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These days, finding an affordable place to live in the Parker area can be challenging. Home prices in Parker are now at a median cost of $231,110, lower than the Arizona average of $421,436.
The average cost of rent is $869/mo in Parker, primarily driven by the current value of real estate in the Parker area. In Parker, 40.36% of households rent, and 58.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parker is $5,269 per month. Households that rent pay about 16.49% of their income on rent here. Parker’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Big River, CA: less expensive homes
- Earp, CA: less expensive homes
- Cienega Springs, AZ: higher priced homes
- Parker Dam, CA: less expensive homes
- Parker Strip, AZ: equally priced homes
- Date, AZ: higher priced homes
- Congress, AZ: higher priced homes
- Yarnell, AZ: higher priced homes
- Peeples Valley, AZ: higher priced homes
- Octave, AZ: higher priced homes
Cities with Similar Populations
- Rougemont, NC: higher priced homes
- Rindge, NH: higher priced homes
- Rineyville, KY: higher priced homes
- Ringoes, NJ: higher priced homes
- Riverwoods, IL: higher priced homes
- Rochester, IL: higher priced homes
- Rock Valley, IA: higher priced homes
- Rockford, MN: higher priced homes
- Rockvale, TN: higher priced homes
- Roland, OK: less expensive homes
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