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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 $744,015, higher than the Colorado average of $579,698.
The average cost of rent is $2,438/mo in Parker, primarily driven by the current value of real estate in the Parker area. In Parker, 23.64% of households rent, and 21.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parker is $12,634 per month. Households that rent pay about 19.30% of their income on rent here. Parker’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stonegate, CO: equally priced homes
- Meridian, CO: less expensive homes
- The Pinery, CO: higher priced homes
- Foxfield, CO: higher priced homes
- Lone Tree, CO: higher priced homes
- Castle Pines North, CO: higher priced homes
- Centennial, CO: less expensive homes
- Greenwood Village, CO: higher priced homes
- Castle Rock, CO: equally priced homes
- Ponderosa Park, CO: equally priced homes
Cities with Similar Populations
- Flagstaff, AZ: less expensive homes
- Fort Mill, SC: less expensive homes
- Fishers, IN: less expensive homes
- Folsom, CA: equally priced homes
- Fort Lauderdale, FL: less expensive homes
- Fort Collins, CO: less expensive homes
- Fort Myers, FL: less expensive homes
- Garland, TX: less expensive homes
- Flint, MI: less expensive homes
- Denver, CO: less expensive homes
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