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Parma, OH

Full City Profile · Ohio · Cuyahoga County County

3.2 /5.0
B Good
80,131 Population 4,003/sq mi density
$67,425 Median Income $36,087 per capita
$157,600 Home Value $207,129 Zillow
$1,053 Median Rent 26.9% income on rent
52°F Avg Temperature 258 sunny days/yr
143 Violent Crime/100K 969 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$67,425 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$157,600 home value, $1,053/mo rent
F
Safety
1.0 / 5.0
143 violent crimes/100K
C+
Education
2.9 / 5.0
24.3% bachelor's degree or higher

Housing Overview

Median Home Value
$157,600
44% below
US avg: $281,900
Median Rent
$1,053/mo
9% below
US avg: $1,163/mo
Homeownership Rate
72.8%
11% above US avg (65.4%)
Total Housing Units
36,623
Median year built: 1958

Home Value by Source

Census Median
$157,600
Zillow (ZHVI)
$207,129
Median Sale Price
$220,000
Median List Price
$219,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.8%
Owner-Occupied
27.2%
Renter-Occupied
73%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $1,053/mo · Zillow rent: $1,429/mo

Market Indicators (Redfin)

Median Days on Market
35 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
64
Price Drops
27.0%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
74
homes for sale

Affordability & Housing Stock

Rent Burden
26.9%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
72.8%

Complete Housing Data

Home Values

Census Median Value$157,600
Zillow Home Value (ZHVI)$207,129
Median Sale Price$220,000
Median List Price$219,900
Price Per Sq Ft$171

Rent

Census Median Rent$1,053
Zillow Rent (ZORI)$1,429
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market35
Sale-to-List Ratio1.0%
Price Drops27.0%
Homes Sold64
Active Inventory74
Price Per Sq Ft$171

Ownership & Stock

Owner-Occupied72.8%
Renter-Occupied27.2%
Homeownership Rate72.8%
Total Housing Units36,623
Median Year Built1958
Rent Burden26.9%