The Most Affordable Neighborhoods in Parker Lane, Austin, TX by Home Value

 

Parker Lane, Austin, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Parker Lane area can be challenging. Home prices in Parker Lane are now at a median cost of $336,776, lower than the Austin average of $356,096.

The average cost of rent is $1,196/mo in Parker Lane, primarily driven by the current value of real estate in the Parker Lane area. While nearly 35.92% of residents own their homes outright in Parker Lane, 80.70% rent.

Housing affordability isn’t just about home prices, though. The average household income in Parker Lane is $4,431 per month. Households that rent pay about 26.99% of their income on rent here. Parker Lane's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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