Market Summary

Parma, Cuyahoga County, OH

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Median Home Price Price

$199,169 $199.2K

Median Monthly Rent Rent

$1,377 $1.4K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Cuyahoga County

Region Price Rent GRM Display
$199,386 $1,362 12.0x
$197,046 $1,413 12.0x
$190,073 $1,369 11.0x
$245,068 $1,348 15.0x
$327,356 $1,370 20.0x
$283,307 $1,341 18.0x
$365,820 $1,463 21.0x
$283,273 $1,684 14.0x
$253,977 $1,434 15.0x
$218,611 $1,354 13.0x
$265,922 $1,384 16.0x
$323,266 $1,372 20.0x
$223,722 $1,336 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within OH outside of Cuyahoga County

Region Price Rent GRM Display
$187,764 $1,346 12.0x
$299,149 $1,464 17.0x
$175,326 $1,122 13.0x
$223,881 $1,017 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of OH

Region Price Rent GRM Display
$436,246 $1,416 26.0x
$308,879 $2,025 13.0x
$329,786 $2,288 12.0x
$222,586 $1,279 14.0x
$315,099 $2,104 12.0x
$383,973 $1,529 21.0x
$296,706 $1,778 14.0x
$215,772 $1,457 12.0x
$272,298 $1,874 12.0x
$166,057 $1,131 12.0x
$309,986 $2,307 11.0x
$162,260 $1,264 11.0x
$310,568 $2,295 11.0x
$304,333 $1,429 18.0x
$283,291 $1,519 16.0x
$223,602 $1,373 14.0x
$261,315 $1,440 15.0x
$302,955 $2,495 10.0x
$254,878 $1,052 20.0x
$373,902 $1,406 22.0x

Home prices

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Monthly rent

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GRM

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Parma

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Trend Insights

Median Rent in Parma, OH is $1,377, with MoM change +$17 and YoY change +$134 pointing to positive momentum while volatility is low (std $35).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Parma, OH.

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Metric
Base market Parma, OH
Compare market Select a market
Delta vs base
Median rent
$1,377
N/A
Median price
$199,169
N/A
YoY change
+$134
N/A
Price-to-rent
12.1x
Data unavailable
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