The Most Affordable Neighborhoods in Parker Lake, MO by Home Value

 

Parker Lake, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Parker Lake area can be challenging. Home prices in Parker Lake are now at a median cost of $180,044, lower than the Missouri average of $246,641.

The average cost of rent is $796/mo in Parker Lake, primarily driven by the current value of real estate in the Parker Lake area. In Parker Lake, 17.87% of households rent, and 52.37% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Parker Lake is $6,268 per month. Households that rent pay about 12.70% of their income on rent here. Parker Lake’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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