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Parma city, OH

ZIP 44134 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 44134

Median Home Value
$153,500
Median Rent
$943
Affordability Snapshot
$42,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$986/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 44134 in Parma city, OH, a household would need roughly $42,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $986. That sits below the local median household income ($67,116), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
77.3%+18% vs US avg
x
Vacancy Rate
5.3%-48% vs US avg
x
Broadband Access
90.1%+4% vs US avg
x
4+ Bedrooms
1.6%-89% vs US avg
x
Built Pre-1939
10.1%-21% vs US avg
x
Built Post-2014
0.2%-98% vs US avg
x
Rent Burden >30%
13.0%-74% vs US avg
x
Mortgage-Free
38.0%-1% vs US avg
x
$153,500
Home Value
$943
Rent
1958
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached79.4%
  • 1-unit attached4.9%
  • 2-9 units6.2%
  • 10+ units8.6%
  • Mobile home & other0.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$153,500
Median rent$943
Owner-occupied77.3%
Vacant5.3%
Price-to-income2.3x
Est. income to buy$42,000