In order to study the parametric vibration of stayed cables in a long cantilever bridge for a sightseeing platform, nonlinear parametric vibration equations of the stayed cables excited by the vibration of bridge deck and tower are derived. Then, a second-order differential equation is transformed into a first-order ordinary differential equation, which is solved by using the Runge–Kutta method. A finite element model of cables was also built to verify the solution of the Runge–Kutta method. Then, the inherent dynamic characteristics of the full structure and all the cables with different lengths were analyzed to discuss the potential risk of parametric vibration. The longest and shortest cables were taken as examples to explore their nonlinear vibration performance. The effects of damping ratio, excitation position, and amplitude on cables’ nonlinear vibration performance were investigated. The results show that it will be more efficient and convenient to use the Runge–Kutta method to calculate cables’ nonlinear vibration amplitude without loss of accuracy. In addition, short cables have more resonance zones compared to long cables. Especially, with the cable length shortening, the dominant frequencies of the dynamic response and its amplitude increase significantly, and the number of resonance zones also increases. However, excessive excitation amplitude will also cause multiple resonance zones in the cable. The parametric analysis results show that it is effective and efficient to mitigate the nonlinear vibration by adjusting the frequency relationship between the bridge and the cables, rather than by increasing the damping ratio.