Forest Ridge Apartments
5531-5601 Chevrolet Blvd,
Parma, OH 44130
$899 - $1,250
1-2 Beds
Rental Market Trends in Parma Heights, OH
What is the average rent in Parma Heights, OH?
$969/month
Average Rent
675 Sq Ft
Average Apartment Size
+4.1%
Increase in the Last Year
As of September 2025, the average rent in Parma Heights, OH is $969 per month. This is 41% lower than the national average rent of $1,639/month, making renting in Parma Heights more affordable than most cities in the US. When you rent an apartment in Parma Heights, you can expect to pay about $1,074 per month for a studio, $969 for a one-bedroom apartment, and around $1,273 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,720 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Parma Heights, OH?
In the past year, rent has increased by 4.1%, which averages out to $40 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024
2025
Rent Ranges in Parma Heights, OH
Last Updated September 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
12%
Below $700/month
35%
$700 - $1,000/month
41%
$1,001 - $1,500/month
6%
$1,501 - $2,000/month
6%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Parma Heights?
Based on current rent prices, Greenbriar Colony is the most affordable neighborhood in Parma Heights.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Parma Heights?
Based on current rent prices, Greenbriar Colony is the most expensive neighborhood in Parma Heights.
Neighborhood
Average Rent
Average Sq Ft
Which Parma Heights neighborhoods have the most rentals available?
The neighborhood in Parma Heights with the most apartments available is Greenbriar Colony .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Parma Heights, OH?
Because the average rent in Parma Heights is $969, you’ll want to make about $3,230 per month or $38,760 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Parma Heights, OH compare to other nearby cities and neighborhoods?
Use the tool below to compare Parma Heights, OH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Apartment communities in Parma Heights we think you'll love
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.
* Percentages may not total 100 due to rounding.