~23% of Parma Heights's median household income ($61,009/yr). The standard benchmark is 30%.

Parma Heights 23%Benchmark 30%
State income tax2.75–3.5%
Run the Parma Heights affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Parma Heights, OH

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